Lesson 10 - Real Estate Math Flashcards
1
Q
Acre
A
-A measure of land equaling 43,560 square feet.
2
Q
Area of a rectangle
A
Width x depth
3
Q
Area of a triangle
A
1/2 base x height
4
Q
1 Hectare
A
2.47 acres
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
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