Terms for Income and Expenses or How to Interpret an MLS Listing

ADS – Annual Debt Service (generally just mortgage cost) ADV – Advertising Cost
CABL – Cablevision Cost
CAP RATE – NOI ÷ Purchase Price
CFLO – Cash Flow
ELEV – Elevator Cost
ERI – Effective Rental Income (Gross Rent Less Vacancy)
GARB – Garbage Cost
GOI – Gross Operating Income
HEAT – Heating Cost
HYDRO – Hydro Cost
INS – Insurance Cost
LAWN – Lawn/Landscaping Cost
LAUN – Laundry Income
MGMT – Management Cost
NOI – Net Operating Income
Othr – Other Costs ie. snow removal
PARK – Parking Income
PTAX – Property Tax Cost
PR/LEG – Professional/Legal Cost
SEC – Security Cost
SRI – Scheduled Rental Income (Annual)
TOE – Total Operating Expenses
VAC PERCENT OR VL – Vacant Percentage or Vacancy Loss & Bad Debt
W/S – Water/Sewer Cost
WAGE – Caretaker Cost