4108 Deeboyar Ave Positioning Analysis

10-YEAR CASH FLOW
INCOME
1 2 3 4
DEC-16 DEC-17 DEC-18 DEC-19
All Units at Market Rent $218,400 $224,952 $231,701 $238,652
Gain (Loss)-to-Lease ($42,408) ($33,926) ($25,445) ($16,963)
GROSS POTENTIAL RENT $175,992 $191,026 $206,256 $221,688
GROSS POTENTIAL INCOME $175,992 $191,026 $206,256 $221,688
Vacancy/Collection Allowance * ($5,280) ($5,731) ($6,188) ($6,651)
Other Income $13,200 $13,596 $14,004 $14,424
EFFECTIVE GROSS INCOME $183,912 $198,891 $214,072 $229,462
EXPENSES
Real Estate Taxes $33,580 $33,580 $33,580 $33,580
Insurance $3,526 $3,632 $3,741 $3,853
Utilities $8,475 $8,729 $8,991 $9,261
Repairs & Maintenance $7,040 $7,251 $7,469 $7,693
Marketing & Promotion $880 $906 $934 $962
Management Fee $9,195.61 $9,945 $10,704 $11,473
Pest Control $600 $618 $637 $656
Landscaping $2,054 $2,116 $2,179 $2,244
Replace & Reserves $2,400 $2,472 $2,546 $2,623
TOTAL EXPENSES $67,751 $69,249 $70,780 $72,344
NET OPERATING INCOME $116,162 $129,642 $143,292 $157,118
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