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1 . Is a can of soda that is in the kitchen of a house considered personal property or real propertya. Personal Propertyb. Real Property

1. Is a can of soda that is in the kitchen of a house considered personal property or real propertya. Personal Propertyb. Real Property2. If someone had the legal right to access your backyard to pick apples, it is not consideredtrespassing as long as there is an easement that permits them to do soa. Trueb. False3. When calculating the present value, you divide by (1+ Interest Rate)^na. Trueb. False4. The formula for a cap rate is: NOI / Purchase Pricea. Trueb. False5. The formula for Debt Service Coverage is: NOI / Debt Servicea. Trueb. False6. Debt Yield is calculated by taking the NOI and multiplying it by the cap ratea. Trueb. False7. Loan to value is calculated as the loan amount / property valuea. Trueb. False8. A discounted cash flow analysis as part of the Income Approach (also referred to as the IncomeCapitalization Approach) takes the present value of the future cash flowsa. Trueb. False9. A High Loan to Value typically translates to less riska. Trueb. False10. Interest Rates are always higher than cap ratesa. Trueb. False

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