Real Estate Math
An Omaha property has gross rent of $4,200/month, 5% vacancy, and a 42% expense ratio of EGI. What is the monthly NOI?
A$2,318.70✓ Correct
B$2,436.00
C$2,100.00
D$2,520.00
Explanation
Monthly EGI = $4,200 × 0.95 = $3,990.
Related Nebraska Real Estate Math Questions
- A Nebraska property with an NOI of $58,000 and a cap rate of 8% has what value?
- A property's closing is on October 15. Annual property taxes of $3,600 are paid in arrears by the seller. How much will the seller be debited at closing for the tax proration (using a 360-day year)?
- If a $250,000 mortgage has a 6% annual interest rate paid monthly, the monthly interest for the first month is:
- A buyer finances $240,000 at 4.5% annual interest. What is the interest charged in the first month?
- A 640-acre Nebraska section has a road running diagonally through it. A triangular parcel is carved out that measures a base of 1 mile and height of 0.5 miles. What is the area of the triangular parcel in acres?
- A Nebraska property management company charges 8% of collected rents. In a month where $18,500 in rents are collected, what is the management fee?
- A property sells for $560,000 with a 5.5% commission. The listing broker offers a 50/50 split with the buyer's broker. The listing broker gives the listing salesperson 60% of the listing side. How much does the listing salesperson earn?
- A Nebraska commercial lease has a base rent of $2,000/month plus 5% of monthly gross sales over $25,000. If the tenant's monthly sales are $40,000, what is the total monthly rent?
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →