100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
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

 49 views  2 purchases
  • Course
  • CCIM 101
  • Institution
  • 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...

[Show more]

Preview 1 out of 3  pages

  • June 14, 2024
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • CCIM 101
  • CCIM 101
avatar-seller
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 MGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99  2x  sold
  • (0)
  Add to cart