Property Operating Statement
Prior Year Trailing 12 Months YTD
Annual Gross Rent
Income (laundry, parking, etc.)
Vacancy, Bad Debt, Concessions
Adjusted Gross Income
Real Estate Taxes
Repairs & Maintenance *2
General & Administrative
dvertising, Leasing & Marketing
Capital Expenses *2
Misc Expense 1
isc Expense 2
Total Annual Expenses
Net Operating Income
Operating income reported should be actual operating income for the historical time period, not a pro-forma income statement.
*1 Total Adjusted Gross income should be actual rental income collected or revenue recognized for the time period, and be similar to income reported on
tax returns. Please explain any large differences between rental income collected and current rent roll provided.
*2 Please note any large one time capital expenses included in Repairs and Maintenance or Capital Expenses categories
Please classify large one time repairs as Capital Expenses instead of repairs and maintenance.
3 Total expenses should be similar to expenses on tax returns less depreciation, and interest expense.