Shows the ratio between a property's value to its gross scheduled income.
"Gross scheduled income reflects all income derived from rents as if all units were 100% occupied with vacant units (if any) typically included at the market rent."
You came across a small rental for sale at $150,000 with a gross scheduled income of $25,000. You want to know its gross rent multiplier so you can compare it to the average GRM for comparable properties recently sold in your local market area.
"Gross rental income signifies gross scheduled income on our form."
"For best results, use annual amounts for all entries."
Gross Rent Multiplier
Solves the gross rent multiplier.