Real Estate Math

A Maryland investor needs a 9% return on a $450,000 commercial property. The required annual income is:

A$36,000

B$40,500✓ Correct

C$45,000

D$49,500

Explanation

Required income = $450,000 × 9% = $40,500. To solve this, multiply the relevant values: $450,000 at 9%.. The correct answer is $40,500.. This is a common calculation on the Maryland real estate exam.

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