Current property income refers to the actual income that the property is currently generating. It includes the rent collected from tenants and any other income sources related to the property. On the other hand, proforma income is a projection of future income. It is an estimate based on current market conditions, expected rent increases, and other factors. It is used to analyze the potential profitability of a property investment.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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