Real Estate Math: Gross Rent Multiplier, Percentage Change, Calculating Commissions and Interest Flashcards
1
Q
What is Gross Rent Multiplier (GRM) formula?
A
Price divided by rent = grm (Yearly) typically between 5-20
annual rent divided by 12 = blank then take that number and divide the annual rent by the monthly = monthly grm tyically will be higher 80-140
