Argus Enterprise Practice Test 2026 - Free Argus Enterprise Practice Questions and Exam Study Guide

In the context of calculating the percentage of total rental revenue, Utilities Costs are not included because they are typically considered operating expenses rather than rental income. The calculation focuses on the income derived directly from tenants for the use of the property, which primarily encompasses amounts like Scheduled Base Rent, CPI Increases (which adjust rents based on inflation), and Additional Fees related to leasing arrangements, such as late fees or amenity charges. Each of these components directly contributes to the overall revenue generated from the property. In contrast, Utilities Costs represent expenditures necessary to maintain property operations and are deducted from gross income rather than factored into revenue calculations, thereby making them non-revenue components in this context.