A proforma should include estimated costs for investing in a subject property. I designed my proforma, for single family investment properties to flow with the real estate transaction process.
The first step is to conduct a feasibility analysis consisting of both a market and property analysis. The proforma lists the costs associated with conducting both a market and property analysis.
Systems are a central component of real estate investing. Develop your system to stream-line the real estate transaction process and you will save time and money to increase production and your bottom line.
A. Feasibility Analysis | ||
| Market Analysis | ||
| Pre-Comparative Market Analysis $0.00 | ||
| Seller Disclosures, Inspection & Appraisal Reports $0.00 | ||
| Property Analysis | ||
| Option Fee $100.00 | ||
| Earnest Money $500.00 | ||
| Structural & Mechanical (to code) $300.00 | ||
| Pest Inspection $75.00 | ||
| Environmental Inspection $0.00 | ||
| Appraisal $350.00 | ||
| Rental Comps $150.00 | ||
| Survey $325.00 | ||
| Total Feasibility Analysis $1,8000 |
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