Real Estate Math
An investor buys a property for $250,000 and sells it two years later for $287,500. What is the percentage gain?
A12%
B15%✓ Correct
C17.5%
D20%
Explanation
Gain = $287,500 − $250,000 = $37,500. Percentage gain = $37,500 ÷ $250,000 = 15%.
Related Georgia Real Estate Math Questions
- A seller wants to net $240,000 after paying a 6% commission. What must the property sell for?
- A buyer purchases a home for $380,000 with a 20% down payment. The lender charges 1.5 discount points. What is the dollar amount of the discount points?
- A property produces annual gross rents of $86,400 with a 5% vacancy. Operating expenses are 35% of EGI. At a 7.5% cap rate, what is the value?
- A Georgia transfer tax (state) is $1 per $500 of consideration. What is the transfer tax on a sale of $485,000?
- A building costs $240,000 to reproduce new and has 20% accumulated depreciation. What is the depreciated value of the improvements?
- A broker earns a 6% commission on the sale of a $275,000 property. The broker pays the selling agent 50% of the broker's 60% share. How much does the selling agent receive?
- A property has a potential gross income of $75,000, vacancy of 8%, and operating expenses of $28,000. Using a cap rate of 8%, estimate the property value.
- A 10-unit building with average rent of $1,050/month sells at a price/unit ratio of $85,000. What is the purchase price?
Practice More Georgia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Georgia Quiz →