Real Estate Math Podcast

A buyer obtains a loan for $200,000 at 6% annual interest. What is the monthly interest payment for the first month?

An investment property has a net operating income of $36,000 and a cap rate of 8%. What is the property value?

A broker earns 5% commission on a $600,000 sale. If the listing broker gets 60%, how much do they receive?

A property in Arizona sells for $400,000. If the agent earns 3% on the first $100,000 and 2.5% on the remainder, what is the total commission?

A property sells for $800,000 in NYC. The transfer tax (state + city) is approximately:

A property sells for $300,000. The commission rate is 6%, split equally between listing and selling brokers. What does each broker receive?

A lot measures 150 feet by 200 feet. How many acres is this?

A property is assessed at $250,000. The tax rate is $2.50 per $100. What is the annual tax?

A property has an NOI of $50,000 and a cap rate of 5%. What is the value?

Property taxes on a Texas home are $6,000 per year. The sale closes on April 1. How much does the seller owe for prorated taxes?

A property sells for $325,000. If the commission is 6%, split equally between listing and selling brokers, what does each broker receive?

Annual property taxes are $4,380. The property closes on March 15. If the seller has NOT paid taxes for the current year, how much does the seller owe at closing? (Use 365 days)