Argus - End of Chapter 7

What will Tenant A pay in reimbursements in 2018 if the reimbursement method is Net and all Operating Expenses are included in the recovery?

2018 Total Operating Expenses x (Tenant Size/Property Size) 482,710 x (20,000/25,000) $386,168

Assume that a property's CAM expense is $30,000 per year and is 60% fixed. The occupancy of the property is 70%. What value should be entered in the Amount 1 field in the Operating tab?

30,000

What will Tenant A pay in reimbursements in 2017 if they have a 2016 Base Year Stop and all Operating Expenses are included except the Real Estate taxes?

[(2017 Total Operating Expenses - Real Estate Taxes) - (2016 Total Operating Expenses - Real Estate Taxes)] x (Tenant Size / Property Size) [(466,109 - 82,400) - (404,703 - 85,000)] x (20,000/25,000) $47,204.80

Assume that a property's CAM expense is $30,000 and is 60% fixed. The occupancy of the property is 70% and reimbursable expenses are grossed up to 100%. What is the operating expense amount that will appear in the Cash Flow report?

[(Expense x Fixed %) + (Expense x Variable % x Occupancy %)] [(30,000 x 60 %) + (30,000 x 40 % x 70 %)] $26,400

Assume that a property's CAM expense is $30,000 and is 60% fixed. The occupancy of the property is 70%. What is the operating expense amount that will appear on the Cash Flow report?

[(Expense x Fixed %) + (Expense x Variable % x Occupancy %)] [(30,000 x 60 %) + (30,000 x 40 % x 70 %)] $26,400

Calculate the Utilities Expense, using the following assumptions: - Property Size = 35,000 - Utilities Expense = $0.15/SF/Year, 35% fixed - Occupancy = 80%

[(Expense x Fixed %) + (Expense x Variable % x Occupancy %)] [(35,000 x 0.15 x 35 %) + (35,000 x 0.15 x 65 % x 80 %)] $4,567.50