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effective gross income

   Also found in: Acronyms 0.02 sec.
effective gross income

The anticipated gross income from a rental property after deducting an estimated amount for vacancies and bad debt.



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There are tremendous expenses, and you are left over with an NOI of $452,000 on an effective gross income of $12.
The performance decline is due to a slight drop in effective gross income accompanied by an increase in operating expenses.
The performance decline is due to a slight drop in effective gross income (
 
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