20. An unfurnished house rents for $8,100 per year, which is determined to represent market level. The property recently sold for $147,000 in an am's length transaction. What is the GRM indicated? a 5.51 b 18.15 18148 d 217.78 C 21. The primary difference between an EGIM and a PGIM is attributed to 3 Net income Tatia b Operating expense Replacement reserve d Vacancy 22 If a three-unit property generates a total monthly income of $1,975 and told recently in an arm's length transaction for $185,000, what is the EGIM if vacancy loss was estimated at 4.3596? 6.74 b. 7.92 8.16 d 9.42 23. An investment property generates $47.000 PGI Vacancy loss is estimated at 4,2%. If operating expenses are estimated at 42% of EGI, what is the value of the property if the market derved overall capitalization rate is 8.57% (rounded to the nearest $1.00097 $303,000 b: $329,000 $331.000 d 5348.000 24. What is the overall capitalization rate for a property that generated NOI of $38,627 and sold recently for $485,0002 6.93% 67.96% c84296