Instructions for using the Gross Rent Multiplier (GRM) Calculator

The values in the fields below are example values.

To begin, select which option you want to calculate and enter the appropriate numbers.

As you enter your values, the calculator works continuously in the background to calculate and display the result. Feel free to play with the numbers and try various what-if scenarios so you can see how the GRM or the property value changes as you adjust the total expected gross monthly rent, the purchase price, or your desired GRM.

If you selected the option to calculate the GRM, the lower this number is, the quicker the property will “pay for itself.” If you selected the option to calculate the property value, compare this number with what you are paying for it to make sure that you are not over-paying for the property.