What this calculator does
Gross rent multiplier (GRM) works out a quick screen of property price against the rent it collects, before expenses. Enter your own figures above and the answer updates as you type: nothing is fixed in the code, so the result reflects exactly the numbers you supply.
The formula this calculator evaluates is printed under the tool and explained below, so you can check the working by hand or reuse it in a spreadsheet.
The formula
FormulaGRM = Property price / Gross annual rental income
The inputs explained
| Field | What to enter |
|---|---|
| Property price ($) | A number, measured in your currency. Starts at 400000. |
| Gross annual rental income ($) | A number, measured in your currency. Starts at 36000. |
| Target GRM for comparison | A number. Starts at 10. |
Worked examples
Every figure in the tables below is produced by this page’s own calculator at build time, so the numbers and the tool always agree. Select any row to load that scenario.
How the answer changes with property price
Every other input is held at the calculator’s starting values while property price varies. Select any row to load that scenario into the calculator.
How the answer changes with property price