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American Commerce Center
Income and Expenses

 


INCOME        
Rental Income     369,000  
Total Income     369,000  
Less 5% Vacancy     18,450  
Effective Gross Income     350,550  
         
EXPENSES $/psf % of EGI    
Management   7.50% 26,291  
Leasing Commission     5,094  
Real Estate Taxes 0.80   30,000  
Insurance: F&EC and Liability 0.75   28,125  
Lawn Maintenance     3,600  
Repairs & Maintenance 0.05   1,875  
Trash Collection     3,900  
Common Area Electric     2,900  
Common Area Water/Sewer     1,250  
Legal & Accounting     1,500  
Advertising, Marketing & Overhead     1,500  
Reserves 0.10   3,750  
Total Expenses     109,785  
Expenses as a % of EGI     31%  
Expenses PSF               2.93  
     
NET OPERATING INCOME     240,765  
         


 

 

Recent Developments:

 
 
Management and Consulting:
         
   
     
Proforma:
     
   
     
 

Contact Information:

 
     
 
President & CEO:
David McGregor

Phone Number:
(407) 341-5557

 
 

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