Valuation & AppraisalCâu 102 / 120
The 'gross rent multiplier' (GRM) is calculated by:
a.Multiplying net income by the cap rate
b.Dividing the loan amount by the down payment
c.Subtracting expenses from the sale price
d.Dividing the sale price by the gross rental income
Giải thích
The gross rent multiplier is found by dividing a property's price by its gross rental income, giving a quick relationship between price and rent. It is a simple screening tool for income properties, often using monthly or annual rent. Unlike the cap rate, it does not account for operating expenses.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A comparative market analysis (CMA) prepared by a licensee differs from a formal appraisal because it:
- Accrued depreciation in the cost approach represents:
- Market value, as used in appraisal, generally assumes:
- Which of the following is a form of physical deterioration in an appraisal?
- An appraiser reconciling the results of the three approaches to value will:
- Which factor would most likely cause economic (external) obsolescence?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với Florida Real Estate Sales Associate Licensing Exam · Quy trình kiểm tra