Gross Rent Multiplier Calculator
Gross Rent Multiplier Calculator
Quick price-to-rent screening ratio for comparing rental listings.
Quick price-to-rent screening ratio for comparing rental listings.
We Are Calculator
Professional Financial Tools
8/25/2026
High GRM — property is expensive relative to its rent
Free financial calculators, verified against primary sources like the IRS, CFPB and Federal Reserve. No sign-up, and every calculation runs entirely in your browser — nothing you type is ever sent to us.
Picked based on what this calculator does
Gross and net yield.
Open calculatorDebt service coverage ratio for rental property loans — NOI and PITIA methods, plus max loan at your target ratio.
Open calculatorModel Buy, Rehab, Rent, Refinance, Repeat with cash left in deal and CoC return.
Open calculatorCash flow, Cap Rate, and ROI.
Open calculatorSimple capitalization rate.
Open calculatorYield on actual cash invested.
Open calculatorThe Gross Rent Multiplier (GRM) Calculator gives investors a fast screening ratio for comparing rental properties before running a full cap rate or cash-on-cash analysis. GRM divides a property's price by its annual gross rent — no expenses, no financing, no NOI required.
A lower GRM generally means a property generates more rent relative to its price. GRM is a rough first-pass screen, not a substitute for Cap Rate or Cash-on-Cash Return, which account for operating expenses and financing.
Annual Gross Rent is simply Monthly Rent × 12, before any expenses are subtracted. Because it ignores expenses, GRM comparisons only make sense between properties with similar expense ratios (similar age, type, and location).
It varies heavily by market, but a GRM between 4 and 7 is often considered attractive for rental investors in many US markets — expensive coastal markets commonly run higher.
GRM needs only price and rent, so it's useful for quickly screening a large list of listings. Cap Rate requires knowing operating expenses, which usually means digging into each property individually — better for a shortlist, not a first pass.