Practice & MathPregunta 85 de 100
A property has a gross annual rent of $30,000 and a gross rent multiplier of 9. What is the indicated value?
a.$270,000
b.$210,000
c.$300,000
d.$333,000
Explicación
The gross rent multiplier method multiplies gross rent by the GRM: $30,000 x 9 = $270,000. The GRM is a quick screening tool derived from comparable sales. It does not account for expenses, unlike the full income approach.
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