question is complete no other info given You are considering purchasing a duplex...
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You are considering purchasing a duplex (2 attached houses) for an investment. Using the average gross income multiplier (GIM) from comparable sales, what is the indicated value of the subject property (rounded to nearest thousand)? Comp 1 Comp 2 $800,000 $850,000 Comp 3 $900,000 Subject TBD Recent sale price Effective Gross Income (EGI) $160,000 $180,000 $200,000 $175,000 $830,000 O $840,000 O None of these are correct O $860,000 O $820,000
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