A pro-forma forecast is based on income statements, balance sheet and statement of cash flow. Pro-forma projections do not typically follow Generally Accepted Accounting Principles (GAAP). There are ...
The past is often the best guide to the future – but unless past results are made clear, they cannot provide a realistic vision of the future. The value of any business enterprise rests on its ability ...
Before purchasing a multifamily property, investors should create a pro-forma projection of the asset’s future income and expenses. Once complete, this document serves three important purposes. 1. It ...
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