Gross Rent Multiplier Formula Simplified: A Practical Approach
Gross Rent Multiplier, often abbreviated as GRM, is a simple metric used by real estate investors to evaluate the potential value of an income-producing property. It provides a quick way to compare properties and estimate their market value without diving into complex calculations like net operating income or cash flow analysis. gross rent multiplier formula focuses solely on the relationship between a property’s purchase price and its gross rental income. Know more info about #grossrentmultiplierformula
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