Real estate math problems - Study guides, Class notes & Summaries
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REAL ESTATE MATH PROBLEMS 2024 WITH POSSIBLE SOLUTIONS
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What was the price per front foot for a 100' x 125' lot that sold for $125,000. (the first number is front foot) 
1. $1,250 2. $1,000 3. $556 4. $10 - correct answer 1. $1,250 
125,000÷100 = 1,250 
 
If the bank makes 90% loan on a house valued at $88,500 how much additional cash is required as a down payment if the buyer has already paid $4,500 in earnest money 
1. $3,500 2. $4,000 3. $4,350 4. $8,850 - correct answer 3. $4,350 
P÷T×R 8,850÷88,500×90%-10% = $4,350 
 
What did the selle...
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REAL ESTATE EXAM (MATH PORTION), REAL ESTATE MATH PRACTICE PROBLEMS
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REAL ESTATE EXAM (MATH PORTION), REAL ESTATE MATH PRACTICE PROBLEMS
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Real Estate Exam (Math Portion), Real Estate Math Practice Problems Question and answers already passed 2023/2024
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Real Estate Exam (Math Portion), Real Estate Math Practice Problems Question and answers already passed 2023/2024 
A farmer is willing to pay $1,200 per acre. He is planning to buy the SE 1/4 of the SE 1/4 of the SE 1/4 of section 2. How much will he pay for the land? There are 640 acres in 1 section. 
$12,000 
 
 
If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from the laundry facilities and extra storage is $700, what i...
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REAL ESTATE MATH PROBLEMS
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REAL ESTATE MATH PROBLEMS
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Real Estate Exam (Math Portion), Real Estate Math Practice Problems 2023/2024 updated to pass
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Real Estate Exam (Math Portion), Real Estate Math Practice Problems 
A farmer is willing to pay $1,200 per acre. He is planning to buy the SE 1/4 of the SE 1/4 of the SE 1/4 of section 2. How much will he pay for the land? There are 640 acres in 1 section. 
$12,000 
 
 
If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from the laundry facilities and extra storage is $700, what is the effective gross income? 
$19,700 
 
 
A ...
And that's how you make extra money
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Real Estate Math Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+
- Exam (elaborations) • 9 pages • 2024
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Real Estate Math Problems | 
Questions and Correct Solutions | 
Latest Update 2024/2025 | Graded 
A+ 
What was the price per front foot for a 100' x 125' lot that sold for 
$125,000. (the first number is front foot) 
1. $1,250 2. $1,000 3. $556 4. $10 - Answer -1. $1,250 
125,000÷100 = 1,250 
If the bank makes 90% loan on a house valued at $88,500 how much 
additional cash is required as a down payment if the buyer has already 
paid $4,500 in earnest money 
1. $3,500 2. $4,000 3. $4,350 4. $8...
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Real Estate Math Problems Questions and Answers
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Real Estate Math Problems Questions and Answers
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Real Estate Finance Math Problems Test Review Questions with correct Answers
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rita & henry have been told that the monthly payment of PITI on the home that they have selected to purchase is $1507. if area lender are qualifying at 28%, what gross monthly income must they show to qualify? - ANSWER-PITI $1507/month 
qualifying ratio 28% 
 
$1507 / 28% = $5382.14 
 
$5382.14 
 
if the Wus decide to buy a $250,000 home with an FHA loan, what is the minimum amount of money they would be needed to put down? - ANSWER-Home $250,000 
FHA downpayment rate 3.5% 
 
$250,000 x 3.5% = $...
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Real Estate Math Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+
- Exam (elaborations) • 9 pages • 2024
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Real Estate Math Problems | 
Questions and Correct Solutions | 
Latest Update 2024/2025 | Graded 
A+ 
What was the price per front foot for a 100' x 125' lot that sold for 
$125,000. (the first number is front foot) 
1. $1,250 2. $1,000 3. $556 4. $10 - Answer -1. $1,250 
125,000÷100 = 1,250 
If the bank makes 90% loan on a house valued at $88,500 how much 
additional cash is required as a down payment if the buyer has already 
paid $4,500 in earnest money 
1. $3,500 2. $4,000 3. $4,350 4. $8...
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Real Estate Math Example Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+
- Exam (elaborations) • 9 pages • 2024
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Real Estate Math Example Problems 
| Questions and Correct Solutions | 
Latest Update 2024/2025 | Graded 
A+ 
Fencing comes in 5 foot sections. For a fence that is 120 feet long, how 
many fence posts are needed? - Answer -120/5=24 
24+1= 25 (post for the end) 
How many square feet are in a room 15'6"x 30'9"? (inches-> feet) - 
Answer -6"/12= .5 ft + 15'= 15.5' wide 
9"/12= .75 ft + 30 ft= 30.75' long 
20.75x15.5= 476.625 sq ft 
Carpet costs $63 per square yard, what would it cost to...
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