TENANT SF PRO-RATA ACTUAL 2018 PROFORMA 2019...INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO...
Transcript of TENANT SF PRO-RATA ACTUAL 2018 PROFORMA 2019...INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO...
INCOME STATEMENT
TENANT SF PRO-RATA
3600-3700 S. SOTO STREET, VERNON, CA 90058
Commercial & Industrial Real EstateMAGNUM PROPERTIES This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. All
references to age, square footage, income, and expenses are approximate. Buyers should conduct their own independent investigations and rely only on those results.
SALE PRICE $5,900,000
ACTUAL 2018 PROFORMA 2019ACCOUNT TITLE TOTAL TOTAL
INCOMERental Income $337,655.07 $409,021.44
Rent Concession ($200.00) $0.00
TR-Utilities $8,324.93 $9,000.00
TR-Property Taxes $29,570.93 $32,000.00
TR-Insurance $1,570.66 $2,400.00
TR-Misc. Costs $37,360.84 $32,000.00
Late Fees $2,278.46 $1,107.00
TOTAL INCOME $416,760.89 $485,528.44
EXPENSESManagement Fees $14,319.25 $11,500.00
Fire, Life & Safety $4,283.29 $5,838.00
Insurance $2,536.00 $3,140.00
Landscaping & Grounds-Contract $5,410.00 $5,400.00
Landscaping & Grounds repairs $500.00 $0.00
Locks & Keys $131.65 $0.00
Property Taxes $42,408.82 $43,000.00
Repairs & Maint-General $200.00 $200.00
Repairs & Maint-Interior $692.00 $182.00
Repairs & Maint-Exterior $1,766.64 $4,800.00
Repairs & Maint-Plumbing $2,067.00 $1,500.00
Roof Repairs $600.00 $1,500.00
Trash Removal $8,912.88 $7,792.00
Utilities-Electric $3,705.66 $3,600.00
Utilities-Water $4,779.05 $5,725.00
TOTAL EXPENSES $92,312.24 $94,177.00
NET OPERATING INCOME $324,448.65 $391,351.44