| |
 |
SCHEDULED MONTHLY INCOME |
| # UNITS |
|
|
TYPE |
|
|
AVG. MONTHLY RENT/UNIT |
|
|
TOTAL MONTHLY RENT |
|
|
PRO-FORMA AVG. RENT/UNIT |
|
|
TOTAL
PRO-FORMA
RENT |
|
|
| 2 |
|
|
2 + 1 |
|
|
$1,838 |
|
|
$3,675 |
|
|
$1,900 |
|
|
$3,800 |
|
|
| 10 |
|
|
1 + 1 |
|
|
$1,339 |
|
|
$13,389 |
|
|
$1,428 |
|
|
$14,150 |
|
|
| 6 |
|
|
Studio |
|
|
$954 |
|
|
$5,727 |
|
|
$1,140 |
|
|
$6,700 |
|
|
| 1 |
|
|
Billboard |
|
|
$120 |
|
|
$120 |
|
|
$250 |
|
|
$250 |
|
|
| 1 |
|
|
Laundry |
|
|
$350 |
|
|
$350 |
|
|
$375 |
|
|
$375 |
|
|
| |
Total Monthly Income |
|
|
|
|
|
|
|
$23,610 |
|
|
|
|
|
$26,225 |
|
|
| |
TOTAL ANNUAL INCOME |
|
|
|
|
|
|
|
$283,284 |
|
|
|
|
|
$312,300 |
|
|
*Building has unused interior square footage that could possibly be converted to rentable storage space. Buyer to investigate.
|
|
