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SUMMARY:Gross Income Multiplier
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/fae7bdd8244782d68b03b8567ac5f081?ref=outlook-calendar
DESCRIPTION: Formulas Gross Income Multiplier = Sales price ÷ Annual income Sales price = Annual income x Gross Income Multiplier Annual income = Sales price ÷ Gross Income Multiplier
Note: Gross income multiplier is often abbreviated as GIM.
Examples: 1. What is the value of commercial property with an annual income of $33,600 and a GIM of 9.3?
$33,600 income x 9.3 GIM = $312,480
2. What is the GIM of commercial property with an annual income of $33,600 and a value of $312,480?
$313,600 price ÷ $33,600 = 9.3 GIM

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