Answered

IDNLearn.com: Your reliable source for finding precise answers. Discover thorough and trustworthy answers from our community of knowledgeable professionals, tailored to meet your specific needs.

An income property generates $9,200 per month, and is valued at $985,000. What is its gross rent multiplier

Sagot :

Abiolataiwo2015idn

Answer:

107.07

Explanation:

Calculation for What is its gross rent multiplier

Gross rent multiplier= Income Property value/income property generated per month

Let plug in the formula

Gross rent multiplier= $985,000/$9,200 per month

Gross rent multiplier=107.07

Therefore its gross rent multiplier will be 107.07

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.