Miscellaneous Income

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Miscellaneous Income (Also called Other income) is income from sources other than rent.  These may contribute significantly to the cash flow and, therefore, to the value of the property.  Other income includes items such as:

 

Vending machines
Coin operated laundry
Income from parking

 

Other income can add considerably to the potential gross income and to the value of the property.

 

Miscellaneous is added to Potential Gross Income when estimating Effective Gross Income

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