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During the last 6 months you observed the following transactions among multi-family properties in a neighborhood. Calculate G.R.M. for each of the property. What is

  1. During the last 6 months you observed the following transactions among multi-family properties in a neighborhood. Calculate G.R.M. for each of the property. What is the average G.R.M for the neighborhood?

Property

Gross Scheduled Income

Selling Price (Market Value)

G.R.M(Gross Rent Multiplier)

A

28,400

207,500

B

32,000

240,000

C

25,940

185,000

D

27,150

195,000

E

30,225

220,000

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