gross potential rental income
Also found in: Acronyms.
gross potential rental income
The total rent possible from a property if it were 100 percent leased at market rates (with no deductions for bad debt,) but does not include ancillary income like laundry machines or late fees.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.