![]() So, for example, if a property is selling for $2,000,000 and it produces a Gross Rental Income of $320,000, the GRM would be: Gross Rent Multiplier = Property Price / Gross Rental Income What is the Gross Rent Multiplier Formula? ![]() Another variant of GRM is Gross Income Multiplier (GIM), which is used when a calculation also incorporates non-rental sources of income, such as vending machines or coin-laundry machines. Gross Rent Multiplier (GRM) in Relation to Multifamily LonasĪ property’s Gross Rent Multiplier, or GRM, is one of the best ways to quickly calculate its profitability compared to similar properties in the same real estate market.
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