Vacancy Rate

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August 25, 2024 3 min read Definitions
Occupancy Level: Measurement of Rented Units
Real Estate Economics Occupancy Level Real Estate Metrics Property Management Rental Properties Vacancy Rate
An in-depth look at Occupancy Level, its significance, factors influencing it, and comparisons to related terms such as Vacancy Rate.
Read more about Occupancy Level: Measurement of Rented Units.
August 25, 2024 3 min read Definitions
Vacancy Rate: Percentage of Unoccupied Units or Space
Real Estate Finance Investments Vacancy Rate Real Estate Rental Properties Income Statement EGI
The vacancy rate represents the percentage of all units or spaces that are unoccupied or not rented. It is a crucial metric in real estate and finance, used to estimate the vacancy allowance on a pro-forma income statement, which is then deducted from Potential Gross Income (PGI) to derive Effective Gross Income (EGI).
Read more about Vacancy Rate: Percentage of Unoccupied Units or Space.

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