Full Definition of SITE. 1. a: the spatial location of an actual or planned structure or set of structures (as a building, town, or monuments) b: a space of ground occupied or to be occupied by a building. 2. See site defined for English-language learners. See site defined for kids. ADVERTISEMENT.
Annual gross income is the amount of money you earn annually before any deductions take effect. Since deductions can vary from month to month, annual gross income is a more reliable figure for lenders to utilize.
Net operating income is a measure of the profitability of a real estate investment. It is used to examine the underlying cash flows of an investment before the effects of taxes and financing costs are considered. A net operating income analysis is developed by prospective investors as part of their formulation of the value to place on a property.