Argus Certification
___ and ____ are listed for each exit cap price - ANS-net sales fee and net sale proceeds
_____ and _____ are indexed for every getting into cap rate - ANS-buy rate and equity
one hundred% in Improvements/Commissions Timing discipline shows - ANS-the entire
improvements/commissions charge quantity have to arise in month one of the rent
a market leasing profile allows the consumer to - ANS-prepare tenant assumptions to be
carried out to the rollover tenant areas while the current leases attain their expiration
a marketplace leasing profile have to be - ANS-implemented to every tenant
A consumer can exchange the begin date of market leasing profiles to be at some point after
a previous hire expires below __ - ANS-Modeling Practices- General Tab.
This choice most effective modifies leases that terminate inside the center of the month
Acquisition Costs (DCF) - ANS-a person can reduce DCF valuation consequences by means
of acquisition (patron) fees based totally on a percent of gross valuation, internet valuation or
a forex quantity
Active field Tenant Rent Roll - ANS-permits a person to allow or disable a tenant. If "Yes" the
record could be included in calculations, if "No" it'll be excluded
Actuals - ANS-where we are able to import or manually enter actual prices incurred by
means of the property
available date vs start date - ANS-to be had date is the date the distance becomes vacant or
to be had. The begin date is the day the lease commences and a tenant fills the space
Balloon Payment - ANS-A balloon payment mortgage is a mortgage which does not fully
amortize over the term of the word, as a result leaving a stability due at adulthood. The final
charge is referred to as a balloon charge because of its massive size
Base Rent calculation - ANS-(renewal base rent * %renewal opportunity) + (new base hire *
%new hire probability)
Base Rent Increases - ANS-Under Tenants-Rent Roll tab, click on elipsis subsequent to
base hire. On Rental Income tab, click on Add. Then exchange the base apartment profits in
each year
Base 12 months prevent - ANS-tenant will pay net share of all expenses (insurance, taxes
and protection) over a stop amount
Base Year Stop - ANS-The annualized amount in line with rentable square foot that a
landlord pays toward the operating expenses of a building. Amounts exceeding the cost stop
are billed to the tenant. Expense stops are often set following the first 12 months of the hire
(i.E. The "Base Year").
Base yr stop -1 - ANS-use expenses from the previous yr to calculate the forestall, rather
than this years expenses
Base Year Stop Formula - ANS-(Current Yr Exp - Base Yr Exp) X Tenant Net Share
Breakpoint - ANS-the breakpoint is the sales quantity that ought to be performed prior to the
payment of any percent rent. The overage percentage will only be applied to sales that
exceed the breakpoint
Calculating tenant's percent rent - ANS-1. Calculate Natural Breakpoint (baserent/%sales)
2. Sales Amount- herbal breakpoint
3. Multiply through % income to get percentage rent
, Capital Expenses - ANS-expenses that aren't considered part of a belongings's NOI and
appear beneath the earnings line at the cash glide
(ex: structural or capital reserves, constructing upkeep, or enhancements)
Check In/Check Out Property - ANS-use to restriction who can edit them
Classifications - ANS-upload classifications to institution assets that share similar values
Common reimbursable costs - ANS-CAM, Taxes, Insurance, Repairs
Copy Column to End - ANS-to copy the selected year within the varies window to each yr
after. Used with variable revenues/costs
Creating New Portfolio - ANS-any adjustments made to a portfolio may be stored. Once the
initial portfolio has been created, replica that and make modifications to the reproduction
Custom Global View - ANS-can be created and stored to be used from one session to the
next
-lets in users to hide entire input tabs, character columns or bands inside the tabs that aren't
needed
Debt Financing - ANS-used to model a vast range of existing or potential loans. This
statistics is used to calculate debt service payments as well as sure metrics and returns
together with LTV and debt coverage ratios
Debt financing "amortize start" - ANS-allows a user to go into both the wide variety of
months after mortgage begin date or a specific date wherein a loan will start amortizing. If
"0" is entered, the mortgage will pay hobby and principal from the begin
Debt financing "seniority" discipline - ANS-kind a number between 1 and 30 to assign
precedence to a debt. The identical range can be implemented to more than one loans
debt is automatically covered in the ____ segment if debt has been formerly entered -
ANS-Less Debt
Default start to market leasing profiles - ANS-"Round Market Leases to start on the primary
day of the month"
Direct Capitalization - ANS-allows a person to calculate a property price with the aid of
capitalizing the primary 12 months of NOI
Discard Changes - ANS-discards any modifications you've got made since the closing save
Discount Rate (APR) - ANS-used whilst calculating the discounted price of the operational
cash flows and the reversion or assets resale
Expense quantity on cash waft - ANS-(Expense Amt x % Fixed) + (Expense Amt x %
Variable x % Occupied)
Expense Amount on Cash Flow Formula - ANS-(price quantity X %constant) + (fee quantity
X %variable X %occupied)
Expense Groups - ANS-used to create groups or combos of character recoverable operating
fees
Expense Groups- Percentage Recoverable - ANS-allows a consumer to use a one of a kind
recoverable percentage to an expense than what became in the beginning entered on the
cost tab. Changing the share recoverable for a set does now not trade the entry at the fees
screen
Expenses tab - ANS-wherein all reimbursable and non-reimbursable running charges are
entered
Fixed Step - ANS-fixed steps are will increase in initial hire over the term of a rent that may
be a currency amount, forex amt according to square unit, or percentage increase
Free rent blanketed - ANS-base rent, step lease and CPI hire
General Vacancy - ANS-used to enter the stabilized emptiness charge for the belongings. It
represents the minimum vacant loss for the belongings on a month-to-month or annual basis
___ and ____ are listed for each exit cap price - ANS-net sales fee and net sale proceeds
_____ and _____ are indexed for every getting into cap rate - ANS-buy rate and equity
one hundred% in Improvements/Commissions Timing discipline shows - ANS-the entire
improvements/commissions charge quantity have to arise in month one of the rent
a market leasing profile allows the consumer to - ANS-prepare tenant assumptions to be
carried out to the rollover tenant areas while the current leases attain their expiration
a marketplace leasing profile have to be - ANS-implemented to every tenant
A consumer can exchange the begin date of market leasing profiles to be at some point after
a previous hire expires below __ - ANS-Modeling Practices- General Tab.
This choice most effective modifies leases that terminate inside the center of the month
Acquisition Costs (DCF) - ANS-a person can reduce DCF valuation consequences by means
of acquisition (patron) fees based totally on a percent of gross valuation, internet valuation or
a forex quantity
Active field Tenant Rent Roll - ANS-permits a person to allow or disable a tenant. If "Yes" the
record could be included in calculations, if "No" it'll be excluded
Actuals - ANS-where we are able to import or manually enter actual prices incurred by
means of the property
available date vs start date - ANS-to be had date is the date the distance becomes vacant or
to be had. The begin date is the day the lease commences and a tenant fills the space
Balloon Payment - ANS-A balloon payment mortgage is a mortgage which does not fully
amortize over the term of the word, as a result leaving a stability due at adulthood. The final
charge is referred to as a balloon charge because of its massive size
Base Rent calculation - ANS-(renewal base rent * %renewal opportunity) + (new base hire *
%new hire probability)
Base Rent Increases - ANS-Under Tenants-Rent Roll tab, click on elipsis subsequent to
base hire. On Rental Income tab, click on Add. Then exchange the base apartment profits in
each year
Base 12 months prevent - ANS-tenant will pay net share of all expenses (insurance, taxes
and protection) over a stop amount
Base Year Stop - ANS-The annualized amount in line with rentable square foot that a
landlord pays toward the operating expenses of a building. Amounts exceeding the cost stop
are billed to the tenant. Expense stops are often set following the first 12 months of the hire
(i.E. The "Base Year").
Base yr stop -1 - ANS-use expenses from the previous yr to calculate the forestall, rather
than this years expenses
Base Year Stop Formula - ANS-(Current Yr Exp - Base Yr Exp) X Tenant Net Share
Breakpoint - ANS-the breakpoint is the sales quantity that ought to be performed prior to the
payment of any percent rent. The overage percentage will only be applied to sales that
exceed the breakpoint
Calculating tenant's percent rent - ANS-1. Calculate Natural Breakpoint (baserent/%sales)
2. Sales Amount- herbal breakpoint
3. Multiply through % income to get percentage rent
, Capital Expenses - ANS-expenses that aren't considered part of a belongings's NOI and
appear beneath the earnings line at the cash glide
(ex: structural or capital reserves, constructing upkeep, or enhancements)
Check In/Check Out Property - ANS-use to restriction who can edit them
Classifications - ANS-upload classifications to institution assets that share similar values
Common reimbursable costs - ANS-CAM, Taxes, Insurance, Repairs
Copy Column to End - ANS-to copy the selected year within the varies window to each yr
after. Used with variable revenues/costs
Creating New Portfolio - ANS-any adjustments made to a portfolio may be stored. Once the
initial portfolio has been created, replica that and make modifications to the reproduction
Custom Global View - ANS-can be created and stored to be used from one session to the
next
-lets in users to hide entire input tabs, character columns or bands inside the tabs that aren't
needed
Debt Financing - ANS-used to model a vast range of existing or potential loans. This
statistics is used to calculate debt service payments as well as sure metrics and returns
together with LTV and debt coverage ratios
Debt financing "amortize start" - ANS-allows a user to go into both the wide variety of
months after mortgage begin date or a specific date wherein a loan will start amortizing. If
"0" is entered, the mortgage will pay hobby and principal from the begin
Debt financing "seniority" discipline - ANS-kind a number between 1 and 30 to assign
precedence to a debt. The identical range can be implemented to more than one loans
debt is automatically covered in the ____ segment if debt has been formerly entered -
ANS-Less Debt
Default start to market leasing profiles - ANS-"Round Market Leases to start on the primary
day of the month"
Direct Capitalization - ANS-allows a person to calculate a property price with the aid of
capitalizing the primary 12 months of NOI
Discard Changes - ANS-discards any modifications you've got made since the closing save
Discount Rate (APR) - ANS-used whilst calculating the discounted price of the operational
cash flows and the reversion or assets resale
Expense quantity on cash waft - ANS-(Expense Amt x % Fixed) + (Expense Amt x %
Variable x % Occupied)
Expense Amount on Cash Flow Formula - ANS-(price quantity X %constant) + (fee quantity
X %variable X %occupied)
Expense Groups - ANS-used to create groups or combos of character recoverable operating
fees
Expense Groups- Percentage Recoverable - ANS-allows a consumer to use a one of a kind
recoverable percentage to an expense than what became in the beginning entered on the
cost tab. Changing the share recoverable for a set does now not trade the entry at the fees
screen
Expenses tab - ANS-wherein all reimbursable and non-reimbursable running charges are
entered
Fixed Step - ANS-fixed steps are will increase in initial hire over the term of a rent that may
be a currency amount, forex amt according to square unit, or percentage increase
Free rent blanketed - ANS-base rent, step lease and CPI hire
General Vacancy - ANS-used to enter the stabilized emptiness charge for the belongings. It
represents the minimum vacant loss for the belongings on a month-to-month or annual basis
