Gross Rental Income
Total rent or booking revenue before any expenses. It is a headline figure, not the number lenders qualify on and not what reaches your pocket after costs.
Gross rental income is the top-line number: all the rent or booking revenue a property brings in before a single expense is subtracted. It is the figure that looks best in a listing pitch, but it is not the money you keep and not the income a lender will underwrite.
The gap between gross and usable income can be large once cleaning, management, supplies, vacancies, and debt service come out. Lenders know this, and for short-term rentals they tend to discount the gross figure heavily or lean on documented results instead, because projected booking revenue is volatile and easy to overstate.
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Guides that put this term to work
Related terms: Qualifying Income , Net Operating Income (NOI)
Last updated . Part of the FinExplained finance glossary .