3 terms

An income producing property rents for $1,000 per month and the GRM is 84. What is the value?

$84,000

A property has a gross income multiplier of 12, and a value of $500,000. What is the annual income?

$41,667

Each unit in a 4-plex rents for $850 per month. If the appraised value is $460,000, what is the GRM to the complex?

135.3