Lesson 10 - Real Estate Math Flashcards

1
Q

Acre

A

-A measure of land equaling 43,560 square feet.

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2
Q

Area of a rectangle

A

Width x depth

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3
Q

Area of a triangle

A

1/2 base x height

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4
Q

1 Hectare

A

2.47 acres

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5
Q

Debt to income ratio

A

-The percentage of a consumer’s monthly gross income that goes towards paying debts.

Formula: Recurring Monthly Debt / Gross Monthly Income

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6
Q

Cash on Cash Return

A
  • Cash on cash return (COC) is a percentage return on money invested in a property by an investor
  • Annual Cash Flow / Down Payment = Cash on Cash Return
  • ANNUAL
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