ARGUS Developer Operated Assets Editor

Operated Assets Editor

Create a schedule of base assumptions for the assets using the Operated Assets Editor. This section is
extremely flexible and can be used in a variety of ways. Typically, assumptions such as number of units,
rental rates, occupancy, and square footages would be entered in this section.

The types of variables required to calculate the base income and operating revenues and expenses for a
business operation should be entered in the Occupancy and Rates tab. The Operated Asset Profile requires
a variable type entry as a page in a notebook. Variable types are as follows:

This is used to specify the monthly occupancy of the operated unit as a

Occupancy Rates
percentage.

Available Units This is used to specify the number of units available per month.

The daily rate charged for occupancy of the unit. To calculate the monthly
charge, ARGUS Developer multiplies the daily rate by the number of days
Average Daily Rates
in each month. From month to month, the number of day’s changes and
this is reflected in the calculation.

The weekly rate charged for occupancy of the unit. To calculate the
monthly charge, ARGUS Developer multiplies the weekly rate by the
Average Weekly Rates number of weeks in the month. This is done by dividing the number of days
in each month by 7. From month to month, the number of day’s changes
and this is reflected in the calculation.

Monthly Rates The monthly rate charged for occupancy of the unit.

Used where calculations are based on the number of times per day an
Daily Activities activity takes place. To calculate the monthly charge, ARGUS Developer
multiplies the daily activities by the number of days in the month.

Used where calculations are based on the number of times per week an
activity takes place. To calculate the monthly charge, ARGUS Developer
Weekly Activities
multiplies the weekly activities by the number of days in the month divided
by 7.

Used where calculations are based on the number of times per month an
Monthly Activities
activity takes place.

Used where calculations are based on the length of the occupied unit. For
Measurement – Linear example, in a marina charges may be made based on the length of the dock
in which a boat is kept.

Measurement – Square Used where calculations are based on the area of a unit.

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