Pro Forma Statement
Definition of "Pro forma statement"
Financial statement with amounts or other information that are completely or partially assumed. The assumptions supporting the amounts are usually provided. The statement may be prepared in determining the possible financial effects of buying or renting property.
Popular Real Estate Terms
(1) Individual or business that is engaged to do some sort of construction work for another for a fee. There are basically three types of contracting: A general contractor enters into a ...
Same as term one-hundred-percent location: Precisely the optimum location for a retail business establishment in an urban central business district (CBD). A one-hundred-percent-location ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
Space that is available to all tenants or owners, such as a courtyard, main entrance, elevator, and pool. ...
(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progress payments are made. See also bridge loan; bullet mortgage; development loan. ...
The person giving property or establishing a trust. ...
Gets rid of unwanted substances and materials from a residence or office building. Waste includes solids and liquids, hazardous and nonhazardous materials. ...
Suppose you wish to sell your property fast and expect a high return on investment. In that case, it would help to reach out to expert local real estate agents who undertake the job of ...
The yield after deduction inflation and its effects. It is the return on investment stated in real purchasing power. ...
Comments for Pro Forma Statement
WHEN PURCHASING PROPERTY, WHO IS THE PARTY THAT RECEIVES THE PROFORMA ON A MULTI-FAMILY DWELLING?
Apr 30, 2019 16:09:37Hello, Mallory! The Real Estate Pro Forma is a document that reveals the profitability of a property. So, in this case, the investor is the one who must analyze this document. However, you may also want to do a SWOT analysis as well. Keep an eye on our website because we will soon publish a detailed article on this topic.
May 01, 2019 04:24:40Have a question or comment?
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