Gross Rent Multiplier Calculator
Calculate a rental property’s gross rent multiplier (GRM), the price divided by a year’s rent, to compare properties quickly.
Result
Gross rent multiplier
8.33
- Rent per year
- $60,000.00
- Monthly rent as % of price (the 1% rule)
- 1%
Common questions
What is a good gross rent multiplier?
Lower is better: it means fewer years of rent to pay back the price. Many investors look for a GRM between 4 and 10, but it varies a lot by market.
What is the 1% rule?
A quick screen that says monthly rent should be at least 1% of the price. A $200,000 house should rent for $2,000 a month or more.