Property Valuation
A gross rent multiplier (GRM) for a Missouri rental property is calculated as:
ASales price ÷ Annual gross rent✓ Correct
BNOI ÷ Sales price
CSales price × Cap rate
DAnnual rent ÷ Monthly rent
Explanation
GRM = Sales price ÷ Gross monthly rent (or annual gross rent). It is a quick valuation tool used for residential income properties.
Related Missouri Property Valuation Questions
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