Property Valuation
The 'gross income multiplier' (GIM) using annual income for an NC commercial property is calculated as:
ANOI divided by cap rate
BSale price divided by annual gross income✓ Correct
CMonthly rent multiplied by 12
DAnnual income minus operating expenses
Explanation
Annual GIM = Sale price / Annual gross income. It is a simple ratio used to compare income-producing properties without detailed expense analysis.
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