Real Estate Math
A Wisconsin property has a lot of 0.75 acres. At 43,560 sq ft/acre, how many square feet is the lot?
A32,670 sq ft✓ Correct
B43,560 sq ft
C65,340 sq ft
D87,120 sq ft
Explanation
0.75 acres × 43,560 sq ft/acre = 32,670 sq ft.
Related Wisconsin Real Estate Math Questions
- A Wisconsin home is listed at $275,000 and sells for 97% of list price. What is the sale price?
- A Wisconsin investor buys a duplex for $220,000. Each unit rents for $900/month. The annual operating expenses are $9,600. What is the annual net operating income (NOI)?
- A Wisconsin seller owes $195,000 on their mortgage and sells for $410,000. After a 5% commission ($20,500) and $8,300 in other closing costs, what are their net proceeds?
- A Wisconsin property is listed for $389,900 and sells for $377,000. What percentage of list price did it sell for (rounded to one decimal)?
- A Wisconsin property's assessed value is $198,000. The equalization ratio is 90%. What is the estimated market value?
- A Wisconsin property is listed at $449,000 and appraised at $445,000. A lender will loan 80% of the appraised value. What is the minimum down payment if the buyer pays the listing price?
- A Wisconsin property was appraised at $375,000. The buyer offers 98% of appraised value. The transfer tax ($3/$1,000) will be based on the sale price. What is the transfer tax?
- A Wisconsin apartment building has 8 units, each renting for $850/month. The vacancy rate is 8%. Annual expenses are $22,000. What is the annual NOI?
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →