ARGUS; Definition of terms with elaborated Answers 2023/2024ARGUS; Definition of terms with elaborated Answers 2023/2024

ARGUS; Definition of terms with elaborated Answers 2023/2024 What is included in the Revenues Tab? (3) - Answers Miscellaneous Parking Storage Amount 1 - Answers the entry in the Amount 1 field will be interpreted as a currency amount Amount 1 X Amount 2 - Answers The entry in the Amount 1 field will be multiplied by the entry in the Amount 2 field Currency Amount / Rentable Area - Answers The entry in the Amount 1 field will be interpreted as a currency amount per rentable area Currency Amount / Occupied Area - Answers The entry in the Amount 1 field will be interpreted as a currency amount per occupied area Currency Amount / Vacant Area - Answers The entry in the Amount 1 field will be interpreted as a currency amount per vacant area % of Effective Gross Revenue - Answers The entry in the Amount 1 field will be interpreted as a percentage of effective gross revenue % of other - Answers The entry in the Amount 1 field will be interpreted as a percentage of another revenue or expense. This allows you to link the calculation of expenses to other amounts in the projection. This is useful for management fees and other administrative costs that are calculated as a percentage of specific revenues or expenses associated with the operations of the property. The percentages can be applied on an expense group to have an effect on each expense % of other X amount 2 - Answers A percentage can be specified of another revenue or expense in the Amount 1 field, and multiplied by the entry in the Amount 2 field % of rental income - Answers the entry in Amount 1 field will be interpreted as a percentage of rental revenue. Rental revenue is potential base rent, including step rent, with the deductions for absorption and turnover vacancy and free rent. CPI Increases are then added to result in total revenue % of total tenant revenue - Answers the entry in the Amount 1 field will be interpreted as a percentage of total tenant revenue. Total tenant revenue is lease-related income outside of the concept of "base rent." Examples include percentage rent, parking rent (tied to leases), and expense recoveries. % of Market Rent - Answers The entry in the Amount 1 field will be interpreted as a percentage of the applied tenants' market rent over time sub-lines - Answers you can specify that the expense will be comprised of any number of additional expenses. When you choose this option, enter the additional expenses on the lines below. Sub-line expense lines will be indented under the primary expense Property Purchase - Answers is optional information used to calculate cash-on-cash metrics and returns such as IRR Debt Financing - Answers is used to model an unlimited number of existing or prospective loans. this information is used to calculate debt service payments as well as certain metrics and returns, such as LTV & debt coverage ratios