REE 4143 FSU Exam 2 quiz bank - argus

REE 4143 FSU Exam 2 quiz bank - argus Suppose the analysis period is 5 years. In "Create Property Asset", you set "Analysis Years" as 5. At the end of year 5, you are going to convert NOI in year 6 using terminal cap rate. Then you set Cap Rate as "10.0%" in tab "Valuation" "Property Resale" and "CAP NOI (12 months after sale)". After you enter rents for year 1-5, Argus will automatically calculate cash flow of Year 6. True False - ANSWER False ___ is used for CPI rent increases in the Market Leasing and Tenant sections of the application. The general inflation rate The market inflation rate The expense inflation rate The CPI inflation rate - ANSWER The CPI inflation rate The Recoveries section allows you to enter information about recoveries (money you charge the tenant to cover expenses). Setting recovery timing is important. In which of the following January will be used as the start of the year for recovery timing and inflation calculation? Fiscal Recovery using Fiscal Inflation Calendar Recovery using Fiscal Inflation Calendar Recovery using Calendar Inflation - ANSWER Calendar Recovery using Calendar Inflation ____ save the updates to the property asset model to the database. If a calculation has been performed, also saves the latest calculation results. Save Property As Save Property to File Check In/Out Property Save Property - ANSWER Save Property When calculating a Market Leasing Profile with the Upon Expiration set to "Renewal," ARGUS _______. Assumes a 0% renewal Takes a weighted average Assumes the space goes dark Assumes a 100% renewal - ANSWER Assumes a 100% renewal Once a Property Asset Type is selected it cannot be changed. Group of answer choices True False - ANSWER False Gross building area = 24,000 . Occupied area = 20,000 . Utility cost = $1.25 per square foot per year based on gross building area If we set 60% as "Fixed %" in tab "Expenses" - "Operating" What is total utility costs? 15,000 18,000 30,000 28,000 - ANSWER 28,000