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1/2 Unit 21: Investment & Commercial Properties

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

Which of the following is not a major consideration by real estate investors when evaluating a property?

a)

Risk

b)

Liquidity

c)

Comps

d)

Leverage

2.

Vandalism would be considered which kind of risk?

a)

Dynamic risk

b)

Capital risk

c)

Financial risk

d)

Static risk

3.

You’re an investor considering purchasing a property. The prospectus and pro forma statements helped you determine the NOI of $100,000. You require a return rate of 10%. What purchase price would you be willing to pay for the property?

a)

10,000,000

b)

1,000,000

c)

100,000

d)

10,000

4.

You’re an investor considering purchasing a property. The seller is asking for $2,000,000 and you require a 10% return rate on your investments. Before performing your financial analysis, what NOI would you require the property to have to consider purchasing it?

a)

2,000,000

b)

200,000

c)

20,000,000

d)

20,000

5.

Which of the following formulas is INCORRECT?

a)

Income = Rate x Value

b)

Rate = Income/Value

c)

Value = Income x Rate

d)

Value = Income/Rate

6.

The formula for net operating income is...

a)

= Potential gross income - Vacancy and Collections loss

b)

= Effective gross income - Operating expenses

c)

= Before-tax cash flow - Income tax

d)

= Taxable Income x Marginal rate

7.

Which of the following is a type of lease where the lessee pays the lessor a minimum base rent plus a portion of the merchant’s sales over a natural break even or natural break?

a)

Net Lease

b)

Gross Lease

c)

Percentage Lease

d)

Loft Lease

8.

In which of the following leases does the tenant have to pay some or all of property taxes and operational costs. Choose the best answer.

a)

Gross lease

b)

Net lease

c)

Percentage lease

d)

Loft lease

9.

Which of the following is the difference between the rentable area and the actual usable interior space measurement?

a)

Rentable Area

b)

Usable Area

c)

Loss Factor

d)

Add-on Factors

10.

Which of the following is the most useful area measurement for tenants?

a)

Rentable Area

b)

Usable Area

c)

Common Area

d)

Carpetable Area