In real estate, Gross Income refers to the total income generated by a property or business before any expenses are deducted. It includes all scheduled or potential income, whether actual or estimated, such as rent, service fees, or other revenue sources.
Gross income is a key figure in property valuation and investment analysis, as it provides the starting point for calculating net operating income. From gross income, operating expenses and vacancies are subtracted to determine the property’s true earning performance.
