The estimated sale price is $468,000.
What is sales price?
A sales price means the price derived from sales of a product
Given Information
Monthly gross income is $3000
Suitable gross income multiplier derived from market data is 13
Estimated sale price = Monthly gross income * 12 months * Multiplier
Estimated sale price = $3000 * 12 * 13
Estimated sale price = $468,000
In conclusion, the estimated sale price is $468,000.
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