Net Operating Income Noi


Definition of "Net Operating Income (NOI)"

Shawn Hermansen
  RE/MAX Encore II

Gross income of a rental property minus allowance for vacancies and operating expenses, excluding depreciation and debt repayments.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Predatory Lending

A variety of unsavory lender practices designed to take advantage of unwary borrowers. Predatory le ...

Required Cash

The total cash required of the home buyer/borrower to close the purchase plus loan transaction or t ...

Ocean Marine Insurance, War Risks

Coverage on cargo in overseas ships for war-caused liability excluded under standard ocean marine in ...

Incurred But Not Reported Losses (ibnr)

Insured losses that have occurred but have not been reported to a primary insurance company. These t ...

Automobile, Boat, And Aircraft Insurance

Coverage for motorized vehicles, each of which requires separate policies for property damage and li ...

Broad Form Personal Theft Insurance

Coverage on an all risks basis for loss due to theft or mysterious disappearance of personal propert ...

Related Real Estate FAQ

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

What Is Freddie Mac?

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

What Is An Assumable Mortgage?

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What Must I Disclose When Selling My Home? What is Hazard Insurance? 10 Tips for Homebuyers Rent or Buy - the pros and cons How To Get A Loan with Bad Credit

FAQ

What do I need to know about Pet Insurance? What is principal? What is a buyer’s agent? I need Hospital Insurance in addition to my current health insurance policy? What is a subdivision?