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Define Net in Real Estate

Net: 

"Net" refers to the amount of money or profit left over after everything else has been paid or subtracted. It's like the bottom line or the final amount that you're left with. For example, your net income is your take-home pay after taxes and other deductions.

Example: 

For example, let's say you make $1,000 a week at your job, but after taxes, insurance, and retirement contributions, you only bring home $750. Your net income is $750, which is the amount you actually get to keep and use for your expenses.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

"Net" is the money left in your hand,
After everything else has been unplanned.
It's what you get to keep, oh grand,
Like a treasure you can hold in your land!

It's the profit that's left at the end of the day,
After expenses and deductions have gone away.
Like a prize at the end of a play,
Or a sweet dessert after a buffet.

So if you want to know what you really earn,
Look at your net income, it's your concern!
It's the amount that's really your turn,
To use for your needs, and your desires to burn!