CCIM 101 MODULE 4 | QUESTIONS WITH
CORRECT ANSWERS
Investment value - correct answer -the price an investor is willing to pay for a specific property
(noi) net operating income - correct answer -.potential rental income
. Vacancy and credit lost
. Other income ( laundry, vending machine etc)
. Operating expense
Noi is calculate - correct answer -potential rental income
- vacancy and credit lost
= effective rental income
+ other income (collectible)
= gross rental income
- operating expense
= net operating income
Absolute gross lease - correct answer -the owner pays all of the operating expenses
Hybrid lease - correct answer -who pays which operating expenses is negotiated between the
tenant and owner
Absolute net lease - correct answer -tenant pays all operating expenses
CORRECT ANSWERS
Investment value - correct answer -the price an investor is willing to pay for a specific property
(noi) net operating income - correct answer -.potential rental income
. Vacancy and credit lost
. Other income ( laundry, vending machine etc)
. Operating expense
Noi is calculate - correct answer -potential rental income
- vacancy and credit lost
= effective rental income
+ other income (collectible)
= gross rental income
- operating expense
= net operating income
Absolute gross lease - correct answer -the owner pays all of the operating expenses
Hybrid lease - correct answer -who pays which operating expenses is negotiated between the
tenant and owner
Absolute net lease - correct answer -tenant pays all operating expenses