Property Valuation
What is the 'gross income multiplier' (GIM) as distinct from the 'gross rent multiplier' (GRM)?
ABoth are identical calculations
BGIM uses annual gross income; GRM uses monthly gross rent — the GIM = GRM × 12✓ Correct
CGIM applies to commercial; GRM applies to residential only
DGIM uses NOI; GRM uses gross income
Explanation
The GRM (Gross Rent Multiplier) uses monthly rent: GRM = Price ÷ Monthly Rent. The GIM (Gross Income Multiplier) uses annual gross income: GIM = Price ÷ Annual Gross Income.
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