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Home > Real Estate Resources > Real Estate Glossary > Definition of GROSS RENT MULTIPLIER

GROSS RENT MULTIPLIER



A number which, times the gross income of a property, produces an estimate of value of the property. Example - The gross income from an unfurnished apartment building is $200,000 per annum. If an appraiser uses a gross multiplier of 7%, then it is said that based on the gross multiplier the value of the building is $1,400,000.








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