CCIM 101 - Financial Analysis Exam (2026) UPDATE Verified Questions And
Answers | With 100% Correct Answers graded A+ Guaranteed Success!!
What are the four basic components of NOI? - (answer)1 - Potential rental income (PRI)
2 - Vacancy and credit losses
3 - Other income
4 - Operating expenses
[XXXX] is used to determine a property's PRI (Potential Rental Income.) - (answer)Lease analysis
PRI equals NOI in what property/tenant scenario? - (answer)If the property has one tenant with a long-
term absolute NNN lease.
[XXXX] is PRI minus vacancy and collection losses. - (answer)ERI (Effective Rental Income)
Name some items which are EXCLUDED from Operating Expenses. - (answer)Interest and principal on
debt on the property
Depreciation (cost recovery)
Capital Expenditures
Income Taxes
Reserves for Replacement
Tenant Improvements
True or False: Depreciation is included in Operating Expenses. - (answer)False
True of False: Principal and interest on debt financing is included in Operating Expenses - (answer)False.
This is an expense of ownership, not an operating expense.
True or False: Capital Expenditures are included in Operating Expenses. - (answer)False. They are written
off over a period of years.
Answers | With 100% Correct Answers graded A+ Guaranteed Success!!
What are the four basic components of NOI? - (answer)1 - Potential rental income (PRI)
2 - Vacancy and credit losses
3 - Other income
4 - Operating expenses
[XXXX] is used to determine a property's PRI (Potential Rental Income.) - (answer)Lease analysis
PRI equals NOI in what property/tenant scenario? - (answer)If the property has one tenant with a long-
term absolute NNN lease.
[XXXX] is PRI minus vacancy and collection losses. - (answer)ERI (Effective Rental Income)
Name some items which are EXCLUDED from Operating Expenses. - (answer)Interest and principal on
debt on the property
Depreciation (cost recovery)
Capital Expenditures
Income Taxes
Reserves for Replacement
Tenant Improvements
True or False: Depreciation is included in Operating Expenses. - (answer)False
True of False: Principal and interest on debt financing is included in Operating Expenses - (answer)False.
This is an expense of ownership, not an operating expense.
True or False: Capital Expenditures are included in Operating Expenses. - (answer)False. They are written
off over a period of years.
