David Saks: October 2008

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Math Class : Lesson 55

                                                 math

The landlord receives $48,000 a year net income from his investment of $600,000 in a multi-unit apartment complex.

What is the percentage of earned return that he receives from his investment ?

The answers, along with the corresponding solution, will be posted below the photographs at the bottom of the page, so spend a little time on it before you make your way to the bottom. It helps to keep your math skills sharp. Hope you have a fine week ahead.

wildlife

A. 8% and I'm not lion :-)

Divide $48,000 by $600,000 to get the rate of return.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • October 12 2008 12:17AM
Real Estate Math Class : Lesson 55
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