Given the Following Information, Calculate the Effective Gross Income Multiplier

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

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Definitions:

Appearance

The way in which individuals present themselves or are perceived by others, including physical looks, clothing, and grooming.

Genetic Composition

The total makeup of genes in an individual or organism, determining inherited characteristics.

Violence

The use of physical force or power to inflict harm, damage, or violate others, can occur at various levels including personal, community, and institutional.

Males

Male individuals of a species, especially humans, distinguished biologically by chromosomes, reproductive organs, and secondary sexual characteristics.