QUESTION 13 4p When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attempts to maintain the property. All of the following would be considered operating expenses EXCEPT: O Property taxes O Property insurance premiums Mortgage payments Utility expenses QUESTION 14 4 pair When using discounted cash flow analysis for valuation, the appraiser must estimate the sale price at the end of the expected holding period This price (assuming seling expenses have yet to be accounted for is referred to as the property's: O net sale proceeds selling expenses terminal value O current market value QUESTION 15 4 points Click Save and Submit and submit Click Save Allow QUESTION 25 Calculating investment valuations utilizing the sales/market comparable method compares the investment in question to similar properties currently on the market. True False QUESTION 26 Weighted Average Cost of Capital reflects the proportionate "cost of a firms equity and debt assets O liabilities expenses QUESTION 23 Given the following information, calculate the acquisition price of the property. First-year NOI: $57.750, capitalization rate: 8.5%, Equity Investment: 30% O $192500 $203824 O $679412 @ $2264705 QUESTION 24 A dollar today is worth more than a dollar tomorrow due to what? taxes risk O compounding interest O currency conversion QUESTION 21 While a variety of loan terms are available in a lender's mortgage menu the most common loan term on a level-payment mortgage is 7 years 15 years O 30 years 40 years QUESTION 22 Given the following information calculate the overall capitalization rate. Sale price: $950,000, Potential Gross Income: $250,000, Vacancy and Collection Losses: $50,000, and Operating Expenses: $50,000 O 15.8% O 21.1% O 26.3% 36.8%