Gross rent multiplier, a quick price-to-rent screen, and the value a target GRM implies. Updates as you type.
Gross rent multiplier—
Value at target GRM—
GRM = Price ÷ Gross annual rent · Value = Gross annual rent × GRM
Educational tool only. Not financial, investment, tax, or legal advice. GRM uses gross rent and ignores expenses; use it to screen, then underwrite with NOI and a cap rate.
Want the full valuation toolkit? CRE Valuation covers NOI, cap rates, GRM, and DCF.