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Gross Potential Rent is the total potential rental revenue at a commercial or multi-family residential property, assuming the existing rents in place as well as the market rent values of all vacant units. Certain management companies may label this GL line item by another descriptor such as "Net Market Rents."
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How do you calculate economic occupancy for a apartment complex?
Total net income divided by gross potential rent
How much money did Rent gross worldwide?
Rent grossed $31,670,620 worldwide.
How much money did Rent gross domestically?
Rent grossed $29,077,547 in the domestic market.
What are the release dates for Renovate to Rent - 2013 Reaching Rent Potential 1-7?
Renovate to Rent - 2013 Reaching Rent Potential 1-7 was released on: USA: July 2013
10000 mothy rent gross income rent multiplier 10 what is value of property?
$1,200,000
Industrial gross lease?
An industrial Gross Lease is an arrangement where the tenant pays rent plus a share of services. Taxes and insurance are already included in the base rent.
What commercial lease is not commonly used Triple net lease Gross lease Net lease double gross lease double net lease?
Rent based on a percentage rent.
What percent of their gross income does the Garcia family receive from their rent houses if they receive 609.70 a month in rent and earn 2345 a month?
Total Income = 60000 Rental Income = 2345 % income from rent = 2345 / 60000 * 100 = 3.9% Kendricks receive 3.9% of his gross income through rent.
What is the difference between potential gross income and effective gross income?
One is better than the other.
If you pay 925.00 a month rent and my take home pay is 2500 what percentage goes to rent?
Generally, rent as a percentage of income is based on one's GROSS income (before taxes, insurance, and other deductions). Gross income should be obvious if you are salaried and easily calculable by multiplying your hourly wage by 2080 if you are a fulltime hourly employee. Obviously, working backward can be more difficult because you must take into account your own situation and taxes. Under the assumption you are in a 25% tax bracket, 2500 net take home is approximately 2500 x (100 "gross"/75 "net") or just over 3300 gross income. 925/month rent is approximately 925 rent/3300 "gross" x 100% or 28% of your gross income.
What percentage of restaurant gross sales should go to rent?
6% to 8% of gross salesRestaurant Rent: How Much is Too Much?By Richard D. Williams, MAITuesday, 31st October 2006http://www.4hoteliers.com/4hots_fshw.php?mwi=1661
What is the potential relationship between gross sales and profits?
The potential relationship between gross sales and profits is that as gross sales increase, there is a possibility for profits to increase. However, it is important to note that gross sales alone do not determine profitability. Other factors such as expenses, cost of goods sold, and operational efficiency also play a role in determining the level of profits.
