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Mortgage Brokers Course > Chapter 17 - Income/Investment Approach of Appraisal > Flashcards

Chapter 17 - Income/Investment Approach of Appraisal Flashcards

1
Q

gross potential revenue

A

potential rents if 100% occupancy

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2
Q

gross realized revenue

A

money actually received

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3
Q

fixed expenses - regardless of occupancy

A

taxes and insurance

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4
Q

variable expenses

A

management, utilities, maintenance and repairs, cleaning/janitorial, grounds and parking maintenance, wages, garbage removal, decorating, misc.

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Mortgage Brokers Course (22 decks)

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