Follow the default numbers.
With purchase price of $350,000, monthly rent of $2,400, the model gives gross rent multiplier: 12.15×.
The formula is grm = value ÷ annual gross rent. Open the breakdown to trace expenses and assumptions. Change one input at a time to see how your decision changes. This example uses scenario inputs; it is not an offer, tax bill, appraisal or legal determination.
A fast comparison with a narrow denominator
Gross rent multiplier divides property value by annual gross scheduled rent and other recurring income. It makes no adjustment for vacancy, taxes, insurance, repairs or financing. A lower multiplier is not automatically better when operating costs or collection losses differ. Use the same definition of gross rent for every property compared.
GRM is not a payback period
The multiplier can look like a number of years because both price and annual rent are dollars. It is not the time required to recover your invested cash: you do not keep all gross income, and the property can change value. Follow NOI and cap rate for an expense-aware comparison, then cash on cash for the effect of financing.
Keep your assumptions with the result
Save the calculation to your deal file to reuse compatible inputs in another tool. The file stays in this browser on this device. Download the CSV to open the complete inputs, results and schedule in Excel or Google Sheets. Use PDF to print the report or save it as a PDF. A share link includes entered financial figures in its URL, so use it only with people you intend to share those numbers with.