NCh3 Investment Analysis Flashcards
1
Q
The appraisal tool used for residential properties which generates a factor based on location and rent – a price per rent is called
A
Gross rent multiplier GRM
2
Q
To determine a neighborhood GRM we use the
A
Average price divided by the average monthly rent
3
Q
What is the name of the appraisal tool used for commercial properties that is based on annual rent rather than monthly rent?
A
GIM gross income multiplier
