What do the numbers tell you?

[Jordan Hamilton]

Hey everyone! Just received this P&L for a fourplex I’m looking into buying. The listing price for this property is $399,000 in Miami FL neighborhood of Hialeah.

So my question is what do these numbers tell you? Based on this information what would you offer for the property?

Thank you!!

[Frank Jiang]

Why does the proforma revenue jump from a current 28,500 to 39,600 (39%) to 47,500 (20%)?

Are there current vacancies that the proforma expects to fill?  Are there rent increases that contribute to the income increase?  Is it just complete ********?

The numbers tell you to look at the assumptions to validate them for feasibility.