TENANT SF PRO-RATA ACTUAL 2018 PROFORMA 2019...INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO...

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INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO STREET, VERNON, CA 90058 Commercial & Industrial Real Estate MAGNUM 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 2019 ACCOUNT TITLE TOTAL TOTAL INCOME Rental Income $337,655.07 $409,021.44 Rent Concession ($200.00) $0.00 TR-Ulies $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 T O T A L I N C O M E $ 4 1 6 , 7 6 0 . 8 9 $ 4 8 5 , 5 2 8 . 4 4 EXPENSES Management 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 Ulies-Electric $3,705.66 $3,600.00 Ulies-Water $4,779.05 $5,725.00 T O T A L E X P E N S E S $ 9 2 , 3 1 2 . 2 4 $ 9 4 , 1 7 7 . 0 0 N E T O P E R A T I N G I N C O M E $ 3 2 4 , 4 4 8 . 6 5 $ 3 9 1 , 3 5 1 . 4 4

Transcript of TENANT SF PRO-RATA ACTUAL 2018 PROFORMA 2019...INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO...

Page 1: TENANT SF PRO-RATA ACTUAL 2018 PROFORMA 2019...INCOME STATEMENT TENANT SF PRO-RATA 3600-3700 S. SOTO STREET, VERNON, CA 90058 Commercial & Industrial Real Estate MAGNUM PROPERTIES

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