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Terms for Income and Expenses or How to Interpret an MLS Listing
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
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Bruce Johnstone