Annual Gross Operating Income
| Annual Gross Potential Income | $27,720 | |||
| - | Annual Vacancy Dollar | - | $832 | |
| Annual Gross Operating Income | = | $26,888 |
Gross Operating Income unlike Gross Potential Income does take into account the impact of vacancy on the property.
For
Typical 25% Down Payment Gainesville, Florida Rental Property, we're estimating that the property is vacant 3% of the time. That means that we're not seeing $831.60 of the $27,720 that we thought we might get from the property.
Annual Gross Operating Income
| Annual Gross Potential Income | $27,720 | |||
| - | Annual Vacancy Dollar | - | $832 | |
| Annual Gross Operating Income | = | $26,888 |
