This is calculated by adding the potential rental gross income and other income and subsequently subtracting the credit costs and vacancy of a property. Effective gross income establishes the value of a rental property and the cash flow it could possibly generate.
Effective Gross Income
This is calculated by adding the potential rental gross income and other income and subsequently subtracting the credit costs and vacancy of a property. Effective gross income establishes the value of a rental property and the cash flow it could possibly generate.
