MPSA Questions with complete solution 2024/2025

MPSA & CPM Exam Prep Tutorial
A management plan consists of two types of midstream analyses:
1.
2.
1. As Is Analysis
2. Alternative Analysis




3 Parts of the As Is Analysis
1.
2.
3.
1. Property Analysis
2. Financial Analysis
3. Market Analysis




2 Parts of the property analysis portion of the As Is Analysis
1. Physical Description
2. Management Description




4 parts of the financial analysis of the As Is Analysis
1. Operating History and Pro Forma
2. Current Market Value and Equity

,3. Loan Analysis
4. Four Tests: cash on cash, value enhancement, NPV, and IRR




3 parts of the market analysis of the As Is Analysis
1. Region Analysis
2. Neighborhood Analysis
3. Marketing Plan




This is essentially a "mini plan." It should be 2-3 pages long and should
restate the key points of each section of the plan.
Executive Summary




1st part of the executive summary includes:
owner, goals, and property




2nd part of the executive summary includes:
summaries of the keys points of each section in the 1st paragraph




Conclusion of the executive summary includes:
final recommendation for ownership

, Define:
Amount of space available in the market
Supply




Define:
Net change in the amount of occupied space from one period to the next
Absorption




Define:
Occupancy rate at which rents are just sufficient to cover expenses and debt
service
Break-Even Point




AD
Define:
Amount of occupied space and vacancy expected when market rents are
stable
Demand




Define:
A building's percentage of the total supply in the area