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Appraiser Marla analyzes several rental properties in her town, determining their respective GRMs using gross annual rent. She determines that the annual gross rent multiplier

Appraiser Marla analyzes several rental properties in her town, determining their respective GRMs using gross annual rent. She determines that the annual gross rent multiplier for her subject property should be around 9.5. The property currently rents for $1,225 per month. What would be Marla's approximate estimate of value? $116,375 $128,950 $139,650 $154,750

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