Potential Gross Income


Definition of "Potential gross income"

Expected revenue to be earned from a sale or the rendering of services. An example is a potential buyer of an apartment house who must estimate the gross rentals to be received in order to determine a realistic offering price for the property.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ