James Jordan purchases single-family residences to use as residential rental properties. He currently owns 4 properties in the same approximate geographic area, and is considering the purchase of another single-family residence situated nearby. In order to avoid the cost of an appraisal, Jordan uses the Gross Rent Multiplier (GRM) to help him make an appropriate offer. Jordan knows that the monthly GRM for his 4 current properties is 200. In order to maintain a GRM of 200 for a property with a current monthly rent of $2,500, how much should Jordan's offer be?