Gross Rent Multiplier Grm

Definition of "Gross rent multiplier (GRM)"

Judy Kolodgie
  ERA Cole Realty

The percentage of the selling price of property to its gross rental income. It is used to value an income-producing property. For example, if the selling price of property was $400,000 and the gross rental income was %100,000, the GRM would be 4 times.

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