Final Profit Statement
The final profit report is a report that summarizes the total investment expenses and gross income netted from the sale of the property.
Sample Final Profit Statement
When should I use the final profit report?
For rehabbers, project managers & contractors
The final profit report report can be used as an income statement to show the final profit earned for tax purposes.
The final profit report can be given to business partners, lenders and investors to show the final profit earned for the project.
How does the project budget report work?
The final profit report pulls the purchase price, projected repair costs, fixed costs, ARV and projected profit from the Project Forecaster. Tip: If this is truly the final profit statement, make sure that the % complete are 100% for every cost item.