Question Gross Rent Multiplier uses gross income and the formula is: Value/Gross Annual Income = Gross Rent

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Question Gross Rent Multiplier uses gross income and the formula is: Value/Gross Annual Income = Gross Rent Multiplier.

A property generates gross rents of $40,000 yearly. It recently sold for $300,000. If it has a vacancy rate of 10% and expenses are $1,200 per month, calculate the gross rent multiplier. Note: Show your calculations.

Related Book For answer-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Mar 14, 2024 08:37 PM

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Question Gross Rent Multiplier uses gross income and the formula is: Value/Gross Annual Income = Gross Rent

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Real Estate Finance and Investments

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