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Updated about 6 years ago on . Most recent reply

User Stats

32
Posts
11
Votes
Howie Baker
  • Investor
  • Acton, CA
11
Votes |
32
Posts

Understanding a term on a commercial property Income Statement

Howie Baker
  • Investor
  • Acton, CA
Posted

I have received an income statement on an apartment building I am looking at after requesting the trailing 12 months Income/Expense statement and rent rolls.  All they gave me was for October, 2018, but it does have a column that is described as "Year to Month End".  Since this is October does that mean this is for the last ten months only or is it for a full year from October 2017 to October 2018.  What is the most common usage as I have been told different things by the brokers I am receiving the information from.

Thanks in advance for the help!

Howie

  • Howie Baker
  • Most Popular Reply

    User Stats

    260
    Posts
    199
    Votes
    Seth Williams
    • Real Estate Broker
    • Winthrop, MA
    199
    Votes |
    260
    Posts
    Seth Williams
    • Real Estate Broker
    • Winthrop, MA
    Replied

    Seems like this is more of a YTD (year to date ) view, I would imagine. So, Seems like just missing expenses for nov and Dec, where market depending, heating and snow removal can be large costs. Feel free to pm me and inbox me the file and I have no problem hoping on a call and chatting. Good luck 

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