—
35 calculation problems with formula hints and step-by-step worked solutions.
Commission = Price × Rate
Seller Net Price = Desired Net ÷ (1 − Rate)
LTV = Loan ÷ Appraised Value
Loan = Price × (1 − Down%)
Points Cost = Loan × (Points ÷ 100)
Annual Interest = Balance × Rate
Monthly Interest = Annual ÷ 12
Loan = Annual Interest ÷ Rate
1 Point = 0.125% yield
Eff. Yield = Rate + (Points × 0.125%)
Cash Outflow = Loan − Points Cost
Tax = Assessed Value × Rate
1 Mill = $0.001 per $1 AV
AV = Market Value × Assessment Ratio
Value = NOI ÷ Cap Rate
NOI = Value × Cap Rate
Cap Rate = NOI ÷ Value
Eff. Gross = Gross − Vacancy
NOI = Eff. Gross − Expenses
Exp = Gross × OER%
GRM = Value ÷ Gross Annual Rent
Value = GRM × Gross Annual Rent
Now = Then × (100% ± %)
Then = Now ÷ (100% ± %)
Daily = Annual ÷ 365 (or 360)
Share = Daily × Days Owned
Rect: A = L × W
Triangle: A = ½ × B × H
1 Acre = 43,560 sq ft
1 Section = 640 acres
Max PITI = Income × Front-End%
Max Debt = Income × Back-End%