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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Claude in a contract, title, or mortgage that is subject to being annulled, repealed, or revoked upon the satisfaction of a claim or completion of a future event. ...
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The American Real Estate and Urban Economics Association (AREUEA) is a non-profit association founded in 1964, during the Allied Social Science Association located in Chicago. Important to ...
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