Real Estate Math
A Missouri duplex generates $900/month per unit. The investor pays $130,000. What is the GRM?
A60.2
B72.2✓ Correct
C144.4
D36.1
Explanation
Monthly gross rent = 2 × $900 = $1,800. GRM = $130,000 ÷ $1,800 = 72.
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