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book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
book Real Estate Principles 3rd Edition by David Ling,Wayne Archer cover

Real Estate Principles 3rd Edition by David Ling,Wayne Archer

Edition 3ISBN: 978-0073377322
Exercise 15
If a comparable property sells for $1,200,000 and the effective gross income of the property is $12,000 per month, the effective gross income multiplier is:
A) 0.12
B) 8.33
C) 100
D) 0.01
E) 10
Explanation
Verified
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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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