Answer:
135.3
Explanation:
GRM stands for Gross rent multiplier.
The formula and the computation of the gross rent multiplier are shown below:
Gross rent multiplier = Appraisal value ÷ rent for each four plex
= $460,000 ÷ 3,400
= 135.3
The rent for 4 units is computed below:
= Rent per month × number of four plex
= $850 × 4
= $3,400
A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market.
Mortgage points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can lower your monthly mortgage payments.One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000),<span>In general, the longer you plan to own the home, the more points help you save on interest over the life of the loan. When you consider whether points are right for you, it helps to run the numbers.</span>
I believe the correct answer to fill in the blank is:
A written report must be sent to the texas department of
public safety within 10 days of a collision that <u>“results in death,
injury, or more than $1,000 damage to property”.</u>
