Real Estate Math
A South Carolina property generates $52,000 NOI and is valued at $650,000. What is the capitalization rate?
A7.5%
B8%✓ Correct
C8.5%
D9%
Explanation
Cap Rate = NOI / Value = $52,000 / $650,000 = 0.08 = 8%.
Related South Carolina Real Estate Math Questions
- A South Carolina buyer obtains a $260,000 loan at 7% interest. What is the first month's interest payment?
- A South Carolina home appreciates from $290,000 to $328,700. What is the percentage increase?
- A South Carolina property sold for $308,000. The deed transfer tax is $1.85 per $500. How many $500 units are there in the sale price?
- A South Carolina investor wants a 10% return on investment. They paid $385,000 for a property. What annual NOI is needed?
- A South Carolina broker receives a total commission of $19,800 on a sale. The broker retains 45% and distributes the rest to the selling agent. How much does the selling agent receive?
- A South Carolina seller wants to walk away with $180,000 after paying a 6% commission and $4,500 in other closing costs. What must the minimum sale price be?
- A South Carolina property is purchased for $175,000. The buyer makes a 10% down payment. What is the loan-to-value ratio?
- A South Carolina agent sells a house for $289,000. The commission is 5.5% total, split equally between listing and buyer's agent sides. The listing agent gets 70% of their side. What does the listing agent receive?
Practice More South Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Carolina Quiz →