Laserfiche WebLink
14667 Forest Boulevard <br /> Income and Expense Summary <br /> 14667 Forest Boulevard 2006 2007 2008 2009 2010 Cumulative <br /> Cost of Acquisition $ 195,411.96 <br /> Land = 10,381 square feet <br /> Thru Sept <br /> Assessed Value: Building $ - $ - $ - $ - $ - <br /> Assessed Value: Imps $ 50,200 $ 50,200 $ 50,200 $ 48,100 $ 48,100 <br /> Assessed Value: Land $ 74,200 $ 74,200 $ 74,200 $ 124,600 $ 124,600 <br /> Assessed Value: Total $ 124,400 $ 124,400 $ 124,400 $ 172,700 $ 172,700 <br /> Rent Received $ 7,315.00 $ 6,980.00 $ 3,780.00 $ 3,780.00 $ 2,835.00 (1) $ 24,690.00 <br /> Expenses: <br /> Electric Utilities $ 492.99 $ 1,235.59 $ 1,345.39 $ 1,287.06 $ 881.29 $ 5,242.32 <br /> Gas Utilities $ 90.17 $ 278.48 $ 253.56 $ 259.91 $ 185.38 $ 1,067.50 <br /> Insurance $ 1,017.00 $ 733.00 $ 782.00 $ 774.00 $ 844.00 $ 4,150.00 <br /> Interest(Contract for Deed) $ 2,858.44 $ 8,498.21 $ 8,377.50 $ 5,576.43 $ - $ 25,310.58 <br /> Legal Fees $ 1,111.00 $ - $ - $ - $ - $ 1,111.00 <br /> Repair& Maintenance (2) $ 185.63 $ 21.91 $ 782.24 $ - $ 140.81 $ 1,130.59 <br /> Taxes $ 1,347.00 $ 2,790.00 $ 2,860.00 $ 2,860.00 $ 4,252.00 $ 14,109.00 <br /> $ 7,102.23 $13,557.19 $ 14,400.69 $ 10,757.40 $ 6,303.48 $ 52,120.99 <br /> Revenue over Expenses $ 212.77 $ (6,577.19) $ (10,620.69) $ (6,977.40) $ (3,468.48) $ (27,430.99) <br /> Return on Acquisition 0.11% -3.37% -5.44% -3.57% -1.77% <br /> Comparison: <br /> Rate on 5-Year Treasury Bond 4.75% 4.43% 2.80% 2.20% 1.26% <br /> (1) Current tenant is Priscilla Deveau (Barbershop) on a month-to-month lease <br /> (2) Repairs & Maintenance does not include staff time making repairs <br />