math

If an apartment house cost $420,000, and it has a net income of $2800 per month, what percent would the apartment house return on the investment?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. 8%

2800 a month
times
12months
=
33600 a year
divided
420000 cost of the building
=
0.08 or 8% return on the investment

 
Posted by David Saks - Broker on 01/11/2009 05:43 AM   Comments (0)   Real Estate Math in the ActiveRain Channel   real estate math  
Originally posted at: David Saks: Real Estate Math Class : Lesson 197
This post has been included in Tennessee Information
Post is included in group: Mathematics
Post is included in group: Education

0 Comments on Real Estate Math Class : Lesson 197

Comments have been disabled by the author
 
640 Rainmaker_large

David Saks - Broker

Memphis, TN

More about me…

The Real Estate Mart of Tennessee, Inc.

Address: 4040 North Watkins, Suite #4, Memphis, TN, 38127

Office Phone: (901) 357-4663

Cell Phone: (901) 278-8008

Email Me

"Owning a home should never have to be "just a dream" for anyone. The responsibility of every real estate agent is to make home ownership a right & reality, in conformance with fairness, the principles of sound ethical judgement, justice & the laws of our nation".
David Saks - Broker
The Real Estate Mart of Tennessee


Free META Tag Analyzer


Photos © & licensed by Nova Development

Check with an attorney or your state real estate board if questions & answers in the education section conflict with your region.



Links

Archives

RSS 2.0 Feed for this blog

Find TN real estate agents and Memphis real estate on ActiveRain.