Download Profit and Loss Statement Template

Excel | Google Sheets | PDF

Disclaimer: This template is for information purposes only. Be sure to get any tax or financial help from a CPA, accountant, or certified tax professional.

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Profit and Loss Statement Template Sample

Real Estate Agent Profit and Loss Statement
Revenue Streams
Rental Income$
Property Sales$
Additional Income$
Gross Income0
Operating Expenses
Property Management Fees$
Marketing Expenses$
Legal Fees$
Utility Expenses$
Property Taxes$
Property Insurance$
Depreciation Expense$
Other Operating Expenses$
Total Operating Expenses0
Net Operating Income0
Pre-Tax Net Income0
Interest Payments$
Net Income0
Income Taxes$
Financial Performance
Cash Flow$
Year-to-Date Performance$
Tax Deductions and Liabilities
Tax Deductions$
Tax Liabilities$
To use this template in Excel, simply input your financial data into the corresponding cells in column B. The formulas will automatically calculate the Gross Income, Total Operating Expenses, Net Operating Income, Pre-Tax Net Income, and Net Income based on your inputs. Make sure to get help from a CPA or tax professional, this template if for informational purposes only. By using it, you accept that it’s for informational puroses only.
a person holding a calculator in their hand

Best Practices for Calculating a P&L Statement on a Rental Property

  • Begin with a detailed income statement to capture all sources of total income generated from the property.
  • Calculate both gross profit and net profit to evaluate the property’s profitability accurately.
  • Track real estate transactions meticulously, ensuring that each is recorded in the financial report.
  • Maintain accurate financial reporting by regularly updating entries and aligning them with current tax laws.
  • List all expenses directly related to the property, distinguishing them from common operating expenses.
  • Include all fees paid to property managers or a real estate company for comprehensive financial reports.
  • Use a profit and loss template for realtors to standardize reporting and compare REALTOR profit across different periods.
  • Regularly review the real estate market conditions to adjust financial strategies accordingly.

Common Expenses Incurred

Why Do We Use a Profit and Loss Statement in the Real Estate Business?

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