Net operating income is the revenue from a property after operating expenses have been deducted, but before deducting income taxes and financing expenses (interest and Principal Payments). For...4/20/2012
DefinitionNet operating income is the revenue from a property after operating expenses have been deducted, but before deducting income taxes and financing expenses (interest and Principal Payments). For example, Gross Income - Operating Expenses = Net Operating Income (NOI).