Jan 12	Feb 12	Mar 12	Apr 12	May 12	Jun 12	Jul 12	Aug 12	Sep 12	Oct 12	Nov 12	Dec 12
Gross Incomehide
1 Bedroom Units (10 units)	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280	$3,280
2 Bedroom Units (32 units)	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120	$13,120
Laundry	$300	$300	$300	$300	$300	$300	$300	$300	$300	$300	$300	$300
Total Gross Income	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700	$16,700
Less: Vacancy & Credit Loss	$835	$835	$835	$835	$835	$835	$835	$835	$835	$835	$835	$835
Effective Income	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865	$15,865
Less: Expenseshide
Property Taxes	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550	$1,550
Insurance	$250	$250	$250	$250	$250	$250	$250	$250	$250	$250	$250	$250
Pool	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100
Gardener	$63	$63	$63	$63	$63	$63	$63	$63	$63	$63	$63	$63
Utilities	$400	$400	$400	$400	$400	$400	$400	$400	$400	$400	$400	$400
Resident Manager	$833	$833	$833	$833	$833	$833	$833	$833	$833	$833	$833	$833
Maintenance	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267
Reserve	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267	$267
Miscellaneous	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100
Management Fee	$793	$793	$793	$793	$793	$793	$793	$793	$793	$793	$793	$793
Total Operating Expenses	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622	$4,622
Net Operating Income	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243	$11,243
Less: Debt Service	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882	$10,882
Net Operating Cash Flow	$361	$361	$361	$361	$361	$361	$361	$361	$361	$361	$361	$361