197k views
3 votes
The gross rent multiplier is used as a guideline for estimating value based on ___.

User Binmosa
by
4.3k points

1 Answer

4 votes

Answer:

The correct answer is letter "D": the relationship of the sales price of the gross monthly income.

Step-by-step explanation:

The Gross Rent Multiplier (GRM) is a calculation which result gives an idea of the value of a rental property. It is the relationship between the price of a real estate investment and its annual (sometimes calculated monthly) rent before computing expenses such as taxes, insurance, and utilities.

User WDUK
by
4.3k points