Latest 2023 ARGUS Exam With Complete Solutions
___ saves the updates to the property asset model to the database. if a calculation has been performed,
... [Show More] it also saves the latest calculation results
save property
what should be selected as the 'how input' method for the revenue or expense to be based on a percentage of other cash flow items in the property?
% of other
Once a property asset type is selected it cannot be changed. T or F? - F
which section in the navigation pane allows users to update a variety of diff settings ranging from managing users to data import validation rules to report settings?
control panel
Which of the Portfolio Application Tabs is best described by the following statement? This application allows users to create and view analytical charts and graphs based on a combination of properties from the portfolio.
analysis
Common Area Maintenance (CAM) is $100,000 and is 50% fixed. Occupancy is 75%.
1. What dollar amount should be entered in the Amount1 Field?
2. What will be the actual expense on the cash flow for CAM? 1. $100,000
2. (100,000 x .5 fixed) + (100,000 x .5 variable x .75 occupancy) = $87,500
Insurance is $80,000 and is 100% fixed. Occupancy is 85%.
1. What dollar amount should be entered in the Amount1 Field?
2. What will be the actual expense on the cash flow for insurance?
$80,000
2. (80,000 x 1 fixed) + (80,000 x 0 variable x .85 occupancy) $80,000
To replicate a value in a specific month of each year during the project for a specific expense you must click which button in the Amount 1 Varies window?
copy column to end
When calculating a market leasing profile with the upon expiration set to renewal, enterprise
assumes a 100% renewal
the upon expiration field within the market leasing profile allows us to select any overrides for past terms. T or F?
F
mkt rent = $15/sf/year in 2020. what is the mkt rent in 2023?
Dec 2021 mkt inflation rate = 5%
Dec 2022 mkt inflation rate = 5%
Dec 2022 mkt inflation rate = 3%
15(1.05)^2 x (1.03) = $17.03
When you have a one-time increase, or an increase tht happens at diff increments or times, utilize the fixed steps unit column. t or f?
f
when entering an available date prior to the start date within the rent roll, argus enterprise will assume:
the space is available, but vacant until the start date
the lost absorption/turnover rent being reported for the months prior to a lease start will appear on the individual tenant cash flow/lpv report. t or f?
f
percentage rent?
breakpoint?
percentage rent = sales volume or amount - breakpoint x sales %
breakpoint = tenant's size x tenant's rent / sales %
= sq ft x psf / sales %
the % of total revenue method is calculated by taking the scheduled base rent + ___
CPI increases
(consumer price index)
the general vacancy calculation frequency can be monthly or annually. t or f?
t
general vacancy = ?
[Potential gross revenue + (absorption & turnover)] x vacancy rate - (absorption & turnover)
base year stop calculation = ?
(to find tenant reimbursements for operating expenses)
(year x - year 1) x tenant's net share
net lease calculation = ?
(to find tenant reimbursement for operating expenses)
operating expenses x tenant's net share
free rent, tenant improvement, and leasing commission categories can be created in the market parent tab and applied in the rent roll or the market leasing levels. t or f?
t [Show Less]