Math Practice

Master real estate calculations with 20 questions

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Master Real Estate Math Calculations

Real estate math is a critical component of the real estate licensing exam. This specialized practice test focuses exclusively on the mathematical calculations you'll need to master to succeed on your exam and in your real estate career.

What This Math Practice Covers

๐Ÿ’ฐ Commission Calculations

Learn to calculate broker commissions, commission splits, and agent earnings from property sales.

๐Ÿ  Property Valuation

Master square footage calculations and cost-per-square-foot valuations for accurate property assessment.

๐Ÿ“Š Investment Analysis

Understand cap rates, NOI calculations, and how to determine maximum purchase prices for investments.

๐Ÿฆ Mortgage Math

Calculate monthly interest payments, LTV ratios, and down payment requirements for financing scenarios.

๐Ÿ›๏ธ Property Tax

Work with mill rates and assessed values to determine annual property tax obligations.

๐Ÿ“… Proration

Calculate prorated credits and debits for closing scenarios, including insurance and taxes.

Why Math Skills Matter

Mathematical proficiency is essential for real estate professionals. Whether you're calculating commissions, determining property values, or analyzing investment opportunities, these skills will serve you throughout your career.

โœจWhat This Practice Test Provides

๐Ÿ“
Step-by-step explanations
for every calculation
๐ŸŽจ
Visual whiteboards
showing formulas and process
๐ŸŒ
Real-world scenarios
you'll encounter on the exam
๐Ÿ”ข
Practice with numbers
percentages, decimals, conversions
โšก
Immediate feedback
on your answers with detailed explanations

๐ŸŽฏ Study Tips for Math Success

๐Ÿ“š
TIP #1

Memorize Key Formulas

Know your commission, cap rate, and LTV formulas cold.

โœ๏ธ
TIP #2

Show Your Work

Write out each step to avoid simple calculation errors.

๐Ÿงฎ
TIP #3

Bring a Calculator

Most exams allow calculatorsโ€”know how to use yours efficiently.

๐Ÿ”
TIP #4

Check Units

Pay attention to annual vs. monthly, square feet vs. acres, etc.

๐Ÿ’ช
TIP #5

Practice Regularly

Do a few problems daily to keep your skills sharp.

๐Ÿง 
PRO TIP

Understand the Logic

Don't just memorizeโ€”understand why formulas work.

๐Ÿ“ Common Math Formulas

๐Ÿ’ฐ
Commission
Sale Price ร— Commission Rate
๐Ÿ 
Property Value
Square Feet ร— Cost per Sq Ft
๐Ÿ“Š
Cap Rate
NOI รท Property Value
๐Ÿฆ
Monthly Interest
(Loan ร— Rate) รท 12
๐Ÿ›๏ธ
Property Tax
Assessed Value ร— (Mills รท 1,000)
๐Ÿ“
Area
Length ร— Width
๐Ÿ“ˆ
Profit Percentage
(Profit รท Purchase Price) ร— 100
๐Ÿ’ต
Down Payment
Purchase Price ร— (100% - LTV%)
๐Ÿ’ก

Pro Tip for Success

Don't just memorize formulasโ€”understand the logic behind them. When you understand why a calculation works, you'll be able to adapt to any variation of the question on your exam.