Real Estate Math
An investor buys a property for $180,000 and sells it 3 years later for $225,000. What is the percentage gain?
A20%
B25%✓ Correct
C33%
D45%
Explanation
Gain = $225,000 − $180,000 = $45,000. Percentage gain = $45,000 ÷ $180,000 = 0.25 = 25%. Using the values given ($180,000, $225,000), apply the appropriate formula.. The correct answer is 25%.. This is a common calculation on the Montana real estate exam.
Related Montana Real Estate Math Questions
- A Montana broker listed a property at $175,000 and it sold for $168,000. The commission rate is 6%. What is the total commission paid?
- A rectangular lot measures 150 feet by 200 feet. What is the lot's area in acres? (1 acre = 43,560 sq ft)
- A Montana buyer negotiates a purchase price of $285,000 on a home listed at $299,500. What percentage discount did they negotiate from the list price (rounded)?
- A Montana property has been on the market for 90 days. The market average days-on-market is 45 days. The absorption rate for this price range is 5 homes per month sold. There are currently 25 homes for sale in the price range. What is the months' supply of inventory?
- A seller wants to net $200,000 after paying a 6% commission and $4,000 in other closing costs. What must the property sell for (approximately)?
- A Montana commercial property has an NOI of $85,000 and is appraised at a cap rate of 6.5%. What is the indicated value?
- A Montana buyer closes on a home on October 1. The annual property taxes are $2,400. At closing, the seller will pay the buyer a prorated tax credit for how many days (using a 365-day year)?
- A Montana seller is netting $185,000 from the sale of their home. They paid $120,000 for the home 8 years ago and made $15,000 in improvements. They qualify for the $250,000 single taxpayer capital gains exclusion. What is the taxable capital gain?
Practice More Montana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Montana Quiz →