Data Analysis and Interpretation Flashcards
7 cards from real CAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Data Analysis and Interpretation flashcards as text
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?
Answer: Resident satisfaction survey scores by move-out reason
Move-out reason data from satisfaction surveys directly identifies why residents chose not to renew, making it the most actionable starting point.
Which KPI best measures the financial impact of unit downtime between tenancies?
Answer: Economic vacancy loss
Economic vacancy loss captures the actual dollar amount lost due to vacant units, combining both physical vacancy and concessions.
A 200-unit property collects $180,000 in rent against a gross potential of $210,000. What is the collection loss percentage?
Answer: 14.3%
Collection loss = ($210,000 − $180,000) / $210,000 = $30,000 / $210,000 ≈ 14.3%.
When comparing properties in a portfolio, which normalization technique makes expense data comparable across different-sized assets?
Answer: Expressing expenses as cost per occupied unit
Cost per occupied unit removes the size distortion and allows fair benchmarking between a 50-unit and a 300-unit property.
A manager wants to predict next month's maintenance costs. Which data set is most useful for building that forecast?
Answer: Rolling 12-month maintenance expense history by category
A rolling 12-month maintenance history captures seasonal patterns and trends that produce the most accurate short-term forecast.
The debt service coverage ratio (DSCR) for a property is 1.05. What does this indicate?
Answer: The property generates 5% more NOI than needed to cover debt payments
A DSCR of 1.05 means NOI is 105% of annual debt service, leaving only a slim 5% cushion above required loan payments.
A scatter plot of rent levels versus occupancy rates across 15 comparable properties shows a negative correlation. What does this imply?
Answer: Higher rents tend to be associated with lower occupancy at those properties
A negative correlation means that as rent increases across comparable properties, occupancy tends to decrease, suggesting a price-sensitivity relationship.