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Terms for Income and Expenses

The real estate industry uses a lot of abbreviations that can be confusing – but don’t worry! Below is a handy list of real estate terms to help you navigate buying, selling, or investing!
ADS

Annual Debt Service (generally just mortgage cost)

ADV

Advertising Cost

CABL

Cablevision Cost

CAP RATE

NOI ÷ Purchase Price

CFLO

Cash Flow

ELEV

 Elevator Cost

ERI

Effective Rental Income (Gross Rent Less Vacancy)

GARB

Garbage Cost

GOI

Gross Operating Income

HEAT

Heating Cost

HYDRO

Hydro Cost

INS

Insurance Cost

LAWN

Lawn/Landscaping Cost

LAUN

Laundry Income

MGMT

Management Cost

NOI

Net Operating Income

Othr

Other Costs ie. snow removal

PARK

Parking Income

PTAX

Property Tax Cost

PR/LEG

Professional/Legal Cost

SEC

Security Cost

SRI

Scheduled Rental Income (Annual)

TOE

Total Operating Expenses

VAC PERCENT OR VL

 Vacant Percentage or Vacancy Loss & Bad Debt

W/S

Water/Sewer Cost

WAGE

Caretaker Cost

Get In Touch

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    CONTACT

    Main: 613.296.8065

    Weekend: 613.279.3543

    Brokerage office: 613.801.8311

    Email: martin@martinelder.ca

    Main Office

    343 Preston St 11th Floor
    Preston Square
    Ottawa, ON
    K1S 1N4