Property Valuation
Vermont's 'operating expense ratio' for an income property is:
ANOI divided by operating expenses
BOperating expenses divided by effective gross income✓ Correct
CCap rate divided by NOI
DGross rent divided by expenses
Explanation
Operating Expense Ratio = Total Operating Expenses / Effective Gross Income. It measures what percentage of income is consumed by operating expenses, helping investors evaluate operating efficiency.
Related Vermont Property Valuation Questions
- Vermont's 'plottage' principle means that:
- Vermont's 'leasehold estate' value reflects:
- Vermont's 'market rent' analysis for lease comparables examines:
- External (economic) obsolescence differs from functional obsolescence in that:
- Which appraisal method is typically most appropriate for valuing a Vermont ski resort lodge with no comparable sales?
- A Vermont appraiser notes that a property is in a 'declining market.' How should this affect the appraisal?
- When reconciling the three approaches to value in a Vermont residential appraisal, the appraiser typically gives the MOST weight to:
- In Vermont's rural market, which appraisal approach is typically given the most weight for single-family residential properties?
Practice More Vermont Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Vermont Quiz →