Gross Rent Multiplier (GRM)

Definition of "Gross rent multiplier (GRM)"

Judy Kolodgie real estate agent

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Judy Kolodgieelite badge icon

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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