MPSA & CPM Exam Prep Tutorial ACTUAL UPDATED QUESTIONS AND
CORRECT ANSWERS
A management plan consists of two types of midstream 1. As Is Analysis
analyses: 2. Alternative Analysis
1.
2.
, 3 Parts of the As Is Analysis 1. Property Analysis
1. 2. Financial Analysis
2. 3. Market Analysis
3.
2 Parts of the property analysis portion of the As Is 1. Physical Description
Analysis 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 Executive Summary
long and should restate the key points of each section of
the plan.
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: Supply
Amount of space available in the market
Define: Absorption
Net change in the amount of occupied space from one
period to the next
Define: Break-Even Point
Occupancy rate at which rents are just sufficient to cover
expenses and debt service
CORRECT ANSWERS
A management plan consists of two types of midstream 1. As Is Analysis
analyses: 2. Alternative Analysis
1.
2.
, 3 Parts of the As Is Analysis 1. Property Analysis
1. 2. Financial Analysis
2. 3. Market Analysis
3.
2 Parts of the property analysis portion of the As Is 1. Physical Description
Analysis 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 Executive Summary
long and should restate the key points of each section of
the plan.
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: Supply
Amount of space available in the market
Define: Absorption
Net change in the amount of occupied space from one
period to the next
Define: Break-Even Point
Occupancy rate at which rents are just sufficient to cover
expenses and debt service
