What does a T12 include?
What is a Trailing Twelve Months (T12) Statement? The T12 statement comprises all monthly expenses and revenues of a rental property in the past year. A T12 or TTM refers to a piece of data that summarizes the economic performance of real estate based on its Net Operating Income (NOI) over the past twelve months.
How do you calculate T12?
Use last year’s financial statements, add up all current quarters from the most recent reporting period, and subtract the same quarters from the previous year.
What is P&L T12?
What Is a Trailing 12 Months Profit & Loss? TTM P&L keeps a running tab of how well an investment or project has performed over the prior twelve-month period. It takes the monthly or quarterly returns over that time period and reports a weighted average profit or loss figure.