AMERIFIRST CAPITAL GROUP, INC.
PRESENTS 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 | ||||