Gross rent multiplier (grm) and gross income multiplier (gim) are used to ______.

1 answer:

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The gross rent multiplier (GRM) and gross income multiplier (GIM) are used in order to assess the expected value of the property.

<h3>What are the gross rent multiplier (GRM) and gross income multiplier (GIM)?</h3>

The gross rent multiplier (GRM) is a value calculated as the proportion of a given real investment having into account annual values to the rent income considering the value of other outcomes such as for example tax deductions, etc

Conversely, the term gross income multiplier (GIM) makes reference to the gross calculation of the value that the investment property has in the market, which is fundamental to estimate which should be the price for which a given property can be sold.

In conclusion, the gross rent multiplier (GRM) and gross income multiplier (GIM) are used in order to assess the expected value of the property.

Learn more about the gross rent multiplier (GRM) here:

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