What is the formula for calculating gross income from multiple rental units?

The formula for calculating gross income from multiple rental units is mainly represented by the sum of all monthly rents. This means that to find the total gross income generated by various rental properties, you would take each unit's monthly rental amount and simply add them together.

This method provides a clear picture of the total income before any expenses or deductions are taken into account. It's important to differentiate gross income from net income, which considers costs such as maintenance, property management fees, taxes, and other expenses that would reduce the income generated.

Other options, while relevant to property management or income evaluation, do not correctly represent the gross income calculation. For instance, annualizing weekly rents might not reflect a full and accurate picture as it limits the calculation scope. Similarly, net total after expenses focuses on net income, and average rent per unit provides limited insight into total gross income without summation. Therefore, the comprehensive approach of summing all monthly rents is the right choice for determining gross income from multiple rental units.