Gross Rent Multiplier Calculator
Calculate and analyze the Gross Rent Multiplier for investment properties
Property Details
Price at Different GRMs
8 GRM (Excellent):$288,000
10 GRM (Good):$360,000
12 GRM (Average):$432,000
15 GRM (Expensive):$540,000
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)
$360,000
Price vs Target GRM Value
Overpriced by $40,000
GRM Guidelines
- • Below 8: Excellent value
- • 8-10: Good investment
- • 10-12: Average market
- • 12-15: Expensive market
- • Above 15: Overpriced