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Real Estate Math Demystified

ISBN10: 0071481389 | ISBN13: 9780071481380

Real Estate Math Demystified
ISBN10: 0071481389
ISBN13: 9780071481380
By Steven Mooney

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Real estate math ESSENTIALS that really ADD up! Interested in becoming a real estate agent but you're not a math whiz? Are you a real estate investor looking for investment analysis techniques? No problem! Understand and handle real estate transactions and analysis with confidence using this well-organized guide. Real Estate Math Demystified will provide you with the knowledge to analyze real estate from a variety of perspectives, including that of the buyer, seller, lender, and appraiser. You'll start with an overview of basic math principles to refresh your memory and improve your overall math proficiency. More challenging material will help you obtain your broker's license and prepare for actual real estate practice and investment. Other topics covered include commissions, mortgages, calculations, appreciation and depreciation, property taxes, appraisal methods, and much more. This fast and easy guide offers: An explanation of the importance and use of Time Value of Money Exercises for calculating mortgage payments Various methods for appraising property Breakdowns of closing statements from purchase/sale transactions Discussions of various lease scenarios and rent types Real estate investment and cash flow analysis Drawings and tables to enhance understanding of required real estate math calculations Simple enough for a beginner, but challenging enough for a more advanced student, this book is your shortcut to success in the lucrative field of real estate.

Acknowledgments

Introduction

Chapter 1: Review of Math Skills

Chapter 2: Fractions, Decimals, and Percentages

Chapter 3: Commissions, Growth Rates, and Net Proceeds

Chapter 4: Legal Descriptions and Lot Size

Chapter 5: Real Estate Taxes

Chapter 6: Time Value of Money (TVM)

Chapter 7: Mortgage Calculations Using TVM

Chapter 8: Appreciation and Depreciation

Chapter 9: The Closing and Closing Statements

Chapter 10: Real Estate Appraisal

Chapter 11: Real Estate Investment Analysis

Chapter 12: Risk in Real Estate

Chapter 13: Leases

Final Exam

Glossary

Quiz Answers

Final Exam Answers

Index

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