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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
- 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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