For single-family properties only, a gross rent multiplier would be computed as:
a. capitalization rate times gross monthly rent.
b. sales price divided by capitalization rate.
c. gross monthly rent plus sales price.
d. sales price divided by gross monthly rent.
Answer: d. sales price divided by gross monthly rent.
Business
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Use a calculator to determine your answer. A) $1,225.36 B) $1,206.58 C) $1,157.63 D) $1,140.23
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Stocks which perform well in a faltering economy are called defensive stocks
Indicate whether the statement is true or false.
Business