Assertion: concession | /r/HasProperty | subtracted
Facets:
value: in order to determine the net rental income
type: PURPOSE
value: from the gross rental income
type: OTHER
value: typically
type: DEGREE
Source sentences:
text: When underwriting the Net Cash Flow at an asset, concessions are typically subtracted from the Gross Rental Income in order to determine the Net Rental Income — which also factors in things like vacancy and unpaid rent that’s deemed ‘uncollectible’.