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 RentB3= Units
Related terms
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