Real Estate Math Practice Problems

The value of a property is $91,000 today. What was the original cost if the property has lost 35% of its value over the past seven years?

• $67,407.41

• $95,789.47

• $122,850.00

• $140,000.00

What was the price per front foot for a 100' x 125' lot that sold for $125,000?

• $10

• $556

• $1,000

• $1,250

Tags

CCSS.5.MD.A.1

• $3,500

• $4,000

• $4,350

• $8,850

Tags

CCSS.6.RP.A.3C

What did the sellers pay for their home if they sold it for $298,672, which gave them a 12% profit over their original cost? Round your answer to the nearest cent.

• $243,671.43

• $266,671.43

• $312,512.64

• $334,512.64

Tags

CCSS.7.RP.A.3

What would be an estimate of value for a building producing $11,250 annual net income and showing a rate of return of 9%?

• $101,250

• $122,625

• $123,626

• $125,000

Tags

CCSS.7.RP.A.3

The sale of a home is to close on September 28. Included in the sale is a garage apartment that is rented for $350 per month. The tenant has paid the September rent. What is the rent proration, using actual days and prorating through the day of closing? Round your answer to the nearest cent.

• $325.67

• $23.33

• $350.00

• $175.00

Tags

CCSS.6.RP.A.3D

• $527.25

• $693.75

• $1,194.00

• $1,581.75

Tags

CCSS.5.MD.C.5B

CCSS.6.G.A.2

• $48,450

• $50,815

• $50,875

• $51,000

• $1,125.00

• $756.25

• $600.00

• $652.08

• 18%

• 24%

• 33%

• 40%