Exam term

Gross rent multiplier

A comparable's sale price divided by its gross rent for a stated period, usually monthly. Abbreviated GRM; multiplying the subject's rent for the same period by it estimates value.

Lessons that use this term

Gross rent and gross income multipliers California
The income capitalization approach Florida
Highest and best use, site valuation, and the three approaches to value New York
The income approach and gross rent and gross income multipliers Texas