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.
Mentioned in ?