[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-401888-105":59,"doc-detail-401888-en":123},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":116,"head_meta":118,"extra_data":120,"updated_unix":122},105,"en","real-estate-exam-prep-1-gross-rent-multiplier","Real Estate EXAM PREP - 1 - Gross Rent Multiplier","","Real Estate exam preparation cheat sheet focused on rental-property valuation and income calculation. Covers Gross Rent Multiplier (GRM) and Gross Income Multiplier (GIM) with step-by-step finding of value, income, and rate, using worked numerical examples. Includes depreciation basics using the age-life method, plus Net Operating Income (NOI) computations: Potential Gross Income (PGI), vacancy and collection losses, Effective Gross Income (EGI), expenses, and resulting NOI.",{"@graph":69,"@context":115},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/real-estate-exam-prep-1-gross-rent-multiplier/401888/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/real-estate-exam-prep-1-gross-rent-multiplier/401888.png","ImageObject",300,407,{"name":92,"@type":93},"EvelynWrites","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-28","2026-09-27",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",11,{"@type":107,"mainEntity":108},"FAQPage",[109],{"name":110,"@type":111,"acceptedAnswer":112},"What is the flow from PGI to EGI to NOI in the income approach?","Question",{"text":113,"@type":114},"Start with Potential Gross Income (PGI) from total rental and other income, subtract vacancy and collection losses to get Effective Gross Income (EGI), then subtract other income expenses to arrive at Net Operating Income (NOI).","Answer","https://schema.org",{"og:url":83,"og:type":117,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":119,"canonical":83},"index,follow",{"doc_id":121,"site_id":62},401888,1790846667,{"code":4,"msg":5,"data":124},{"doc_id":121,"user_id":125,"nickname":92,"user_avatar":126,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":127,"file_id":128,"file_url":129,"file_type":130,"file_size":131,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":132,"language":133,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":134,"faqs":135,"seo_title":136,"seo_description":67,"update_tm":137,"read_time":138,"preview_page_count":4},687212989558,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Real Estate EXAM PREP  \nCHEATSHEET  \n[www.realestateexamninja.com](www.realestateexamninja.com)  \nGROSS RENT MULTIPLIER  \nFINDING VALUE  \nGRM  \n GROSS RENT INCOME  \n SALES PRICE (VALUE)  \nAPPRAISAL MATH - 1  \nFINDING GRM  \nSALES PRICE  \nGROSS RENTAL INCOME  \n GRM  \nEXAMPLES  \n$180,000 (Sales Price). Monthly Rental Income of $1,500. GRM of 120.  \n(Finding Value) 120 x $1,500 = $180,000 (Value)(Finding GRM) $180,000 / $1,500 = 120 (GRM  \nGROSS INCOME MULTIPLIER  \nFINDING VALUE  \nGIM  \n GROSS INCOME  \n SALES PRICE (VALUE)  \nEXAMPLE  \n$600,000 (Value). Annual Income of $62,500. GRM of 9.6  \n(Finding Value) 9.6 x $62,500 = $600,000 (Value)  \n(Finding GIM) $600,000 / $62,500 = 9.6 (GRM)  \nFINDING GIM  \nSALES PRICE  \nGROSS INCOME  \n GIM  \nDEPRECIATION  \nAGE-LIFE METHOD OF DEPRECIATION  \nEFFECTECONOIVMIE~~ ~~AGC~~ ~~LIFEE  %(DEPRECIATED)  \nEXAMPLE  \nRoof of the home is effective 5 years old (Effective Age) and has a total economic life of 20 years.  \n5/20 = .25 or %25 (depreciated)  \n[realestateexamninja.com](realestateexamninja.com | 2)[ | 2](realestateexamninja.com | 2)  \n\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  | IV | R | (I | N | CO | M | E | R | A | TE, |  | V | AL | U | E) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | P | R | A | I | S | A | L |  |  | A | T | H |  |  | 2 |  |  |\n|  |  |  |  |  |  |  |  |  |  | , |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  | FI | ND | IN | G | IN |  | M | E |  |  |  |  |  |  |  | FI | N |  | G | R | AT | E |  |  |  |  |  |  |  |  | F | IN |  |  | V | AL | UE |  |  |  |  |  |  |  |  |  |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  |  | RA | TE |  | | V | AL | UE |  | | IN | C |  | E |  |  | IN | COM |  | E |  |  | RA | TE |  |  |  |  |  |  |  | IN | C | OM | E |  |  | RATE |  |  |  |  |  |  |  |  |  |\n|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | VALUE |  |  |  |  |  |  |  |  |  |  |  |  |  |  | R | AT | E |  |  |  |  |  |  |  |  |  |  |  |  |  |\n|  |  | E | X | AM | P | L | ES |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |\n\n AP M -  \nCO DIN DING  \nOM  \nIncome of $7,000. Rate of 7%. Value of $100,000.  \n(Finding Income) .07 x $100,000 = $7,000 (Income)  \n(Finding Rate) $7,000 / $100,000 = .07 or 7%(Rate)(Finding Value) $7,000 / .07 = $100,000 (Value)  \nNET OPERATING INCOME (NOI)  \nTHE BREAKDOWN OF DIFFERENT INCOME TYPES  \nALL RENTAL INCOME   \nOTHER INCOME   \nPOTENTIAL GROSS INCOME (PGI)  \nPGI  \n VACANCY & COLLECTION LOSSES  \n EFFECTIVE GROSS INCOME (EGI)  \nEGI  \n ALL OTHER INCOME EXPENSES  \n NET OPERATING INCOME (NOI)  \nEXAMPLES  \n$28,500 (Annual rental income). Other Income of $2,600.Vacancy loss of $1,187. Collection loss of $500. Other expenses of $6,300.  \nTASTY TIP  \nRULE OF MATH  \nIf it seems easy, you are doing it wrong.  \n(unl","cbCaikUXGa0T2wrh","https://ap.wps.com/l/cbCaikUXGa0T2wrh","pdf",786628,23,"English","# Gross Rent Multiplier (GRM) - Finding Value\n## Gross Income Multiplier (GIM) - Finding Value\n# Depreciation - Age-Life Method\n# Net Operating Income (NOI)\n## Potential Gross Income (PGI) to Effective Gross Income (EGI) to NOI","[{\"question\":\"What is the flow from PGI to EGI to NOI in the income approach?\",\"answer\":\"Start with Potential Gross Income (PGI) from total rental and other income, subtract vacancy and collection losses to get Effective Gross Income (EGI), then subtract other income expenses to arrive at Net Operating Income (NOI).\"}]","Real Estate EXAM PREP - 1 - Gross Rent Multiplier | PDF",1790524823,58]