My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
04-24-1997
MoundsView
>
City Commissions
>
Economic Development Commission
>
Packets
>
1994-1999
>
1997
>
04-24-1997
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/23/2022 12:42:26 PM
Creation date
8/1/2018 6:56:35 AM
Metadata
Fields
Template:
MV EDC
EDC Document Type
Packets
Date
4/24/1997
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
34
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
3-27-1997 3:22PM FROM MSP REAL ESTATE, INC. 612 336 4565 P. 9 I <br /> 4. INCOME/EXPENSE ANALYSIS 11; <br /> ANNUAL <br /> # UNITS RENT/UNIT INCOME <br /> 2 BEDROOM - HOLMAN 5 $295 $17,700 <br /> 3 BEDROOM - HOLMAN 5 $295 $17,700 <br /> 1 BEDROOM -APT 16 $509 $97,728 <br /> 2 BEDROOM -APT 19 $614 $139,992 <br /> 3 BEDROOM - TH 21 $656 $165,312 <br /> 4 BEDROOM -TH 2 $720 $17,280 <br /> TOTALS 68 $455,712 <br /> GROSS RENTAL INCOME $455,712 <br /> OCCUPANCY 95.00% <br /> NET RENTAL INCOME $432,926 <br /> LAUNDRY& PARKING @ $17,952 <br /> 0 <br /> EFFECTIVE GROSS INCOME $450,878 ) <br /> REAL ESTATE TAX $687 ($46,716) <br /> OPERATING EXPENSE @ $2,574 ($175,032) 1 <br /> ANNUAL REPL RESERVE @ $250 ($17,000) <br /> ASSET MANAGEMENT FEE © 1.50% ($6,763) <br /> NET OPERATING INCOME $205,367 <br /> DEBT SERVICE @ 9.00% ($183,454) <br /> CASH FLOW $21,913 <br />
The URL can be used to link to this page
Your browser does not support the video tag.