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Real Estate MathIncome_approachMEDIUM

GRM: $240,000 sale, $2,000/month rent:

Correct Answer

C) 120

$240,000 ÷ $2,000 = 120.

Answer Options
A
100
B
110
C
120
D
130

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Related Topics & Key Terms

Related Topics:

cap-rate-comparison

Key Terms:

GRM120gross rent multipliermonthly rentprice
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