The total revenue, given the net rent, laundry, parking, and utilities, is $500
Total revenue, commonly referred to as gross revenue, is the sum of money that your company makes through the sale of its goods or services over the course of a specific time frame. The sum of your recurring (MRR) and non-recurring revenue sources is your total revenue, commonly referred to as gross revenue.
In other words, it's the entire revenue generated by the sale of your company's goods and services.
Revenue in the context of real estate investments denotes the income produced by a property, such as rent, parking charges, or rent. Net operational income is the amount that results when operating costs incurred to maintain the property are deducted from property income (NOI).
The total revenue from these activities is therefore:
= Net rent - Laundry - Parking - Utilities
= 1, 000 - 200 - 200 - 100
= 1, 000 - 500
= $500
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