Gross Income Multiple is the Sale Value divided by the Gross Income, testing the assumption for the appreciation of the property.

Considers:

• Scheduled Income (Gross Income), Sale Value

Ignores:

• Vacancies (now and future), Lease terms, Revenue Growth , Rent Control, Expenses, Expense Growth, Property Taxes, Property Tax Growth, Deferred Maintenance, Debt Amount (Ratio), Interest Rate, Interest Rate Changes, Payment Changes, Prepayment Penalties, Depreciation, Capital Expenditures, Income Taxes, $25,000 Exemption, Passive Losses, Appreciation, Capital Gains Tax
  
  ... and a lot of other things

What is the Gross Income Multiple Sensitive to:

Gross Scheduled Income (Potential with No Vacancy), and Sale Value.