1 | P ag e
c c c c c c
CCIM 101 - FINANCIAL ANALYSIS 2025 UPDATED
ACTUAL EXAM WITH CORRECT SOLUTIONS.
What care cthe cfour cbasic ccomponents cof cNOI? c- ccorrect canswer-
1 - cPotential crental cincome c(PRI)
2 - cVacancy cand ccredit closses
3 - cOther cincome
4 - cOperating cexpenses
[XXXX] cis cused cto cdetermine ca cproperty's cPRI c(Potential cRental cIncome.) c-
ccorrect canswer- cLease canalysis
PRI cequals cNOI cin cwhat cproperty/tenant cscenario? c- ccorrect canswer-
cIf cthe cproperty chas cone ctenant cwith ca clong-term cabsolute cNNN
clease.
[XXXX] cis cPRI cminus cvacancy cand ccollection closses. c- ccorrect canswer-
cERI c(Effective cRental cIncome)
, 2 | P ag e
c c c c c c
Name csome citems cwhich care cEXCLUDED cfrom cOperating cExpenses. c-
ccorrect canswer- cInterest cand cprincipal con cdebt con cthe cproperty
Depreciation c(cost crecovery)
cCapital cExpenditures cIncome
cTaxes
Reserves cfor cReplacement cTenant
cImprovements
True cor cFalse: cDepreciation cis cincluded cin cOperating cExpenses.
- ccorrect canswer- cFalse
True cof cFalse: cPrincipal cand cinterest con cdebt cfinancing cis cincluded cin
cOperating cExpenses c- ccorrect canswer- cFalse. cThis cis can cexpense cof
cownership, cnot can coperating cexpense.
True cor cFalse: cCapital cExpenditures care cincluded cin cOperating
cExpenses. c- ccorrect canswer- cFalse. cThey care cwritten coff cover ca cperiod
cof cyears.
True cof cFalse: cIncome cTaxes care cincluded cin cOperating cExpenses c-
ccorrect canswer- cFalse
c c c c c c
CCIM 101 - FINANCIAL ANALYSIS 2025 UPDATED
ACTUAL EXAM WITH CORRECT SOLUTIONS.
What care cthe cfour cbasic ccomponents cof cNOI? c- ccorrect canswer-
1 - cPotential crental cincome c(PRI)
2 - cVacancy cand ccredit closses
3 - cOther cincome
4 - cOperating cexpenses
[XXXX] cis cused cto cdetermine ca cproperty's cPRI c(Potential cRental cIncome.) c-
ccorrect canswer- cLease canalysis
PRI cequals cNOI cin cwhat cproperty/tenant cscenario? c- ccorrect canswer-
cIf cthe cproperty chas cone ctenant cwith ca clong-term cabsolute cNNN
clease.
[XXXX] cis cPRI cminus cvacancy cand ccollection closses. c- ccorrect canswer-
cERI c(Effective cRental cIncome)
, 2 | P ag e
c c c c c c
Name csome citems cwhich care cEXCLUDED cfrom cOperating cExpenses. c-
ccorrect canswer- cInterest cand cprincipal con cdebt con cthe cproperty
Depreciation c(cost crecovery)
cCapital cExpenditures cIncome
cTaxes
Reserves cfor cReplacement cTenant
cImprovements
True cor cFalse: cDepreciation cis cincluded cin cOperating cExpenses.
- ccorrect canswer- cFalse
True cof cFalse: cPrincipal cand cinterest con cdebt cfinancing cis cincluded cin
cOperating cExpenses c- ccorrect canswer- cFalse. cThis cis can cexpense cof
cownership, cnot can coperating cexpense.
True cor cFalse: cCapital cExpenditures care cincluded cin cOperating
cExpenses. c- ccorrect canswer- cFalse. cThey care cwritten coff cover ca cperiod
cof cyears.
True cof cFalse: cIncome cTaxes care cincluded cin cOperating cExpenses c-
ccorrect canswer- cFalse
