gross rent multiplier

gross rent multiplier definition - business

gross rent multiplier

The sale price of a rental property divided by gross monthly rental income assuming all available rental units are occupied. Gross rent multiplier is used to estimate the value of rental properties when financial information is available for sales of similar properties in the same market. Also called multiplier.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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