Gross Rent Multiplier (GRM) Analysis For Income-Producing Properties 1. Subject Property Rental Information Property Address / ID Property Type SFH Duplex Triplex Quadplex 5+ Units Mixed-Use Estimated Monthly Market Rent ($) Gross Annual Rent (Calculated) 2. Comparable Rental Properties (Income & Sales Data) A. Active/Pending Comparables (3 entries minimum) B. Sold Comparables (3 entries minimum) 3. Market GRM Range Lowest GRM (from comps) Highest GRM (from comps) Typical/Median GRM (Your Estimate) Narrative (Justification for GRM Range) 4. Subject Value Estimate (GRM Approach) Subject Gross Annual Rent Value Estimate (Low GRM) Value Estimate (High GRM) Reconciled GRM Value ($) 5. Summary & Reconciliation GRM Value vs. Sales Comparison (CMA) Value Commentary on Investor Demand, Rent Strength, and Vacancy Risk Final Reconciled Conclusion