Real Estate MathInvestment_calculationsHARD
An investor is valuing a small rental property listed at $540,000 that produces gross monthly rent of $2,650. What is the gross rent multiplier (GRM)?
Correct Answer
C) 203.77
GRM uses price divided by gross monthly rent: $540,000 ÷ $2,650 = 203.77.
Answer Options
A
16.98B
0.0049C
203.77D
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Key Terms:
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