ealexandernyc
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A duplex generates $1,400 rent for each of its two units per month. The property has been recently appraised for $350,000. What is this property's GIM? 9.6? 4.8? 10.4? 20.83?

Answer :

sqdancefan
The gross income multiplier (GIM) is the ratio of sale price to annual rental income. Here, you have ...
  GIM = $350,000/(12*2*$1400) ≈ 10.4

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