Gross Income Multiplier
Definition of "Gross income multiplier"
Method to compute the price of an income-producing property by dividing the asking price of the property by current gross rental income. A property in a comparable neighborhood may be valued at "12 times annual gross". If its annual gross rental income amounts to $40,000, the value would be taken as $480,000.
Popular Real Estate Terms
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Accelerated depreciation method in which the amounts recognized in the early years of the property's useful life are greater than those recognized in the later years. The SYD is found by ...
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