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.
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.
What is a profit and loss statement in real estate?
A profit and loss statement summarizes your rental income, expenses, and net operating income over the specified time period. This is one of the most helpful reports that landlords can use.