Chris is looking to invest in a small commercial property to generate extra income. The...
60.1K
Verified Solution
Link Copied!
Question
Finance
Chris is looking to invest in a small commercial property to generate extra income. The property is 2,000 square feet and, it's listed at $725,750. It has a net income of $95,000 and an annual gross income of $120,500. What is the gross income multiplier for this property?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!