Jan 14Feb 14Mar 14Apr 14May 14Jun 14Jul 14Aug 14Sep 14Oct 14Nov 14Dec 14Ttl 14
Gross Incomehide
Executive Lots - Interior ( units)$0$0$0$0$0$0$0$0$0$0$0$0$0
Executive Lots - Golf/Lake ( units)$33,000$33,000$0$0$0$0$0$0$0$0$0$0$66,000
Prestige Lots - Interior ( units)$74,000$37,000$37,000$0$0$0$0$0$0$0$0$0$148,000
Total Gross Income$107,000$70,000$37,000$0$0$0$0$0$0$0$0$0$214,000
Less: Vacancy & Unit Sale Cost$6,420$4,200$2,220$0$0$0$0$0$0$0$0$0$12,840
Effective Income$100,580$65,800$34,780$0$0$0$0$0$0$0$0$0$201,160
Less: Expenseshide
Land$0$0$0$0$0$0$0$0$0$0$0$0$0
Clearing & Grading$0$0$0$0$0$0$0$0$0$0$0$0$0
Paving$0$0$0$0$0$0$0$0$0$0$0$0$0
Curb & Gutter$0$0$0$0$0$0$0$0$0$0$0$0$0
Sanitary Sewer$0$0$0$0$0$0$0$0$0$0$0$0$0
Storm Sewer$0$0$0$0$0$0$0$0$0$0$0$0$0
Water$0$0$0$0$0$0$0$0$0$0$0$0$0
Entrance$0$0$0$0$0$0$0$0$0$0$0$0$0
Power & Street Lighting$0$0$0$0$0$0$0$0$0$0$0$0$0
Amenity$0$0$0$0$0$0$0$0$0$0$0$0$0
Contingency$0$0$0$0$0$0$0$0$0$0$0$0$0
Design$0$0$0$0$0$0$0$0$0$0$0$0$0
Layout$0$0$0$0$0$0$0$0$0$0$0$0$0
Taxes & Insurance$0$0$0$0$0$0$0$0$0$0$0$0$0
Legal & Closing$0$0$0$0$0$0$0$0$0$0$0$0$0
Appraisal$0$0$0$0$0$0$0$0$0$0$0$0$0
Marketing & Advertising$0$0$0$0$0$0$0$0$0$0$0$0$0
County Fees$0$0$0$0$0$0$0$0$0$0$0$0$0
Development Fees$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Operating Expenses$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Operating Income$100,580$65,800$34,780$0$0$0$0$0$0$0$0$0$201,160
Cash Flow Before Tax$100,580$65,800$34,780$0$0$0$0$0$0$0$0$0$201,160
Taxable Income and Taxes
(Losses Taken Currently)
Taxable Revenues$100,580$65,800$34,780$0$0$0$0$0$0$0$0$0$201,160
Less: Deducted Expenses$54,258$36,172$18,086$0$0$0$0$0$0$0$0$0$108,516
Less: Interest Expense$0$0$0$0$0$0$0$0$0$0$0$0$0
Ordinary Income$46,322$29,628$16,694$0$0$0$0$0$0$0$0$0$92,644
Taxable Income$46,322$29,628$16,694$0$0$0$0$0$0$0$0$0$92,644
Taxes Due (- = Savings)$18,344$11,733$6,611$0$0$0$0$0$0$0$0$0$36,687
Cash Flow After Tax$82,236$54,067$28,169$0$0$0$0$0$0$0$0$0$164,473