slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Real Estate QUIZMASTER PowerPoint Presentation
Download Presentation
Real Estate QUIZMASTER

Loading in 2 Seconds...

play fullscreen
1 / 28

Real Estate QUIZMASTER - PowerPoint PPT Presentation


  • 160 Views
  • Uploaded on

Real Estate QUIZMASTER. Definitions. Analytical. Potpourri. Numerical. Miscellaneous. 100. 100. 100. 100. 100. 200. 200. 200. 200. 200. 300. 300. 300. 300. 300. 400. 400. 400. 400. 400. 500. 500. 500. 500. 500. Real Estate QUIZMASTER. Definitions. Analytical.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Real Estate QUIZMASTER' - emberlynn-aerts


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Real Estate QUIZMASTER

Definitions

Analytical

Potpourri

Numerical

Miscellaneous

100

100

100

100

100

200

200

200

200

200

300

300

300

300

300

400

400

400

400

400

500

500

500

500

500

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide2

Real Estate QUIZMASTER

Definitions

Analytical

Potpourri

Numerical

Miscellaneous

100

100

100

100

100

200

200

200

200

200

300

300

300

300

300

400

400

400

400

400

500

500

500

500

500

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

definitions for 100
Definitions for 100
  • Residual Value is the
  • estimate of the net
  • proceeds from the _____
  • of the property

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

definitions for 200
Definitions for 200
  • The pro-forma is an
  • accounting style
  • projection of the ______
  • statement over time

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

definitions for 300
Definitions for 300
  • ______ is the rent that
  • might be collected on a
  • property if it were 100%
  • occupied.

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

definitions for 400
Definitions for 400
  • This is the sum of all mortgage payments required for the year including principal loan repayment as well as interest payment

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

definitions for 500
Definitions for 500
  • The ____ is that yield which makes the project Net Present Value zero

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

analytical for 100
Analytical for 100
  • This is the single most
  • important estimate for
  • the income approach to
  • value

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

analytical for 200
Analytical for 200
  • This figure remains constant (fixed) over time in a pro-forma statement

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

analytical for 300
Analytical for 300
  • The higher the LTV (loan to value) ratio, the ____ the expectation of return to equity investor

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

analytical for 400
Analytical for 400
  • “______” and “cap rate return” would be identical only if property is 100% Equity

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

analytical for 500
Analytical for 500

This ratio gives an indication on initial (going-in) profitability of a property

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

potpourri for 100
Potpourri for 100
  • Taxable income times the tax rate equals taxes owed if taxable income is ______

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

potpourri for 200
Potpourri for 200
  • The DCR must exceed ___ in order for the property to be able to make the mortgage payments and have something left over

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

potpourri for 300
Potpourri for 300
  • In a stable market rents might be expected to run at approximately the expected rate of _____

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide16

Potpourri for 400

  • After Tax Return on Equity =
  • ?????????
  • Cash Equity

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

potpourri for 500
Potpourri for 500
  • If the property is 100% equity (no debt) then the ______ is equal to the before tax cash flow

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide18

Numerical for 100

The DCR will be 1.25x on an NOI of $10,000 if the _____ is $12,500

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide19

Numerical for 200

For a 15% ROA on a $100,000 property, the NOI needs to be _____

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide20

Numerical for 300

  • The Expense Ratio will be 0.25 if the Total Operating Expenses are $5,000 and the _____ is $20,000

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide21

Numerical for 400

  • If the Breakeven Point is 0.85, then the property could attain ____% vacancy and still break even

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide22

DAILY

DOUBLE

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide23
If the PGI is $20,000 Total Operating Expenses run $8,000 and the Debt Service runs $10,000, the Breakeven Point is ______

Daily Double Numerical for 500

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide24

Miscellaneous for 100

  • The prudent property analyst will consider ‘reserves’ prior to estimation of _____

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide25

Miscellaneous for 200

A F F O

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide26

Miscellaneous for 300

  • C T O E

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide27

Miscellaneous for 400

  • A T C F

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner

slide28

Miscellaneous for 500

  • Investors want as much debt as possible as long as the property can support the debt and the expected _____ on the property exceed the cost of the debt

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner