CAM Data Analysis and Interpretation 2

Question 1

A property manager notices that lease renewal rates dropped from 68% to 54% over two quarters. Which metric should they examine first to identify the root cause?

Accepted Answer

Resident satisfaction survey scores by move-out reason

Answer

Average rent per square foot trend

Answer

Gross potential rent calculation

Answer

Capital expenditure budget variance

Question 2

Which KPI best measures the financial impact of unit downtime between tenancies?

Accepted Answer

Economic vacancy loss

Answer

Gross potential rent

Answer

Physical vacancy rate

Answer

Net operating income

Question 3

A 200-unit property collects $180,000 in rent against a gross potential of $210,000. What is the collection loss percentage?

Accepted Answer

14.3%

Answer

10.0%

Answer

16.7%

Answer

85.7%

Question 4

When comparing properties in a portfolio, which normalization technique makes expense data comparable across different-sized assets?

Accepted Answer

Expressing expenses as cost per occupied unit

Answer

Sorting expenses by dollar amount descending

Answer

Totaling all expenses across the portfolio

Answer

Listing expenses alphabetically by category

Question 5

A manager wants to predict next month's maintenance costs. Which data set is most useful for building that forecast?

Accepted Answer

Rolling 12-month maintenance expense history by category

Answer

Current year property tax assessment

Answer

Last year's capital improvement spending

Answer

Competitor property amenity lists

Question 6

The debt service coverage ratio (DSCR) for a property is 1.05. What does this indicate?

Accepted Answer

The property generates 5% more NOI than needed to cover debt payments

Answer

The property is generating a 5% cash-on-cash return

Answer

The cap rate exceeds the interest rate by 5%

Answer

The property owes 5% more debt than its appraised value

Question 7

A scatter plot of rent levels versus occupancy rates across 15 comparable properties shows a negative correlation. What does this imply?

Accepted Answer

Higher rents tend to be associated with lower occupancy at those properties

Answer

Higher rents always cause occupancy to decline regardless of amenities

Answer

The data is too small to draw any conclusions

Answer

Occupancy and rent are unrelated variables