Real Estate Agent Profit & Loss Statement Template (Excel)

Download the Real Estate Agent Profit and Loss Statement Template

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a real estate agent profit and loss statement example

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.

Real Estate Agent Profit and Loss Statement Template Download

Profit and Loss Statement Template Sample

Download our free profit and loss statement Template for real estate agents , a crucial tool for managing your real estate business. This profit and loss statement is designed to help track real estate profit and rental property profit, ensuring a detailed view of your financial health. With sections for income statement entries and calculations of your property’s net operating income, this loss statement template is perfect for assessing your property’s financial performance.

Tracking your property’s financial health requires accurately tracking income and subtracting operating expenses, including sewer owner expenses attributable. For residential property owners, monitoring property income helps maintain a clear picture of financial performance and sustainability.

Accounting is a power tool for tracking income and monitoring the income generated from rental property profit. This helps you make informed decisions. For real estate agents, it promotes clarity in reviewing financial statements and calculating net profit over a specific period. Leverage this information, businesses can make informed decisions, stay on course, and accurately measure progress. Learn more about suitable accounting software options for real estate professionals. It’s an invaluable resource for rental properties, assisting both real estate investors and rental property owners. You may also find our rental property analysis spreadsheet template to be helpful.

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Real Estate Income Statement vs. Profit and Loss Statement

📄 Real Estate Income Statement

Tracks property-specific financial performance.
Focuses on rental income, operating expenses, and property taxes.
Calculates Net Operating Income (NOI) (excludes debt service).
Helps evaluate individual property net income and pre tax net income.
Tracks total operating expenses, legal fees, and property insurance.

📃 Profit and Loss Statement

Gives a broader overview of your entire real estate business.
Captures all income streams, including late fees and pet rent.
Includes operational costs like mortgage payments & income taxes.
Useful for understanding yearly trends and gross income.
Tracks total operating expenses, legal fees, property insurance, and more for the entire real estate operation.

Best Practices

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

Click each step as you complete it! This checklist keeps your financial reporting accurate and investor-ready.

Use a profit and loss statement template to organize your data effectively.
Begin with a detailed income statement to capture all sources of total income from the property.
Calculate both gross profit and net profit to accurately evaluate profitability.
Track real estate transactions meticulously—make sure every transaction appears in your financial report.
Maintain accurate reporting by regularly updating entries and aligning with current tax laws.
List all expenses directly related to the property—distinguish from operating expenses.
Include all fees paid to property managers or a real estate company in your reports.
Use a profit and loss template for realtors to standardize and compare profits across periods.
Regularly review the real estate market to adjust your financial strategies.

Checking every item means your report will reflect the true net income and pre tax net income of your rental property.

two hands doing analysis on valuating a property

Common Expenses Incurred

REALTORS® face a variety of common real estate agent expenses that impact their operating costs and overall financial performance, including managing deductible expenses. Among these, operating expenses such as office supplies, utilities, and insurance must be carefully tracked.

Marketing costs are also significant, as promoting properties and services is essential to maintaining a competitive edge. These costs are reflected in the financial statement, which helps assess the total revenue generated and the real estate profit and loss.

Cost reduction strategies can aid in maximizing profitability, especially during tax season when expenses like parking fees and referral fees are scrutinized. Managing cash flows and staying on top of mortgage payments are crucial for sustaining a healthy real estate business.

Rental income contributes to the total revenue generated, influencing the overall financial health and stability of the business.

Check Back for Updates Version of My P&L Statement for Real Estate

I’ve created tools to help me stay on top of my finances. Things managing my rental business or tracking monthly rent, I continually organize new details for a profit and loss statement template (excel). I also make sure my records are clear for any specific period. I’ll be updating these resources regularly, so check back often to see what’s new and keep everything running smoothly.

About the Author

Joseph E. Stephenson, REALTOR®

License #00054082 | Kansas & Missouri

Affiliated with Welch & Company (License #CO00000477)

Joseph E. Stephenson is a licensed real estate professional in Kansas and Missouri with a career built on dedication to integrity and client-focused service. To learn more about how Joseph can assist you in your real estate endeavors, visit his REALTOR® profile at realtor.com.

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Joseph E. Stephenson also operates a business named Stephenson Residential, LLC. You can verify the business at the Kansas Secretary of State's website.

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