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Gross Rent Multiplier Calculator

Another fast comp screen using gross rent and price.

Financial Metrics

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Gross Rent Multiplier
How this number is calculated
Basis
Gross-rent valuation screen
Formula
GRM = property price / annual gross rent
Includes
  • property price
  • annual gross rent
Excludes
  • expenses
  • vacancy
  • loan terms
  • condition
Source
Public calculator inputs
Computed
Live from the values currently entered above
How it works
1

Divide price by annual gross rent

2

Lower GRM means cheaper relative to rent

3

Compare only to similar nearby properties

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Related tools and terms
Frequently asked questions
Is GRM better than cap rate?
No. GRM ignores expenses. Use for quick comps only.