Gross Rent Multiplier Calculator
Calculate and analyze the Gross Rent Multiplier for investment properties
Property Details
Price at Different GRMs
8 GRM (Excellent):$2,88,000
10 GRM (Good):$3,60,000
12 GRM (Average):$4,32,000
15 GRM (Expensive):$5,40,000
Required Rent for Target GRMs
For 8 GRM:$4,167/mo
For 10 GRM:$3,333/mo
For 12 GRM:$2,778/mo
GRM Analysis
Gross Rent Multiplier
11.11
Annual Gross Rent
$36,000
Gross Yield
9.00%
Value at Target GRM (10)
$3,60,000
Price vs Target GRM Value
Overpriced by $40,000
GRM Guidelines
- β’ Below 8: Excellent value
- β’ 8-10: Good investment
- β’ 10-12: Average market
- β’ 12-15: Expensive market
- β’ Above 15: Overpriced
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