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A comprehensive overview of the argus enterprise software, covering a wide range of features and functionalities. It includes detailed information on property asset types, analysis settings, portfolio application tabs, file extensions, editing modes, revenue and expense calculations, market leasing profiles, resale value calculations, discount rate changes, debt note calculations, rent roll management, percentage rent calculations, vacancy calculations, and various other argus enterprise-related topics. Likely intended to serve as a reference guide or training material for users of the argus enterprise software, providing them with a detailed understanding of the system's capabilities and how to effectively utilize its various tools and features.
Typology: Exams
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(T/F) Once a Property Asset Type is selected it cannot be changed. False (T/F) The Analysis Begin date defaults to the current Month and Year. True Which section in the Navigation Pane allows for users to update a variety of different 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 What is the extension of a property file in ARGUS Enterprise? .avux To take a property out of read-only mode, the button must be selected from the Ribbon. Edit Property What should be selected as the 'How Input' method in order for the revenue or expense to be based on a percentage of other cash flow items in the property? % of other
Common Area Maintenance (CAM) is $100,000 and is 50.0% fixed. Occupancy is 75.0%. A. What dollar amount should be entered in the Amount 1 field? B. What will be the actual expense on the Cash Flow for CAM? A. $100, B. $87, Insurance is $80,000 and is 100% fixed. Occupancy is 85%. A. What dollar amount should be entered in the Amount 1 field? B. What will be the actual expense on the Cash Flow for insurance? A. $80, B. $80, 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 (T/F) The Upon Expiration field within the Market Leasing profile allows us to select any overrides for past terms. False Market rent grows by. Market inflation Rate
The Gross Sale Price is calculated by taking the NOI to capitalize and dividing it by the , when using CAP NOI (12 Months After Sale). Cap Rate (T/F) A user can change the Hold Length for the Property Resale by selecting either Hold Years or a Fixed Date True Calculate the resale value of the building using the following assumptions: Resale Method= Capitalize NOI Cap Rate= 6.5% NOI= $784, Selling Costs= 3.0% Adjusted Gross $11,708, Parameters for the Discount Rate Change Interval on the IRR Matrix report can be changed in the tab? Assumptions Within the Investment tab, the tab is used to calculate debt notes outside of the AE system. Other debt (T/F) ARGUS Enterprise can have different term length for Amortization and the Loan. True (T/F) Enter Other Debt information into the Valuation tab
False (T/F) When you have a one-time increase, or an increase that happens at different increments or times utilize the Fixed Steps Unit column. False 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 Analysis Start Date is January 2016. A tenant's lease start date is March 2016. If we want to show the Lost Absorption/Turnover Rent for this tenant, what would be entered into the Available and Start Date fields? Available January 2016 Start March 2016 (T/F) 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. False Calculate the tenants Percentage Rent with the following information: Natural Breakpoint 4% of Sales $950,000 in sales
Tenant size: 2,450 SF Tenant rent: $13.00/SF/Year [(Sales Vol-BreakpointSales%)] [(950,000)-((2,450SF$13/SF/yr)/4%)]4% [950,000-(31,850/4%)]4% [950,000-796,250]4% 153,7504% 6, What is the General Vacancy for this building? Potential Gross Revenue: $9,600, Absorption and Turnover Vacancy: $230, % of Potential Gross Revenue: 5% [(PGR)+(Absorption&Turnover)](Vacancy Rate)-(Absorption & Turnover) [(9,600,000)+(230,000)](5%)-(230,000) 9,830,000*5%-230, 491,500-230, 261, The % of Total Rental Revenue method is calculated by taking the Scheduled Base Rent + CPI Increases (T/F) The default General Vacancy calculation is annually False (monthly)
Calculate the Utilities expense, using the following assumptions: Property size: 35,000 SF Utilities Expense: $0.15/SF/Year, 35% fixed Occupancy: 80% $4,567. Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70.0%. What value should be entered in the Amount 1 field in the Operating tab? $30, Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70%. What is the operating expense amount that will appear on the Cash Flow report? $26, Assume that a property's CAM expense is $30,000 per year and 60% fixed. The occupancy of the property is 70% and reimbursable expenses are grossed up to 100.0%. What is the operating expense amount that will appear on the Cash Flow report? $26, (T/F) CPI adjustments can be assigned in the CPI increases field in either the Rent Roll or Market Leasing profile.
True What is the default Leasing Commission formula? Base Rent + Fixed Steps + CPI - Free Rent By default, when are Leasing Commissions paid within ARGUS Enterprise? The first month of the lease What is the default Free Rent formula? Base Rent + Fixed Steps + CPI By default, when is Free Rent given within ARGUS Enterprise? The first month(s) of the lease To use intelligent Renewal, we must first turn on this feature by going to the window. Modeling Policies (T/F) Each time a filter is activated, the formula at the bottom of the screen is updated. To remove the filter, click the X to the left of the filter formula. True
is a solution for consolidating and reporting property, tenant, portfolio, and scenario information contained within the ARGUS Data Warehouse. Portfolio Level Reporting allows us to track who has been in the asset and what changes have been made to the asset. Audit Log (T/F) Sensitivity Analysis allows you to create scenarios and make edits to an individual property or all of the properties within your portfolio simultaneously. True Which Portfolio Applications Tab gives you the ability to calculate variance between two different scenarios? Reports