8/19/25, 5:15 PM Residential Sales Comparison and Income Approach Exam| Complete Exam Questions and CORRECT Answers| (2025 update) As…
Residential Sales Comparison and Income
Approach Exam| Complete Exam Questions and
CORRECT Answers| (2025 update) Assured
success| grade A+
Save
Terms in this set (30)
An office building has an 35%
Effective Gross annual
income of $832,500 and
its total operating
expenses are $290,750.
What is its expense ratio?
What's the value today of $39,371.45
the right to receive a lump
sum of $85,000 in 10 years,
discounted at 8%?
What is the annual sinking $140.61
fund factor amount if you
planned to replace the
roof of your investment
property (at a cost of
$4,500) in 15 years and
you expected the funds to
grow at the rate of 9% per
year?
https://quizlet.com/1066746608/residential-sales-comparison-and-income-approach-exam-complete-exam-questions-and-correct-answers-2025-updat… 1/7
, 8/19/25, 5:15 PM Residential Sales Comparison and Income Approach Exam| Complete Exam Questions and CORRECT Answers| (2025 update) As…
A parcel of vacant land 8.3%
sold for $300,000 and
then one year later sold
for $325,000. What was
the percentage of
appreciation indicated by
this sale and re-sale?
__________analysis is based Quantitative
on numbers, and results in
either dollar or
percentage amounts.
"The actual or anticipated Net operating income
net income that remains
after all operating
expenses are deducted
from effective gross
income but before
mortgage debt service
and book depreciation are
deducted" is the definition
of
The ________________ Approach Sales Comparison
is the most commonly
used approach for
appraising residential
property.
https://quizlet.com/1066746608/residential-sales-comparison-and-income-approach-exam-complete-exam-questions-and-correct-answers-2025-updat… 2/7
Residential Sales Comparison and Income
Approach Exam| Complete Exam Questions and
CORRECT Answers| (2025 update) Assured
success| grade A+
Save
Terms in this set (30)
An office building has an 35%
Effective Gross annual
income of $832,500 and
its total operating
expenses are $290,750.
What is its expense ratio?
What's the value today of $39,371.45
the right to receive a lump
sum of $85,000 in 10 years,
discounted at 8%?
What is the annual sinking $140.61
fund factor amount if you
planned to replace the
roof of your investment
property (at a cost of
$4,500) in 15 years and
you expected the funds to
grow at the rate of 9% per
year?
https://quizlet.com/1066746608/residential-sales-comparison-and-income-approach-exam-complete-exam-questions-and-correct-answers-2025-updat… 1/7
, 8/19/25, 5:15 PM Residential Sales Comparison and Income Approach Exam| Complete Exam Questions and CORRECT Answers| (2025 update) As…
A parcel of vacant land 8.3%
sold for $300,000 and
then one year later sold
for $325,000. What was
the percentage of
appreciation indicated by
this sale and re-sale?
__________analysis is based Quantitative
on numbers, and results in
either dollar or
percentage amounts.
"The actual or anticipated Net operating income
net income that remains
after all operating
expenses are deducted
from effective gross
income but before
mortgage debt service
and book depreciation are
deducted" is the definition
of
The ________________ Approach Sales Comparison
is the most commonly
used approach for
appraising residential
property.
https://quizlet.com/1066746608/residential-sales-comparison-and-income-approach-exam-complete-exam-questions-and-correct-answers-2025-updat… 2/7
