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Gross Potential Rent (GPR)

Gross potential rent (GPR) is the total rent a property would collect if every unit were leased at market rent with zero vacancy. It's the starting point for building a pro forma, before subtracting vacancy and adding other income.

Example

100 units renting for $1,500/month have a GPR of $1,800,000.

Formula

Market Rent × 12 × Units = GPR

Excel Formula:

=B2*12*B3
  • B2 = Monthly Market Rent
  • B3 = Units
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