potential gross income


Also found in: Acronyms.

potential gross income

The maximum rental income possible from a property without vacancy or credit losses.

References in periodicals archive ?
One of Regency West's construction lenders provided estimates of potential gross income and expenses to the City for use in the 2012 valuation.
Potential gross income $60,000/month or $720,000/year Less: Vacancy allowance (say 5%) $36,000 Effective gross income (EGI) $684,000 Less: Expenses Management (say 5%) $34,200 Real estate taxes $80,000 Insurance (estimated at $300 per unit) $15,000 Repairs and Maintenance (estimated at $750 per unit) $37,500 Utilities $120,000 Misc.
The license accomodates 48 children at a time with a potential gross income of $250,000.
Her annual salary is $37,000, which brings the couple's potential gross income to $112,000.
At Everton Brow there was enough room for up to 600 people, generating a potential gross income of up to pounds 3m a year.
In very few industries is the monthly potential gross income known months in advance.
That's a potential gross income of $250 from each nest per year.
It is a simple ratio between unadjusted sale price and gross income that can be calculated using total potential gross income or effective gross income.
Testing parameters gauge portfolio health through projected future changes, including expenses, interest rates, vacancy rates and potential gross income, and produce reports on loan-to-value ratios (LTV), debt service coverage ratios (DSCR) and net operating income.
He combined the rents from these categories into a single income stream and applied a single vacancy rate to determine potential gross income.
Crest tests portfolios on future changes - vacancy rate, expenses, interest rates and potential gross income - and returns reports on loan-to-value ratios (LTV), debt cover ratios and net operating income.
Data Analysis Revenue Gross rent revenue $2,050,000 Add: NNN reimbursement $612,000 Potential gross income $2,662,000 Less Vacancy and credit loss $266,200 Effective gross income $2,395,800 Less Operating Expenses % of EGI Property tax $335,000 14.

Full browser ?