Gross Rent Multiplier Calculator
GRM of a rental and its value at the market multiplier.
How it works
GRM = property price ÷ gross annual rent. Gross yield = annual rent ÷ price × 100, which is the same idea turned upside down. Value at the market GRM = annual rent × market GRM. A lower GRM than the market suggests a better price for the rent, though GRM ignores expenses, so check the cap rate as well. Example: A $300,000 property renting for $2,000 a month has a GRM of 12.5 and a gross yield of 8.00 percent. At a market GRM of 11 it would be worth $264,000, so the asking price is $36,000 higher.
FAQ
Is this calculator free?
Yes. No signup is needed and nothing you enter is stored.
Is the result exact?
Results are rounded for display. For financial, medical, or legal decisions, confirm with a professional.
Do my numbers leave my device?
No. The calculation runs in your browser.