Property Valuation
Gross Rent Multiplier (GRM) is calculated as:
ASale price divided by monthly gross rent✓ Correct
BMonthly gross rent divided by sale price
CAnnual NOI divided by sale price
DSale price divided by annual NOI
Explanation
GRM = Sale Price ÷ Monthly Gross Rent. It is a quick, simplified method to estimate value for small residential income properties but does not account for expenses.
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