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Real estate Formulas
Real estate exam prep: Conversions and Formulas
Question | Answer |
---|---|
How many square feet in an acre? | 43,560 ft. |
How many square feet in a mile? | 5,280 ft. |
Capitalization formula | (IRV) I/RxV |
Loan Formula | (LRV) L/RxV |
Down Payment Formula | (DVR) D/RxV |
Interest formula | (IRL) I/RxL |
Depreciation formula | (PWR) P/WxR |
Liabilities + Net worth = | Assets |
Assets - Liabilities = | Net worth |
Assets - Net worth = | Liabilities |
Current Assets + Fixed assets = | Total Assets |
Current Assets - Current Liabilities = | Working Capital |
Liabilities + Capital = | Assets |
Revenue - Expenses = | Net Income |
How many Acres in one square mile? | 640 |
Area = | Length x Width |