Property Valuation
A South Carolina property's 'potential gross income' (PGI) assumes:
A100% occupancy at market rents✓ Correct
BActual occupancy levels based on recent history
C90% occupancy as a standard vacancy factor
DOnly current tenant rents without projections
Explanation
PGI assumes 100% occupancy at market rents for all rentable space. It is the maximum income the property could generate if fully occupied at market rates.
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