Effective Gross Income

Effective Gross Income (EGI)
Effective Gross Income (EGI) represents the potential gross income generated from rental real estate, adjusted for a vacancy and collection allowance, plus any miscellaneous income.
Vacancy Rate
Vacancy rate is a key metric used in real estate to measure the percentage of all units or space that is unoccupied or not rented. It is essential for estimating potential income and making informed investment decisions.

Accounting Terms Lexicon

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