Property Valuation
A Wyoming commercial property's effective gross income (EGI) is calculated as:
APotential Gross Income − Vacancy and Collection Losses✓ Correct
BNet Operating Income + Operating Expenses
CPotential Gross Income + Vacancy Allowance
DScheduled Rent − Property Taxes
Explanation
Effective Gross Income (EGI) = Potential Gross Income (PGI) − Vacancy and Collection Loss Allowance. EGI represents the income the property is likely to actually generate after accounting for vacancies and uncollected rent.
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