Using the information below, calculate the amount that will appear as the
Operating Expense on Year 1 of the Cash Flow:
Utilities Expense: $16,500
% Fixed: 35%
% Occupied: 82%
% Grossed Up: 90%
o :## $14,569.50????
The Fixed Amount/Area Recovery Method is calculated as:
-The increases over...
Argus Certification Questions and
Correct Answers Latest Update,
Graded A+
This section allows a user to enter multiple closing costs as an amount or a
percentage of the total purchase price.
o :## Closing Costs
True or False: Debt is automatically included in the Less Debt Amount field if debt
has been previously entered.
o :## True
Type a number in between 1 and 30 into this field to assign a priority to a debt.
The same number can be assigned to multiple loans. The loan displays in seniority
order on the Input Assumptions Report
o :## Seniority
Clicking this will open up the Rate Varies Popup Editor which will allow a user to
enter an interest rate that varies over time.
o :## Interest Rate Ellipsis
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
, 2|Page : 2024 | Grade A+
Allows a user to enter in either the number of months after the loan start date or a
specific date in which a loan will start amortizing. With 0 entered in the field the
loan will pay interest and principal from the start.
o :## Amortize Start Field
True or False: Argus will not let you sell your property with any outstanding debt
o :## True
The valuation date is the date entered in the Analysis Begin Date field in the
Description tab
o :## Analysis Begin (Default)
Type your desired valuation date in the field below
o :## Specified Date
Adjusts the cap rate up or down in percentage steps. The default is 0.5%.
Adjustments apply to properties that have on of the net operating income (NOI)
options as the resale calculation method.
o :## Cap Rate Interval
Adjusts the resale amount interval up or down in percentage steps. The default is
0.5%. Adjustments apply to properties that have one of the following options in the
Amount field selected as the resale calculation method: Inflate Purchase Price,
Enter Sale Price, or $/Building Area.
Master01: DO NOT COPY AND PASTE!! August 22, 2024 Latest Update
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