effective gross income (EGI)

Definition

The total property income which rents and other sources generate after subtracting a vacancy factor estimated to be appropriate for the property.

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You should try and figure out what your effective gross income would be at the new job and compare it to your current income.

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Compared to last quarter, the effective gross income data is much lower, and the company will have to evaluate options on how to tackle this issue.

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A 10 unit apartment building with $10,000 monthly rent had a $9,800 per month effective gross income after non-rental income and losses were added into the equation.

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effective exchange rate effective gross rent (EGR)