Iaao 102 Guías de estudio, Notas de estudios & Resúmenes

Rate times Value Income equals The basis for the Income Approach Anticipation Income divided by Value Rate equals Income divided by Rate Value equals One of the three approaches to value in which the appraiser derives a value indication by converting anticipated benefits through ownership of income-producing property. Income approach The economic principle that states that value is created by the expectation of benefits to be derived in the future. Antici...

IAAO 102 Formulas with 100% correct answers.

IAAO 102 EXAM NEWEST VERSION WITH COMPLETE SOLUTIONS

IAAO 102 EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERSAGRADE

Anticipation Value is created by the expectation of benefits to be derived in the future Substitution the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. Market Value means the most probable price which ...

Surplus Produtivity Allows us to capitalize land income into an indication of value Return ON Overall Yield or Discount Return OF Wasting Asset or Recapture Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds Positive Leverage This is achieved when funds are invested in property, which has a higher rate of return than the cost of borrowed funds Negative Leverage This occurs when the cost of the borrowed funds equals the return on the p...

Income & Expense Statement Gross Income/PGI - Vacancy & collection losses + Misc income ______________________ EGI - Allowed expenses ______________________ NOI Recapture Rate 1/REL (remaining economic life) Building & Land Rate Discount + ETR + Recapture = Building (Imp) rate Discount + ETR = Land rate Overall Rate (OAR or Ro) 1. NOI + sale price 2. Mortg % x mortg rate + equity % x equity rate 3. DCR x M x Rm 4. NIR/EGIM 5. land % x land rate + imp % x im...

Anticipation correct answers Value is created by the expectation of benefits to be derived in the future Substitution correct answers the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution correct answers the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. ...

IAAO 102 EXAM 2024 NEWEST 2 VERSIONS FROM ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT) |ALREADY GRADED A+

Anticipation - ANSWER-Value is created by the expectation of benefits to be derived in the future. Leverage - ANSWER-The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds. Chattel mortgage - ANSWER-A mortgage only on persona property Yo - ANSWER-Also known as the discount rate, reflects the return on investment. Safe rate - ANSWER-Base rate on the safest investments such as government insured investments (Yo). Risk rate - ANSWER-An amount ...