| Revenue: |
|
|
| |
| Unit |
Size |
Lease Term |
Monthly Rent |
| Commercial/Deli/Restaurant |
Mo/Mo |
$12,000 |
| Apt. 1 |
Floor
Through |
Mo/Mo |
$3,800 |
| Apt. 2 |
Floor
Through |
Mo/Mo |
|
| Apt. 3 |
1
BR w/terrace |
Under
Construction |
$2,500 |
| |
|
Annual Gross Revenue: |
$265,200 |
| |
| Expenses: |
| |
|
|
|
| Real Estate Taxes (06/07) |
|
$14,607 |
| Water/Sewer |
|
$3,268 |
| Insurance |
|
$5,000 |
| Electric |
|
|
$417 |
| Repairs |
|
|
$2,000 |
| Superintendent |
|
|
$1,800 |
| Professional |
|
$1,200 |
| |
|
Annual Total Expenses: |
$28,292 |
| |
| Summary: |
|
|
| |
|
Gross Annual Revenue: |
$265,200 |
| |
|
Annual Expenses: |
$28,292 |
| |
|
Net Annual Income: |
$236,908 |
| |
|
|
|
ASKING
PRICE: $4,000,000 |

|