Multiply that by twelve months and apply an appropriate expense ratio.  

He's projecting unemployment to increase from mid 3s to high 4s, which represents 1.3m to 1.5m job losses (he sticks to the % unemployment rate, but journalists and myself keep multiplying by labor force participation rate to express it as a number of job losses - he has never "corrected" a journalist for asserting target job losses to be in the 1.3m to 1.5m range, so both he and the journalists agree on the number, JPOW simply chooses to use unemployment %, while journos use unemployed persons in the millions rather than a %).

Hi, I am trying to find what the average or standard rates are for Gross Rent Multiplier (GRM) in the Miami-Dade area (North Miami) - can anyone guide me as to where to find this information?

The assessed value for the previous year is multiplied by the levy rate equaling the total amount due.

If you are familiar with the market rents then it would be easy and more accurate to utilize Gross Rent Multipliers. 

So, I'm full-time now.Now, it's time to learn about trading money for time like "rich" people do instead of trading time for money like W2's do ... making money work for you like "rich" people do, instead of you working for money like W2's do ... and multiplying yourself by hiring others like "rich" people do.

When determining the value of a 3-4 unit property, which is more useful- the Gross Rent Multiplier or the Capitalization Rate?

Multiply that by your SQFT.

I have ran the numbers every direction and most every property in the area violates the rules on this site (50% rule, etc) The cap rates are low 6s and the gross multipliers are well north of 10.

The blurb says the property is always rented.List price 94000 price per sq '=$79.069.54 gross rents multiplier.09 cap rate list price $94000average rent 775Gross Sched Rents 9,300 Vacancy Loss 0 Other Income 552 Adjusted Gross 9,852 Total Expenses 1,436 Net Operating Income 8,416 Cap Rate 0.090 Grss Rent Multiplier 9.54 Exp/SqFt 1.00 Admin.