Download Real Estate Profit And Loss Statement Template In Excel

As a business owner, you must always know how your business is performing financially. When updated regularly, profit and loss statements provide critical information about financial health of your company. This information is then readily available to review and share with other stakeholders as you make decisions important to your company’s success. For owners in the real estate business, our Real Estate Profit And Loss Statement Template is an excellent tool for remaining financially informed. It’s format specifically for real estate businesses. It is easy to use, and is easily understandable.

This article will go through the template and help you to understand how you can use it and operate your business more effectively.

Real Estate Profit & Loss Spreadsheet

Firstly, the template assumes that your real estate business owns and operates rental properties. It is structure to allow you to track rental and sales activities on your properties and the profits or losses that result.

Also, it presumes that rental and purchase/sell activities are all for your business’s benefit. In other words, you need not manage rental properties for other owners. Nor do you engage in buying and selling of properties other than your own.

Real Estate Profit and Loss

The template is design to provide you with a “short-form” of a profit and loss statement. It tells you how much money you are making each month. It is not intended to take the place of formal, accrual-based financial statements. Therefore it should not use as your primary reporting mechanism for borrowing or income tax purposes.

Similarly, the profit and loss statement is not a cash flow statement. A cash flow statement tracks the flow of money in and out of your business, and provides a beginning and ending cash position.

The Real Estate Profit And Loss Statement reports income, expenses, and operating profit from your business activities. It allows you to gauge the effectiveness of your business operation. Both are useful but serve different purposes.

Real Estate Template

Here you see that the form covers a twelve-month period. It provides profitability information on a monthly basis and aggregates monthly results into a final “Full Year” column.

The template is constructed as an Excel program. Therefore, you need Excel on your computer to use it. Also, it is formatted to print in Landscape Mode . However, once filled in and printed out in the intended Landscape format it is easily read. You can always adjust the “View” of the template in your Excel program.

The “Full Year” column automatically tracks your results as year progresses. The example below tracks activity through first four months of 2019, and you can see how the form provides not only monthly but also year-to-date results.

Summary

When used faithfully, The Real Estate Profit And Loss Statement allows you and the business owner, to know exactly how your business is progressing through the year. Not only you made aware of recent results, but you are also shown the cumulative effect of your activities. You can use this information to make adjustments regarding your operations while problems are still manageable, and opportunities are still available.

Download this Real Estate Profit And Loss Statement template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get Real Estate Profit And Loss Statement Excel Template

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