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27 February, 03:43

The gross rent multiplier is used as a guideline for estimating value based on ___.

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  1. 27 February, 07:34
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    The correct answer is letter "D": the relationship of the sales price of the gross monthly income.

    Explanation:

    The Gross Rent Multiplier (GRM) is a calculation which result gives an idea of the value of a rental property. It is the relationship between the price of a real estate investment and its annual (sometimes calculated monthly) rent before computing expenses such as taxes, insurance, and utilities.
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