The crisis which has hit the economies of the Western countries has with regard to the real estate market resulted in a break of the trend of the real estate cycle. As a result of that the past is no longer a mirror for the future developments. And by that those future developments are far more difficult to predict losing the old familiar stronghold of the cycle effects. This strikes especially the up-set of the Discounted Cash Flow calculations. In this paper a sketch is given about the new reality at that field and the situation of the trend-break one is in nowaday till the moment there is sight upon the new set real estate cycle with its own trendline.