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Given the following information, calculate the effective gross income multiplier. Sale price: $950,000 Potential Gross Income: $250,000 Vacancy and Collection Losses: 10% Miscellaneous Income: $50,000

Given the following information, calculate the effective gross income multiplier.

Sale price: $950,000

Potential Gross Income: $250,000

Vacancy and Collection Losses: 10%

Miscellaneous Income: $50,000

Group of answer choices

3.45

2.8

2.3

3.6

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