Definition
NOI is the primary income measure for real estate. It excludes debt service, capital expenditures, income taxes, and depreciation.
Revenue minus operating expenses, before financing and taxes.
NOI is the primary income measure for real estate. It excludes debt service, capital expenditures, income taxes, and depreciation.
A property with $150,000 in revenue and $60,000 in operating expenses has $90,000 in NOI.
Charges beyond base rent that the lease treats as rent for enforcement purposes.
Verifying credit, eviction history, income, and references for a rental applicant.
Net operating income divided by property value, expressed as a percentage.
The pro-rata share of shared-space upkeep charged to commercial tenants.
The state of a resident being past due on rent or other lease charges.
Money held by a third party until a specific condition is met.