easy · National Real Estate Exam math
If a commercial property is valued at $2,400,000 and generates $300,000 in annual gross income, what is its Gross Income Multiplier (GIM)?
- 80
- 12.5
- 96
- 8
Sign up free to see the explanation and track your rank →
More National Real Estate Exam math practice
- What is the fee?
- If the lender requires an 80% loan-to-value (LTV) ratio and charges 2 discount points, wha
- If the tenant's gross sales for July were $85,000, what is the total rent due for that mon
- If the lender charges 2 discount points, how much will the buyer pay in points at closing?
- A buyer is charged 2 discount points on a loan of $150,000.… — How much must the buyer pay
- A property has a gross monthly rent of $1,500. If the Gross Rent Multiplier (GRM) for the
- What was the original cost?
- If the seller also pays off a $115,000 mortgage, what are the net proceeds?