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CCIM 101 - Financial Analysis UPDATED Exam Questions and CORRECT Answers $7.99   Add to cart

Exam (elaborations)

CCIM 101 - Financial Analysis UPDATED Exam Questions and CORRECT Answers

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  • CCIM 101
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  • CCIM 101

CCIM 101 - Financial Analysis UPDATED Exam Questions and CORRECT Answers What are the four basic components of NOI? - Correct ANSWER- 1 - Potential rental income (PRI) 2 - Vacancy and credit losses 3 - Other income 4 - Operating expenses [XXXX] is used to determine a property's PRI (Potent...

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  • June 14, 2024
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • CCIM 101
  • CCIM 101
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MGRADES
CCIM 101 - Financial Analysis UPDATE D Exam Questions and CORRECT Answers What are the four basic components of NOI? - Correct ANSWER - 1 - Potential rental income (PRI) 2 - Vacancy and credit losses 3 - Other income 4 - Operating expenses [XXXX] is used to determine a property's PRI (Potential Rental Income.) - Correct ANSWER - Lease analysis PRI equals NOI in what property/tenant scenario? - Correct ANSWER - If the property has one tenant with a long -term absolute NNN lease. [XXXX] is PRI minus vacancy and collection losses. - Correct ANSWER - ERI (Effective Rental Income) Name some items which are EXCLUDED from Operating Expenses. - Correct ANSWER - Interest and principal on debt on the property Depreciation (cost recovery) Capital Expenditures Income Taxes Reserves for Replacement Tenant Improvements True or False: Depreciation is included in Operating Expenses. - Correct ANSWER - False True of False: Principal and interest on debt financing is included in Operating Expenses - Correct ANSWER - False. This is an expense of ownership, not an operating expense. True or False: Capital Expenditures are included in Operating Expenses. - Correct ANSWER - False. They are written off over a period of years. True of False: Income Taxes are included in Operating Expenses - Correct ANSWER - False True of False: Reserves for Replacement are included in Operating Expenses - Correct ANSWER - False True of False: Tenant Improvements (TI) are included in Operating Expenses - Correct ANSWER - False True of False: Repairs and Maintenance are included in Operating Expenses - Correct ANSWER - True

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