ARGUS REVIEW QUESTIONS PP2 WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Course
ARGUS Certification
Institution
ARGUS Certification
True or false: all reimbursable and non-reimbursable operating expenses are entered in the expense input screen - ACCURATE ANSWERS true
What are reimbursable expenses? - ACCURATE ANSWERS expenses that the property owner will recover from the tenants
-cam
-taxes
-insurance
-repairs
What is...
ARGUS REVIEW QUESTIONS PP2
ARGUS REVIEW QUESTIONS PP2 WITH GUARANTEED ACCURATE ANSWERS |
VERIFIED
True or false: all reimbursable and non-reimbursable operating expenses
are entered in the expense input screen - ACCURATE ANSWERS✔✔
true
What are reimbursable expenses? - ACCURATE ANSWERS✔✔
expenses that the property owner will recover from the tenants
-cam
-taxes
-insurance
-repairs
,What is % of gross market income? - ACCURATE ANSWERS✔✔ for
DCF users, this multiplies the entry in the amount1 field by the sum of
total market rent and total other rental revenue
True or false: non-operating expenses will fall below the net operating
income line on the cash flow. - ACCURATE ANSWERS✔✔ true
True or false: non-operating expenses will not be counted towards the
value of the property. - ACCURATE ANSWERS✔✔ true, however, you
can turn this feature on/off in the report options while in the cash flow
report
What does prop 13B do? - ACCURATE ANSWERS✔✔ modify the
capitalization process by adjusting the NOI to remove the tax expense,
add the tax rate to the cap rate, and calculate resale of the property based
on the incremental cap rate
What does prop 13A do? - ACCURATE ANSWERS✔✔ calculate
expenses as a percentage of the resale amount as well as any recovery of
the adjusted expense
What is the variable expense calculation? - ACCURATE
ANSWERS✔✔ [(expense amount x % fixed) + (expense amount x %
variable x % occupied)] = expense amount on cash flow
, What's entered into the varies window? - ACCURATE ANSWERS✔✔
revenues and/or expenses that start and stop at specific times, or change
during the analysis period
What do limits do? - ACCURATE ANSWERS✔✔ provide the ability to
set a lower or upper limit on the projected expense amount
True or false: limits inflate by the default expense inflation rate -
ACCURATE ANSWERS✔✔ true
True or false: if the projected expense amount is less than the inflated
lower limit or greater than the inflated upper limit, it will be overridden
with the inflated limit amount in the cash flow projection - ACCURATE
ANSWERS✔✔ true
What are capital expenses? - ACCURATE ANSWERS✔✔ expenses that
are not considered part of a property net operating income and appear
below the income line on the cash flow
ex: structural or capital reserves, building repairs, improvements
these expenses will appear in the capital expenditures section of the cash
flow report
What is used to model existing lease contracts, including leased area,
lease start and end dates, base rent, fixed steps, CPI increases, free rent
periods, percentage rents, recoveries, leasing costs, and market renewal
assumptions - ACCURATE ANSWERS✔✔ rent roll
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