Detailed Income and Expense Report

418 East 9th Street, New York, NY 10009

Revenue:      
Unit Size Status Lease Term
 Monthly Rent
A  w/Large Garden 2 BR FM New Tenant
 $4,500
B Studio RS 10/31/2010
 $1,219
C Studio FM 08/14/2009
 $1,825
1A 2 BR RS 02/28/2010
 $614
1B 2 BR FM New Tenant
 $3,950
2A 2 BR/conv.3 FM 07/31/2009
 $3,875
2B 2 BR FM 07/31/2009
 $3,875
3A 2 BR/conv.3 FM 07/15/2010
 $3,400
3B 2 BR RS 11/30/2009
 $801
4A  w/Gourmet Kitchen 1 BR FM 07/02/2009
 $3,495
4B 2 BR RS 08/01/2009
 $1,089
5A 2 BR/conv.3 FM 08/15/2009
 $3,600
5B 2 BR FM 03/31/2009
 $3,600
      Monthly Rental Income:
 $35,843
      Annual Rental Income:
 $430,116
         
Expenses:      
Real Estate Taxes (07/08)    
 $48,298
Water/Sewer      
 $5,166
Insurance      
 $6,694
Gas & Electric      
 $16,632
Repairs      
 $7,150
Superintendent      
 $3,600
Professional      
 $3,223
Supplies      
 $800
       
 
      Annual Total Expenses:
 $91,562
       
Summary:      
      Gross Annual Revenue:
 $430,116
      Annual Expenses:
 $91,562
      Net Annual Income:
 $338,554
         
ASKING PRICE: $5,900,000
CAP Rate: 5.74%