Meaning a total income that is generated by the functionality of a site before the operating expenses. To calculate it, take the gross potential income plus any other income that is affected by vacancy and subtract the estimated annual losses due to non-payment or vacancies.
Gross Operating Income
Meaning a total income that is generated by the functionality of a site before the operating expenses. To calculate it, take the gross potential income plus any other income that is affected by vacancy and subtract the estimated annual losses due to non-payment or vacancies.