The term 'Average regional Gross Rent Multiplier (GRM)' refers to the average GRM for properties in a specific region. It's calculated by taking the average of the GRM of several properties in the same area. The GRM is a real estate metric used to evaluate the value of a property by comparing its price to its potential rental income. It's calculated by dividing the property's price by its annual rental income. The 'Average regional GRM' is significant in real estate investment analysis as it provides a benchmark for comparing the value of different properties in the same region. It helps investors to understand if a property is overpriced or underpriced compared to other properties in the same area.
Calculate the performance of your real estate investments over ten years, with monthly and annual vi...
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