Real Estate Math
A Louisiana real estate investor calculates a debt coverage ratio (DCR) on a property with annual NOI of $84,000 and annual debt service of $67,200. What is the DCR?
A1.15
B1.25✓ Correct
C1.35
D1.45
Explanation
DCR = NOI ÷ Annual Debt Service = $84,000 ÷ $67,200 = 1.25.
Related Louisiana Real Estate Math Questions
- A Louisiana investment property was purchased for $380,000. After 5 years, the investor sells it for $445,000. What is the total appreciation percentage?
- A Louisiana property with a $520,000 market value is assessed at 10%. The taxable assessed value after the $7,500 homestead exemption is:
- A seller nets $195,000 after paying a 6% commission. What was the original sales price?
- A property is assessed at $45,000. The millage rate is 85 mills. What are the annual property taxes?
- A property depreciates at 1/39 per year for commercial tax purposes. A $390,000 building has an annual depreciation of:
- A property in Baton Rouge produces a net operating income of $45,000. If the capitalization rate is 7.5%, what is the estimated value?
- A property's assessed value is $80,000. The homestead exemption reduces assessed value by $75,000. At 95 mills, what are the annual taxes?
- A Louisiana agent sells a commercial property for $1,250,000 at a 4% commission rate. The broker retains 45% and the agent receives 55%. What is the agent's commission?
Practice More Louisiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Louisiana Quiz →