Part 4 Income Capitalization Formulas Flashcards
1
Q
T/F The Gross Rent Multiplier is applied to the yearly rent for the property
A
False
Monthly
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2
Q
Income in the IRV formula is representative of ____ Operating Income
A
Net
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3
Q
Gross Income Multiplier (GIM) is an __________ multiplier used in commercial properties and Gross Rental Multiplier (GRM) is a _________ multiplier used in residential properties of 1-4 units
A
Annual
Monthly
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