QUESTION 5

In the valuation of a real estate investment the last cash flow consists of two parts: Cash Flow from Operation plus Cash Flow from Sale.

1. True
2. False

QUESTION 6

To discover the future sales price of an income producing piece of real estate an investor must determine the NOI for the year the property is sold and the going out cap rate.

1. True
2. False

QUESTION 7

The fully indexed rate on an ARM is the margin plus the index

1. True
2. False