Proforma
Income & Expense Form
 
Instructions

Guideline 1

If you don't enter text into Your Company: or Your Client's Name:, these lines will not appear on the statement.

You do need to make entries for Your Name:, Property:, and Date:, or else in the future you will not be able to remember what you print today.

Guideline 2

You must make an entry for Potential Rental Income, Vacancy & Credit Loss, and Other Income, or else the calculator won't work. If there is no Other Income, enter a zero.

You enter Vacancy & Credit Loss as a percentage but with whole numbers (not as a decimal) and without a percent sign.

For instance 17, but not 0.17 or 17%.

Guideline 3

You should enter at least one expense line in Expense 1 Amount: and label it in Expense 1 Name:.

For each expense line, if you don't have an expense name and amount, it won't show on the statement. If you have an amount only, it will be included in the calculations but won't show on the statement.

There must be a number in each of the 20 expense amounts, or the calculator won't work. The default amount is zero.

Guideline 4

There are 20 expense lines. The expense names from the APOD form of the CCIM Institute are the first 13 default entries. You can change the names if you desire to. Again, any expense line that does not include both the name and amount will not show on the statement.

Guideline 5

After you do an analysis, you can click on the back button of your browser to return to the form page. Most browsers will preserve your entries. Thus, you can make minor adjustments without re-entering everything.

Guideline 6

The statement is designed to print on one page. If it is printing on two pages, try reducing the size of the text in your browser under View, Text Size (Internet Explorer or Modzilla Firefox). That may work to get it all on one page.

Guideline 7

All income and all expenses must be yearly (annual). You cannot mix monthly and annual income or expenses.

You can make all income and all expenses monthly, if you desire, but pleased be advised that the bottom line will not be "Net Operating Income."  That is, Net Operating Income is defined as an annual amount, not a monthly amount.

Definition of Proforma

Hypothetical (estimated) financial figures for a future period (year) based on past business operations.