The income from a property or business left over after the costs of operating the property or business have been paid.
Income generated by all facility revenues minus total facility operating expenses, defined as labor, benefits, property taxes, insurance, raw food, utilities, management fees and other operating expenses. NOI excludes debt service, depreciation, amortization, income taxes, partnership expenses, capital expenditures and reserves above normal repair and maintenance.
The income expected from a property, after deduction of allowable operating expenses. Also referred to as NOI.
The income available to the owners after fixed charges and a reserve for replacement, but before interest, income taxes, depreciation, and amortization.
refers to the difference between operating income and operating expenses.
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.
Also referred to as NOI -- As used in the Income Approach -- As used in an operating income statement, the process of subtracting from the potential gross operating income the vacancy loss, variable expenses, fixed expenses and the reserves for replacement.
The amount of revenue from utility operations remaining after operation and maintenance expenses, depreciation expenses, and taxes are deducted. The revenues and expenses that produce net operating income are commonly referred to as “above-the-line” items.
a measure of cash flow that excludes the effects of financing decisions. NOI is calculated as earnings before interest and taxes multiplied by one minus the tax rate. Also known as profit after taxes (NOPAT).
Total income of a property less operating expenses, but before mortgage payments and tenant improvements and leasing commissions (TI/LC).
Effective Gross Income minus Stabilized Expenses and Reserves.
A property's Gross Operating Income less the sum of all operating expenses. NOI represents a property's profitability before consideration of taxes, financing or recovery of capital.
Effective gross income less the annualized operating expense equal NOI. The annual net income remaining after subtracting all fixed and operating expenses but before deducting financial charges such as debt service or recapture.
A property’s gross income (scheduled rents and 100% vacancy factor) less its total annual expenses (including management costs, utilities, services, repairs, a vacancy factor and a credit loss factor) plus any additional other income (vending machines, coin laundry operations, etc.). Principal and interest payments on the mortgage and tax liability are not included.
Gross annual income less vacancies, uncollectible rents, and other operating expenses.
Gross income minus any operating expenses. Debt service is not deducted as an expense.
The income from an income-producing property, less costs for vacancy and operating expenses.
From income producing property, the gross income minus the total of all expenses except for debt service. Cash flow is defined as NOI minus the total of all debt service payments.
Gross Income less Operating Expenses, but before deducting debt service and income taxes.
(NOI) Income from a property after all expenses and reserves have been deducted, except for income taxes, and financing expenses. (interest and principal payments)
Effective gross revenue less operating expenses.
The net interest margin less provisions for losses and operating expenses plus other operating income.... read full article
Income from property or business after operating expenses have been deducted, but before deducting income taxes and financing expenses (interest and principal payments).
The effective gross income from a property minus operating expenses.
The income amount remaining after all operating expenses have been paid. For more information, see the "Real Estate Investment Analysis Tools" article in the "Real Estate Investing" section.
Income - expenses excluding interest expense and income taxes. That is, only operating expenses are included.
is income after deducting for operating expenses but before deducting for income taxes and interest.
is the operating income for a company; how much profit is made from operations. In our model, Net Operating Income equals Net Income + Depreciation + Amortization + Interest Expense + Income Taxes + Extraordinary Gains or Losses.
The cash remaining after deducting operating expenses from gross income.
the amount by which income exceeds expenses, before considering taxes and interest
The potential rental income plus other income, less vacancy, credit losses, and operating expenses.
The income projected for an income-producing property after deducting losses for vacancy, collection and operating expenses.
Income that remains after deducting all fixed and operating expenses. NOI computation excludes debt service and all noncash items such as depreciation, amortization, etc.
A property's Gross Operating Income less the sum of all operating expense s excluding property taxes and debt service.
The amount of money collected after all expenses have been paid, excluding debt service.
Total income less operating expenses, adjustments, etc., but before mortgage payments, tenant improvements and leasing commissions.
Income remaining after operating expenses are deducted from effective gross income.
In rental properties, this is the gross income from rents and other sources minus the vacancy allowance and operating expenses. The net operating income is the amount available for making loan payments (debt service) and paying investors (cash flow).
Sellers and their agents, typically arrive at the advertised NOI by using gross scheduled rents and ignoring deductions for such things as uncollected rent, vacancies, redecorating, adjustments for deferred maintenance and management costs.
Income after dividends and taxes (excluding realized capital gains).
In the valuation process the annual income available after operating expenses and real estate taxes to service the debt and provide the owner with a return on his investment.
A before-tax computation of gross revenue less operating expenses and an allowance for anticipated vacancy. It is a key indicator of financial strength.
Gross income less vacancy and collection loss, operating expenses and replacement reserves. (NOI)
Income derived from a real estate investment after deducting all fixed and variable expenses from gross operating income but before deducting annual debt service and tax liability.
The income before interest and taxes are subtracted. Syn: earnings before interest and taxes.