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All Forum Posts by: Jeff Niskern

Jeff Niskern has started 0 posts and replied 1 times.

Post: P&L excel template for rentals

Jeff NiskernPosted
  • Professional
  • Colorado Springs, CO
  • Posts 1
  • Votes 3

I'm with Michele, I like a longer list on the left (rows)  and monthly/annual moving to the right. Mine has grown over the years to accommodate more properties and analysis, but I've divided into basic sections:

Revenue (by unit)

COGS (I know, but old habits. I use this for tax and insurance which all properties have)

Expenses (general business like admin/legal and by unit for repairs, trash, utilities...)

EBITDA (earnings before interest/taxes/depreciation/amortization. Interest is mort only, and taxes are income, not property taxes which are in COGS)

Then I do depreciation, loan principle and interest, etc to get reportable income.

I'd be happy to share, but would have to email the file.

Jeff