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    Real Estate Principles
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    Exam 8: Valuation Using the Income Approach
  5. Question
    Given the Following Information, Calculate the Effective Gross Income Multiplier
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Given the Following Information, Calculate the Effective Gross Income Multiplier

Question 2

Question 2

Multiple Choice

Given the following information, calculate the effective gross income multiplier. Sale price: $950,000, Potential Gross Income: $250,000, Vacancy and Collection Losses: 15%, and Miscellaneous Income: $50,000.


A) 0.36
B) 0.30
C) 2.8
D) 3.6

Correct Answer:

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