income from property or business after operating expenses have been deducted, but income taxes and financing expenses (interest and principal payments)
The actual or anticipated net income that remains after all operating expenses are deducted from effective gross income, but before mortgage debt service and book depreciation are deducted
The profit of the company before the appropriations detailed in the income statement Most income statements begin with a statement of the company’s turnover, which is not arithmetically related to the rest of the income statement The next figure is net operating income from which the interest paid extraordinary items, taxation, transfer to reserve, preference and ordinary dividends are subtracted to arrive at the retained income for the year
The balance remaining after deduction of operating expenses from gross receipts and gross rental, but not including the deduction of debt service on mortgages Free and clear return on property is calculated by the ratio of NOI to total investment including mortgages and equity This gives a direct means of comparing the return on different properties
The balance remaining after deduction of operating expenses from gross receipts and gross rental, but not including the deducting of debt service on mortgages Free and clear return on property is calculated by the ratio of NOI to total investment including mortgages and equity This gives a direct means of comparing the return on different properties
(NOI) = Annual Gross Income minus all operating expenses (including property taxes, maintenance, vacancies, utilities etc ), but before financing or mortgage payments (annual debt service) are deducted This is often referred to as the "net" from the property
The amount left after subtracting vacancy and collection losses and property operating expenses, including property insurance and taxes, from an income property's gross potential rental income