![What is Effective Gross Income (EGI)? – Formula Effective Gross Income](https://globaltimetoday.com/wp-content/uploads/2023/10/Per-2-min-600x400.jpg)
What is Effective Gross Income (EGI)? – Formula
A financial term known as effective gross income is used in real estate and property management to assess the income produced by a rental property or real estate investment. Effective gross income indicates the overall income from a property after certain costs have been taken into account but before other running costs, including property management costs, property taxes,…