ARGUS UPDATED STUDY EXAM QUESTIONS AND
ANSWERS GRADED A+
✔✔use the following screenshot for 14-16
assuming a 50% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔6,000
✔✔use the following screenshot for 14-16
assuming a 75% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔9,000
✔✔use the following screenshot for 14-16
assuming a 100% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔12,000
✔✔capital expenditures appear in which section of the cash flow? - ✔✔leasing and
capital
✔✔following screenshot for 18
assume a 3% general inflation. what is the roof repair amount that will appear on the
cash flow? - ✔✔41,200
✔✔from the frequency drop-down menu in the reimbursable expenses window, an
expense can be calculated - ✔✔both monthly and quarterly
✔✔rent abatements are entered as of the _____________ start date - ✔✔tenant
✔✔to activate mm/dd/yy date formatting for a tenant's start date, go to the _______
menu. - ✔✔options
✔✔to bring up the calculator window press - ✔✔f8
✔✔the reimbursement method in the mla defaults to the reimbursement method in the
tenant's previous lease. - ✔✔false
because you have to go in and select each option
✔✔by default, tenant improvements are entered as - ✔✔$/SqFt
,✔✔by default, leasing commissions are entered as - ✔✔a percentage
✔✔what will SC corporation pay for reimbursements in 2014? - ✔✔$0
✔✔not on test - ✔✔not on test
✔✔not on test - ✔✔not on test
✔✔option assumes a _________ renewal probability. - ✔✔100%
✔✔screenshot for 30-31
what is the direct capitalized value? - ✔✔$5,771,500
✔✔screenshot for 30-31
assuming a sale date of december 2017, what will be the net proceeds from sale? -
✔✔$5,531,192
✔✔to calculate a "going in" value of the project, enter a cap rate in which window: -
✔✔direct capitalization
✔✔If "calculate resale for all years" is unchecked, the resale report will only display the
resale information for the final year - ✔✔true
✔✔by default, when analyzing a 3 year analysis, the __________ year NOI will be used
for the resale calculation. - ✔✔4th
✔✔if 10% is a desired return, enter 10% in the ____________ window. - ✔✔prospective
present value
✔✔by default, ARGUS uses __________ to determine the direct capitalized value -
✔✔year 1
✔✔screenshot to answer 37-38
what are the commissions in year 4? - ✔✔309,029
✔✔screenshot to answer 37-38
what is the net proceeds from sale at the end of the holding period? - ✔✔$9,995,841
, ✔✔when 100% of market is input for a tenant's base rent within the tenant rent roll,
ARGUS calculates this by taking a blended average within the mla. - ✔✔false
✔✔when creating a step rent category always input the fixed date from which the
increase will occur - ✔✔false
✔✔when inputting a specific lease start date, a checkbox must be activated under the
options drop-down menu from the executive dashboard - ✔✔true
✔✔when selecting "$/SqFt Inc, Annual", ARGUS will apply a dollar per SqFt increase
every year - ✔✔true
✔✔what is the default CPI method applied to tenants within the tenant rent roll? -
✔✔ARGUS does not automatically apply CPI to the tenant lease
✔✔how do you show potential rent for a tenant that has a lease start date after the
analysis? - ✔✔use the relative start date from the analysis start date
✔✔____________ is used in retail properties where tenants are expected to pay a
percentage of the sales to the property owner - ✔✔retail sales/percentage rent
✔✔in the mla, if the renewal amount is left blank ARGUS will use: - ✔✔the new market
rent amount
✔✔tenant groups are useful for all of the following except: - ✔✔auditing the sources and
uses of capital report
useful for:
auditing property level cash flows
individual tenant reporting
excluding certain tenants from general vacancy
✔✔when entering a call date on a loan either a relative or fixed date can be used -
✔✔true
✔✔in the general vacancy window, the method percent of potential gross revenue
includes which of the following? - ✔✔retail sales revenue
misc. revenue
parking revenue
✔✔percent of scheduled base revenue includes all of the following in the calculation
except: - ✔✔reimbursements
ANSWERS GRADED A+
✔✔use the following screenshot for 14-16
assuming a 50% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔6,000
✔✔use the following screenshot for 14-16
assuming a 75% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔9,000
✔✔use the following screenshot for 14-16
assuming a 100% occupancy, calculate the outdoor signage revenue in year 1 of the
analysis - ✔✔12,000
✔✔capital expenditures appear in which section of the cash flow? - ✔✔leasing and
capital
✔✔following screenshot for 18
assume a 3% general inflation. what is the roof repair amount that will appear on the
cash flow? - ✔✔41,200
✔✔from the frequency drop-down menu in the reimbursable expenses window, an
expense can be calculated - ✔✔both monthly and quarterly
✔✔rent abatements are entered as of the _____________ start date - ✔✔tenant
✔✔to activate mm/dd/yy date formatting for a tenant's start date, go to the _______
menu. - ✔✔options
✔✔to bring up the calculator window press - ✔✔f8
✔✔the reimbursement method in the mla defaults to the reimbursement method in the
tenant's previous lease. - ✔✔false
because you have to go in and select each option
✔✔by default, tenant improvements are entered as - ✔✔$/SqFt
,✔✔by default, leasing commissions are entered as - ✔✔a percentage
✔✔what will SC corporation pay for reimbursements in 2014? - ✔✔$0
✔✔not on test - ✔✔not on test
✔✔not on test - ✔✔not on test
✔✔option assumes a _________ renewal probability. - ✔✔100%
✔✔screenshot for 30-31
what is the direct capitalized value? - ✔✔$5,771,500
✔✔screenshot for 30-31
assuming a sale date of december 2017, what will be the net proceeds from sale? -
✔✔$5,531,192
✔✔to calculate a "going in" value of the project, enter a cap rate in which window: -
✔✔direct capitalization
✔✔If "calculate resale for all years" is unchecked, the resale report will only display the
resale information for the final year - ✔✔true
✔✔by default, when analyzing a 3 year analysis, the __________ year NOI will be used
for the resale calculation. - ✔✔4th
✔✔if 10% is a desired return, enter 10% in the ____________ window. - ✔✔prospective
present value
✔✔by default, ARGUS uses __________ to determine the direct capitalized value -
✔✔year 1
✔✔screenshot to answer 37-38
what are the commissions in year 4? - ✔✔309,029
✔✔screenshot to answer 37-38
what is the net proceeds from sale at the end of the holding period? - ✔✔$9,995,841
, ✔✔when 100% of market is input for a tenant's base rent within the tenant rent roll,
ARGUS calculates this by taking a blended average within the mla. - ✔✔false
✔✔when creating a step rent category always input the fixed date from which the
increase will occur - ✔✔false
✔✔when inputting a specific lease start date, a checkbox must be activated under the
options drop-down menu from the executive dashboard - ✔✔true
✔✔when selecting "$/SqFt Inc, Annual", ARGUS will apply a dollar per SqFt increase
every year - ✔✔true
✔✔what is the default CPI method applied to tenants within the tenant rent roll? -
✔✔ARGUS does not automatically apply CPI to the tenant lease
✔✔how do you show potential rent for a tenant that has a lease start date after the
analysis? - ✔✔use the relative start date from the analysis start date
✔✔____________ is used in retail properties where tenants are expected to pay a
percentage of the sales to the property owner - ✔✔retail sales/percentage rent
✔✔in the mla, if the renewal amount is left blank ARGUS will use: - ✔✔the new market
rent amount
✔✔tenant groups are useful for all of the following except: - ✔✔auditing the sources and
uses of capital report
useful for:
auditing property level cash flows
individual tenant reporting
excluding certain tenants from general vacancy
✔✔when entering a call date on a loan either a relative or fixed date can be used -
✔✔true
✔✔in the general vacancy window, the method percent of potential gross revenue
includes which of the following? - ✔✔retail sales revenue
misc. revenue
parking revenue
✔✔percent of scheduled base revenue includes all of the following in the calculation
except: - ✔✔reimbursements
