click below
click below
Normal Size Small Size show me how
Math
| Question | Answer |
|---|---|
| Perimeter | sum of all sides of an object |
| Area Rectangle and square | width x depth or width x height |
| Width rectangle and square | depth (height) divided by area |
| Depth (height) rectangle and square | Width divided by area |
| area of a triangle | height x base (width) divided by 2 |
| volume | width x height x depth |
| gross rent multiplier x monthly rental income | sales price |
| gross income multiplier | sales price divided by annual income |
| annual depreciation | beginning depreciation basis divided by depreciation term |
| depreciation basis | initial property value + capital improvements - land value |
| value | annual net operating income divided by capitalization rate |
| NOI (net operating income) | potential rent - vacancy loss + other income - operating expenses |
| principal | payment divided by rate |
| rate | payment divided by principal |
| amortized loan total interest | monthly PI payment x 12 x term minus loan amount |
| month 1 amortization calculation principal paid | monthly payment - (loan amount x rate divided by 12) |
| month 2 amortization calculation new loan amount | previous month principal - principal paid principal paid = monthly payment - (new loan amount x rate divided by 12) |
| LTV ratio | Loan divided by price (value) |
| monthly principal and interest payment | = income ratio x monthly gross income |