Computes the multiple of annual rent a property price represents.
Property price — Price charged. Compare to market to ensure competitiveness while covering costs. Example: 0.1.
Property price is required
annual gross rent — Financial input. Directly drives affordability, yield, or cost; small changes compound over time. Example: 0.101.
annual gross rent is required
Computes the multiple of annual rent a property price represents.
Formula
grmRatio = propertyPrice ÷ annualGrossRent