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Effective Gross Income
Effective gross income is a property revenue measure for a stated operating period.
Effective gross income (EGI) is a property revenue measure for a stated operating period. In Fannie Mae’s DUS Insights reporting, it represents total revenue in the latest operating statement submitted by the servicer.
Property operations example: record the statement period and included revenue categories before comparing EGI with operating expenses. Keep the reported figure separate from an estimate based on market rents.
Source: Fannie Mae, DUS Insights Glossary.
Frequently Asked Questions
What reporting period accompanies EGI?
Use the period covered by its operating statement. Label that period when comparing figures, so different numbers of months are not treated as equivalent.
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