Now figure your gross rents and multiply by the GRM and you have a market value. 

Then count the tabs from the bottom to the top and multiply by 5, then divide by 12.

There are good folks, seems like the bad apples are multiplying or they are just more obvious.

Multiply that by number of units and 12 months and divide that by the purchase price of the property and you have your cap rate.

You used the term GRM which I took to mean Gross Rent Multiplier.

Well, I only believe a seller when they tell me something negative, then I multiply the matter 10 fold. 

The rent multiplier figure provided by broker is 7.18 and Cap rate is 10.35. 

There are faster ways to multiply equity, but they come with more risk.Here is my biased pro/con list for syndication vs SFR/small multis.

Clifford, this comes up a lot on BP, so it's worth your time to research what else has been written.Short answer: leverage allows you to scale faster and multiplies your returns at the "cost" of more risk and restrictions (e.g., meeting lender underwriting requirements).Something to keep in mind: you can buy cash and then finance later.

Your rent to cost multiplier of 0.88% could be profitable in a higher rent market.