I didn’t know what a pro forma was.

You can do this on your own or form a partnership with someone else.

However, you can calculate both of those figures from the rent roll2) It depends on the type of expense tracking the current owner did and the assumptions the broker uses in their pro forma.

I came from the US, where I felt most comfortable operating my rentals under an LLC I owned, but that option is not available here in Canada and for various reasons, I don't want to form a corporation.Do any of you sole proprietor Canadians operate your rentals under a business name, or do you just use your real name?

For MF (such as 10+ units), we look at cash on cash of at least 5% day 1 and then 15%+ pro forma in cash flow thru value add rehab and/or management. 

I'm having a tough time calculating and projecting pro-forma on a Triplex opportunity shared by a local wholesaler... am i suppose to calculate those numbers based on a conventional loan or hard money terms??

Monthly data through June 2022 for MA in total shows a very strong cyclical market.

If not you may still need the Realtor's help and may have to either request the seller pay a commission or form a separate agreement where you pay commission. 

Some turnkey companies claim that an investment in a property that doesn't appraise still makes sense, based on the ROI in the pro forma that they present to you - watch out for this.

Debt Service:Current debt on property (including terms and if current), current NOI, 3-yr pro forma NOI andany stabilization notes or key events.Sources & Uses:Explain how and where the funds will be used, including source of your investment funds andfunds already invested in the project.The Story:Give us a clear picture of what is going on.