Real Estate Math
A Hawaii lot in a subdivision measures 75 × 125 feet. How many square feet is the lot?
AA. 8,750 sq ft
BB. 9,375 sq ft✓ Correct
CC. 10,000 sq ft
DD. 9,000 sq ft
Explanation
75 × 125 = 9,375 square feet. Remember: 1 acre = 43,560 square feet.
Related Hawaii Real Estate Math Questions
- A Hawaii property was last sold for $385,000. After 8% appreciation, what is the current value?
- A Hawaii investor has a $900,000 property with a $600,000 mortgage at 5% interest. Annual interest expense is $30,000. The NOI is $55,000. What is the annual cash flow before taxes?
- A Hawaii property was listed for $720,000 and sold after a price reduction of 8%. What was the final sale price?
- A Hawaii property generates monthly rents of $8,500 with annual operating expenses of $42,000. What is the annual NOI?
- A Hawaii property has annual gross potential income of $150,000 with a 4% vacancy rate and $55,000 in operating expenses. What is the NOI?
- A Hawaii investment property generates $110,000 NOI. Using a 5.5% cap rate, what is the value?
- A Hawaii property has an assessed value of $720,000. The county applies a homeowner's exemption of $100,000 to owner-occupants. What is the taxable assessed value for a homeowner?
- A Hawaii buyer purchases a condo for $520,000. HOA fees are $850/month, property taxes are $3,240/year, and the mortgage payment is $2,800/month. What is the total monthly housing cost?
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →