Definition of "Pro forma statement"
Shawn Hermansen, Real Estate Agent
RE/MAX Encore II
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.
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? We're here to help.