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Real Estate Math


Real Estate, a numbers game - 03/11/2009 07:57 PM
Numbers can be a funny thing sometimes. It can often be one of those "it depends" situations. It…
What Now Brown Cow? - 02/17/2009 05:38 AM
By now, all the hoopla, pom-pom waving or the gnashing of teeth has taken its toll on ActiveRain…
This week's New York Magazine has a post about smaller apartments in New York holding their value…
A farm earns $36, 000 net after allowing for all expenses. The buyer wants a 6% return on the…
A salesman's half of a 5% commission for the sale of a 320 acre ranch at a cost of $1750 an acre…
What is the cost of a lot 264 feet wide by 660 feet deep at a cost of 80000 dolars an acre..
If an apartment house cost $420, 000, and it has a net income of $2800 per month, what percent…
A forty acre orchard sold for $22, 000 an acre. The profit the seller made over the cost of the…
I leased a storeroom to a business owner on a percentage basis. The lease calls for a monimun…
A real estate transaction closes on September 12, 2009. The taxes for 2009 are $8752. 40 and they…
If a buyer purchased an apartment building for $400, 000 and the total amount of the rents…
What would be the annual rate of interest on a $42, 000 loan if the quarterly interest payments…
An owner owns a building that gives him a gross income of $3, 250 per month. His average monthly…
A lot 65 feet wide and 150 feet deep sold for $76, 700. What was the price of the lot per…
The commission rate has been established for selling an apartment house and was set at five…
A broker sold a lot 125 feet wide by 160 feet deep for $1. 70 per square foot. The buyer paved…
An apartment building has a gross income of $11, 340 per month and annual expenses of $25, 000…
What would be the depth of a rectangular lot containing 1080 square yards with a frontage of 90…
A seller wants to trade his residence at a price of $157, 500 subject to a mortgage with a…
The selling price of a home was $930, 000. The broker agreed to a commission of 5%. Other charges…
If the interest rate is 4. 5% and the monthly interest payment is $212. 50, what is the principal…
A man bought two 60 foot lots for thirty thousand dollars each and decided to divide them into…
What is the interest on $80, 000 at 4. 5 % per annum for nine months and fifteen days using a…
If a home is assessed at 80% of it's value and it's value is $800, 000, and the combined tax rate…
A lot measuring 100 feet by 108. 9 feet would be would be equivalent to what portion of an acre…
A commercial lot is assesed at 60 thousand dollars. The tax rate has been established to…
A broker has 1. 87 acres of land listed with himlisted with him for sale at 22. 50 per square foot…
What are the two most important factors to be considered when determining the tax rate This…
A business property valued at $1, 000, 000 should return a monthly income of what amount if the…
A commercial lot is rectangular and has a frontage of 760 feet and a depth of 500 feet. How many…
What would a property be worth if the net return is $9500 per month and the yearly earning is 8%…
In a twelve unit apartment building, three units rented for $1000 per month each, two of the…
What is the area of a square-acre lot in terms of feet on each side Take your time. the…
How many section comprise a township Please take your time. The solution is posted below the…
How many acres are there in a township section Please take your time. The solution is poste…
A buyer purchased a commercial lot 75 feet wide by 165 feet deep and later sold it for $1, 935. 00…
Armando Corea bought a square lot which was 10 thousand square feet. He's going to build a…
What would the quarterly interest be on a $600, 000 loan which has an annual interest rate of 5. 5…
Compute the excavation cost for a cellar 25 feet wide 30 feet long and 5 feet deep at a cost…
A borrower has a principal balance on his mortgage of $600 thousand dollars. His interest rate…
The net amount a seller received for his property, after the broker had deducted a sales…
How many acres are there in a parcel of land 600 feet by 300 feet Please take your time. The…
If sixteen acres of commercial land sell for $720, 000, how much will 200 acres cost Take…
If you bought a house for the listing price less 20% and sold it for the listing price, what…
A piece of land 500 feet by 350 feet had a sidewalk laid around it by the owner. The sidewalk…
A builder / developer has 5. 25 acres of land. He wants to divide the land into lots 60 feet…
Arnold got his tax bill today and it was $4903. 00. The tax rate is 42 mills per dollar. The…
A landowner has 160 acres of land. He sold 42. 25 acres of the land to one man. He also sold…
A seller has a tract of land which encompasses 108, 900 square feet of land. The selling price…
An investor bought a block of lots to build on with each lot containing a 75 foot frontage…
A home sold for $750, 000 with a profit of 20% at closing. How much did the home cost…
The mortgage company decided to lend the owner of a property an amount of money equal to 66. 6666…
How much interest would there be on an $87, 400 loan for two years, eight month and 15 days at…
Donna purchased a home seven years ago for $650, 000. She signed a listing agreement recently…
Mrs. Berschmeir owns an apartment building in Memphis, which is rented weekly, with 27 rooms…
A $465, 000 investment reports annual earnings of 6. 5%. Would would the monthly return be on…
The property taxes on the house were $1260. The taxes were due on January 1st and paid by the…
A loan was granted in the amount of $135, 000. The annual rate of interest n the loan was 5. 5%…
If the township of Fisherville has a tax rate of 16 mills, the school tax is 22. 5 mills, and the…
What is the total income for a shoe store for the month of March if it nets $425 a day,…
What would a business be worth if it demonstrates a profit of $2, 750 a month and the total…
A property is assessed at $58, 000. The school rate is $15. 55 per 1000 dollars of assessed…
A $100, 000 home was insured against fire for 80% of it's value. The insurance rate was $6. 00…
David bought a lot for $100, 000 and sold it three years later for $130, 000. His tax liability…
A lot with a 55 foot front and 100 feet of depth was sold for $350 per front foot. If the…
After the owner makes the deductions for expenses of the operation of the businesshe has a net…
What would be the annual interes t rate on an $800, 000 loan if the interest payments are $8000…
At settlement on June 15, 2005 a purchaser assumes the existing mortgage 0f $450, 000 which has…
What is the gross yearly income of a property that has six apartments, two apartments paying a…
A new home and lot cost $140, 000. Of this total price, the estimated value of the lot was $20…
What this investment is : Purchase of a residential property to be rented out to tenants, usually…
determining a good sewer line - 11/25/2008 05:31 PM
A LOT of agents don't advise their clients to get sewer scopes when they purchase a property. This…
rent economics - 11/25/2008 05:30 PM
A lot of clients ask me how to figure out what market rents are in a neighborhood. This is a…
North Aurora Roofs - 11/25/2008 05:30 PM
Have you ever driven through Aurora North looking for a rental property and taken a close look at…
You walk into a property you're looking to buy and rent and you walk down into the basement and…
 
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