click below
click below
Normal Size Small Size show me how
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 |