Question

A shopping mall grosses $625,000 / month. If the market value of this property is $52,000,000, what is its Gross Income Multiplier (GIM)?

a. 6.9
b. 10.4
c. 7.7
d. 83.2

Answer 1

The Gross Income Multiplier (GIM) of the shopping mall is 83.2.

Step-by-step explanation:

To calculate the Gross Income Multiplier (GIM), we can divide the market value of the property by its monthly gross income. In this case, the market value of the property is $52,000,000 and the monthly gross income is $625,000, so the GIM is $52,000,000 / $625,000 = 83.2.

Therefore, the correct answer is d. 83.2.