1. Using the data in the following example, calculate the gross rent multipliers for the comparables and then reconcile the data to estimate a GRM for the subject property's market. The subject property is currently renting for $2,750 per month, which is considered to be its market rental rate. Determine the market value of the subject property. 2. The subject property has an annual net income expectancy of $75,000, and recent comparable sales have the following characteristics: Sale 1 sold for $1,000,000 and has an annual net income expectancy of $98,000. Sale 2 sold for $750,000 and has an annual net income expectancy of $75,000. Sale 3 sold for $650,000 and has an annual net income expectancy of $62,500. Sale 4 sold for $500,000 and has an annual net income expectancy of $49,500. 1. Using the data in the following example, calculate the gross rent multipliers for the comparables and then reconcile the data to estimate a GRM for the subject property's market. The subject property is currently renting for $2,750 per month, which is considered to be its market rental rate. Determine the market value of the subject property. 2. The subject property has an annual net income expectancy of $75,000, and recent comparable sales have the following characteristics: Sale 1 sold for $1,000,000 and has an annual net income expectancy of $98,000. Sale 2 sold for $750,000 and has an annual net income expectancy of $75,000. Sale 3 sold for $650,000 and has an annual net income expectancy of $62,500. Sale 4 sold for $500,000 and has an annual net income expectancy of $49,500