ARGUS Study Test Questions with Correct Answers
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS Enterprise will assume: - Answer-The space is available, but vacant until the Start Date
The Analysis Start Date is January 2016. A tenant's lease start date is ...
ARGUS Study Test Questions with
Correct Answers
When entering an Available Date prior to the Start Date within the Rent Roll, ARGUS
Enterprise will assume: - Answer-The space is available, but vacant until the Start Date
The Analysis Start Date is January 2016. A tenant's lease start date is March 2016. If
we want to show the Lost Absorption/Turnover Rent for this tenant, what would be
entered into the Available and Start Date fields? - Answer-Available January 2016
Start March 2016
(T/F) The Lost Absorption/ Turnover Rent being reported for the months prior to a lease
start will appear on the individual Tenant Cash Flow/ LPV report. - Answer-False
Calculate the tenants Percentage Rent with the following information:
Natural Breakpoint
4% of Sales
$950,000 in sales
Tenant size: 2,450 SF
Tenant rent: $13.00/SF/Year - Answer-[(Sales Vol-Breakpoint*Sales%)]
[(950,000)-((2,450SF*$13/SF/yr)/4%)]*4%
[950,000-(31,850/4%)]*4%
[950,000-796,250]*4%
153,750*4%
6,150
What is the General Vacancy for this building?
Potential Gross Revenue: $9,600,000
Absorption and Turnover Vacancy: $230,000
% of Potential Gross Revenue: 5% - Answer-[(PGR)+(Absorption&Turnover)]*(Vacancy
Rate)-(Absorption & Turnover)
[(9,600,000)+(230,000)]*(5%)-(230,000)
9,830,000*5%-230,000
491,500-230,000
261,500
The % of Total Rental Revenue method is calculated by taking the Scheduled Base
Rent + ______ - Answer-CPI Increases
(T/F) The default General Vacancy calculation is annually - Answer-False (monthly)
Calculate the Utilities expense, using the following assumptions:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
