Jan 09Feb 09Mar 09Apr 09May 09Jun 09Jul 09Aug 09Sep 09Oct 09Nov 09Dec 09Ttl 09
Gross Incomehide
201 Office (10000 sf)$1.03$1.03$1.03$1.03$1.03$1.03$1.03$1.03$1.03$1.03$1.03$1.03$12.36
102 Drug Store (7500 sf)$1.05$1.05$1.05$1.05$1.05$1.05$1.05$1.05$1.05$1.05$1.05$1.05$12.60
103 Beauty Salon (2000 sf)$1.36$1.36$1.36$1.36$1.36$1.36$1.36$1.36$1.36$1.40$1.40$1.40$16.48
104 Donuts (2000 sf)$1.30$1.30$1.30$1.30$1.30$1.30$1.30$1.30$1.30$1.30$1.30$1.34$15.66
105 Flowers (1000 sf)$1.21$1.21$1.21$1.21$1.21$1.21$1.21$1.21$1.21$1.21$1.21$1.21$14.50
Base Rental Revenue$1.24$1.24$1.24$1.24$1.24$1.24$1.24$1.24$1.24$1.24$1.24$1.24$16.08
Percentage Rent$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.23
Total Reimbursements$0.29$0.29$0.29$0.29$0.29$0.29$0.29$0.29$0.29$0.29$0.29$0.29$3.79
Total Gross Income$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$20.10
Less: Vacancy & Credit Loss$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Effective Income$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$20.10
Less: Expenseshide
Maintenance$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.64
Insurance$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
Property Taxes$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13$1.66
Security$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.17
Utilities$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.19
Management Fee$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.78
Total Operating Expenses$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$3.69
Net Operating Income$1.26$1.26$1.26$1.26$1.26$1.26$1.26$1.26$1.26$1.27$1.27$1.27$16.41
Less: Debt Servicehide
Loan$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$12.35
Total Debt Service$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$0.95$12.35
Net Operating Cash Flow$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.32$0.32$0.32$4.06
Less: Capital Spendinghide
Market TI's$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Market Commissions$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Total Capital Spending$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Cash Flow Before Tax$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.31$0.32$0.32$0.32$4.06
Taxable Income and Taxes
(Losses Taken Currently)
Taxable Revenues$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$1.55$20.10
Less: Deducted Expenses$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$0.28$3.69
Less: Interest Expense$0.74$0.74$0.74$0.74$0.74$0.73$0.73$0.73$0.73$0.73$0.73$0.73$9.53
Less: Amortized Points$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06
Less: Depreciation$0.24$0.24$0.24$0.24$0.24$0.24$0.24$0.24$0.24$0.24$0.24$0.24$3.07
Ordinary Income$0.28$0.28$0.28$0.28$0.28$0.29$0.29$0.29$0.29$0.30$0.30$0.30$3.75
Taxable Income$0.28$0.28$0.28$0.28$0.28$0.29$0.29$0.29$0.29$0.30$0.30$0.30$3.75
Taxes Due (- = Savings)$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.13$1.56
Cash Flow After Tax$0.20$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$0.19$2.51