Real Estate Math
A parcel is described as the 'NW 1/4 of the SW 1/4 of Section 12.' How many acres does it contain?
A10 acres
B20 acres
C40 acres✓ Correct
D80 acres
Explanation
Section 12 = 640 acres. SW 1/4 of Section 12 = 640 ÷ 4 = 160 acres.
Related Oregon Real Estate Math Questions
- An Oregon house has a basement of 800 sq ft, main floor of 1,400 sq ft, and upper floor of 900 sq ft. How much is the total finished square footage if the basement is unfinished?
- A Salem commercial property has a net operating income of $120,000. If the market cap rate is 7%, what is the property value? If the cap rate rises to 8%, what happens to the value?
- A Bend, Oregon investor purchases a duplex for $650,000. Annual NOI is $39,000. What is the cap rate?
- A borrower wants to know how many months until they have paid down their $300,000 loan to 80% LTV (so they can cancel PMI). If the original property value was $375,000 and the monthly principal reduction averages $250 per month, how many months would it take?
- An Oregon commercial tenant rents 3,500 sq ft at $18/sq ft per year. What is the annual rent?
- An Oregon property has a gross rent multiplier (GRM) of 120. The monthly rent is $2,500. What is the estimated value?
- An Oregon investment property costs $720,000. The investor makes a 25% down payment. How much is the down payment?
- A 4-unit Oregon rental property generates $1,200/month per unit. Annual operating expenses total $24,000. Using a 7% cap rate, what is the estimated value?
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →