ValuationIncome ApproachMEDIUM
A gross rent multiplier (GRM) for a West Virginia property that sold for $150,000 with monthly gross rent of $1,250 is:
Correct Answer
B) 120
GRM = Sale Price ÷ Monthly Gross Rent = $150,000 ÷ $1,250 = 120.
Answer Options
A
100B
120C
125D
150Why This Is the Correct Answer
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Deep Analysis of This Valuation Question
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Background Knowledge for Valuation
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Real World Application in Valuation
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Common Mistakes to Avoid on Valuation Questions
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Related Topics & Key Terms
Related Topics:
cap-rate-comparisonincome-screeningquick-tool
Key Terms:
GRMgross rentprice÷rentscreeningnot NOI
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