House Offer Calculator
Calculates the house offer based on fair market value, renovation cost, desired discount, and desired profit.
Offer Formula
$11400 - $19400 - ( 19% / 100.0 * $6700 ) = $-9273.0.John, who wants to buy a house for $11,400, has saved $1,9400 for renovation costs and expects to get a discount of 19% on the fair market value. The result of -$9,273 means that even with his savings and expected discount, John cannot afford the house he wants.
Profit Formula
$4400 - ( 13% / 100.0 ) * $13800 = $2606.0.Samantha invests $4400, retains 13% and earns a return on equity (ROE) of 19%, her sustainable growth is $2606 per year. This amount represents the annual sustainable growth rate Samantha can expect from her investment.
Meaning
A house offer is a formal proposal made by a buyer to purchase a property. It outlines the proposed price, terms, and conditions, and serves as a starting point for negotiations with the seller.
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