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19 Cards in this Set

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  • Back

NYS transfer tax

$4 per $1000

NYC transfer tax

1% of sale price; 1.45% if sale price is greater than $500,0001

1 yard equals

3 feet

1 sq yd =

9 ft

I cubic yard =

27 cubic feet

I acre =

43,560 sq feet or 160 sq rods

I cubic yard =

Cubic feet / 27 cubic feet

1 mile =

5,280 linear feet or 1760 yds or 320 rods

LxW =

Area

LxWxDepth=

Cubic feet

NOI - net operating income =

Gross income - vacancy % - expenses

Conventional payment to income

28%

Conventional total debt service

36%

FHA payment to income

29%

FHA total debt service

41%

VA residual income requirement VA total debt service

41%

Dpreciation

Residential - 27.5 years


Commercial - 39 years

Calculate interest

Principal x Interest rate = annual interest

NY electricity requirement

200 amps