Sidekick Pages 39-44

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Noreen Brown
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1 Sidekick Pages 39-44

2 Problem 1, page Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260,000

3 Problem 1, page Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260,

4 Problem 1, page Jonny Paycheck s property sold for $260,000 with 30% profit. What did he have invested? 260, ,000

5 Problem 2, page How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126,000

6 Problem 2, page How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126,

7 Problem 2, page How much was invested to buy a lot that sold for $126,000 and gave the owner a 40% profit? 126, ,000

8 Problem 3, page How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252,000

9 Problem 3, page How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252,

10 Problem 3, page How much did Gerhard Wankel invest in a property he sold for $252,000 with a 20% profit? 252, ,000

11 1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180,000

12 1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180,000.90

13 1. Martin Sikorski would like to net $180,000 from the sale of his 8 acre tract after paying Caldwell Realty a 10% commission. What will the sale price have to be? 180, ,000

14 2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be?.94

15 2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be? 110, ,800 = 112,800.94

16 2. Branden Real Estate is charging 6% to sell Tanya Tartabul s house. She needs to net $110,000 and will have $2,800 in other expenses. What will the sales price be? 110, ,800 = 112, ,000

17 3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for?.93

18 3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for? 80, , ,800 = 148,800.93

19 3. The sale of the Nesbitt family home involves a 7% commission to McKee Properties. The Nesbitts have to have $80,000 from the sale after paying off their mortgage of $65,000 and other expenses of $3,800. How much must the house sell for? 80, , ,800 = 148, ,000

20 4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000?.95

21 4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000? 220, , ,000 = 332,500.95

22 4. Opulent Realty and Wesley Snipes have agreed on a 5% commission to sell a small office building. How much will the sales price need to be if Wesley has to pay off a $220,000 mortgage, $2,500 in other expenses and net $110,000? 220, , ,000 = 332, ,000

23 5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be?.91

24 5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be? 30, , ,500 = 45,500.91

25 5. A one acre lot is being sold by Fox Country Realty with a 9% commission rate. The owner must net $30,000 after paying off a $14,000 loan on the property and $1,500 in expenses. What would the sales price have to be? 30, , ,500 = 45, ,000

$265, /- Acres. Loudon County, TN. Thomas Krajewski Office: Cell: Fax:

$265, /- Acres. Loudon County, TN. Thomas Krajewski Office: Cell: Fax: waterfront residential tract 21.22 +/- Acres Loudon County, TN $265,000 National Land Realty 10101 Sherrill Blvd Knoxville, TN 37932 www.nationalland.com Thomas Krajewski Office: 855.384.5263 Cell: 865.679.3873