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VACANCY PERCENT – the percentage of all units or space that is unoccupied or not rented. On a pro–forma income statement a projected vacancy rate is used to estimate the vacancy allowance, which is deducted from potential gross income to derive effective gross income.
VACANCY – unoccupied units as a percentage of the total number.
Hello Jeff, thanks very much. You guys are as bad as I am working till 9–10PM. Ah the ...
- Mike Carnevale | Creamer Mortgage and Loans
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