|
SolMrere : ARGUS Ver, 7.0.03 /~ ~ I ~ 3(~
<br />Fib : marbn2 CouAhouse Sq . •~ aty •152 p~k (~
<br />o Praperly Type ; Olfice d Rdail C
<br />~
<br />O
<br />P~~~b ~ Svlem, repon
<br />°
<br />~ SCHEDULE OF PItOSPECTNE CASH FLOW
<br />~ ' In InOaled DoAan lor the Fiscel Year bepinni~p 111/1998
<br /> Yevr 1 Yeer 2 Year 3 Year f Year 5 Year 8 Yeer 7 Year B Year A Year10
<br />For lhe YeaB Ending Deo•1998 Dec•199o Dea2000 Oec~2001 Oec-2002 Dec•2003 Oec~200~ Dec•2005 Dea2~08 . DeaZ007
<br />POTENTIAL GROSS REVENUE
<br />Boee Renlal Revenua
<br />3600,54E
<br />137136A iS ,372,36!
<br />31,372.36A
<br />1i ,~72,~6e 1372 36B
<br />51,312,368
<br />51,372,366
<br />51372 8
<br />Scheduled Bua Renlal Revenue ' 800,548 1,372,368 1,372,368 1,372,368 1,372,368 1,372,36A 1,~72,365 1,3T2,36! 1,JT2,J6A
<br />Expense Reimbursertient Revenw
<br />CLEAPMNf3 FJIV
<br />9,858
<br />37,071
<br />~2,257
<br />N,85~
<br />b3,288
<br />6Y.102
<br />65,11Y
<br />71,~8~
<br />7A,050
<br />PER50t~lEl 2,882 10,290 11,739 13,236 U,T95 16,41A 18,102 19,05T 21,8l1
<br />1~-pqMA~T 179 6&) 1b3 E83 9A6 1,09/ 1,206 1,325 1,M5
<br />OTHERMAINT ' 1,9A7 i.551 8,609 9,T01 10,649 12,039 13,I75 14,581 15,E99
<br />HVACMANdT 2,501 9,811 1a,956 12,35~ 13,810 15,323 18,899 18,534 20,274
<br />ELEC MAINT 53i 2,060 2,3~7 2,641 2,958 3,283 3,621 ~,9i3 ~,33~
<br />UTIl171ES 10,908 41,916 ~7,73A 53,830 60,170 66,161 73,820 80,152 AB,161
<br />SECURITYlLLNE SAFT`f ~47 1,717 1,957 2,207 T,468 2,735 3,017 3,309 3,614
<br />MANAOA~ENT FEE
<br />~
<br />W ~RWNDSINQADSANUNT
<br />~+ REAL PROPERTY TN(
<br />~ INSURANCE
<br />1,519
<br />5,836
<br />6,652
<br />7,502
<br />8,386
<br />9,303
<br />10,258
<br />11,251
<br />12,284
<br />p, PROF FEES
<br />~ OTHER BLDO MGMT COSTS
<br />S9
<br />3~4
<br />391
<br />4~2
<br />~94
<br />5~6
<br />603
<br />662 .
<br />722
<br />O
<br />V Tolal Reimbursemenl Revenue
<br />30,188
<br />11i,048
<br />iJ3,429
<br />150,/62
<br />i6A,179
<br />186,607
<br />2D5,TT5
<br />225,10A
<br />246,~30
<br />~
<br />a ParNiep Revenue
<br />50,902
<br />90,751
<br />94,381
<br />9A,156
<br />10Z.OB2
<br />106,165
<br />H0.412
<br />11~,B28
<br />119.422
<br />~ TOTAL POTENTWI.OROSS REVENUE ABi,939 1,580,167 1600.1TB 1,620,986 1,612,629 1,665,140 1,68A,555 1712 t.T38,220
<br />z
<br />~ EFFECTIVE(4ROSSREVENUE
<br />881.938
<br />1,580,16T
<br />1,600,i7B
<br />1,620,986
<br />1612 29
<br />7,665,140
<br />1,688.555
<br />1,712.90/
<br />1,738,2Y0
<br /> ~
<br />w OPERATINfi EXPENSES
<br />~ CLEPJJINGEXP 72,151 129,705 134,891 1~0,269 145,901 151,137 151,806 161,119 1TO,6B3
<br />PERSONNEL 20,209 36,029 37,4T0 38,969 ~,51E ~2,1~9 13,A35 45,589 I1,412
<br />M~1pRhVliryT 1,347 2,~02 2,49A 2.59E 2,T02 Y,B10 2,822 3,039 3,161
<br />OTHERAA4INT 1~,820 26,4Z1 2i,/1B 2A,577 29,T~1 30,909 91,14B 33,~32 34,769
<br />-{yp~ ~T ~ 18,e61 33,627 34,971 36,311 37,826 39,339 /~,913 42,549 14,251
<br />ELECMNM ~,012 T,206 7,~94 7,79~ 8,108 6,~30 E,767 9,11A 9,~82
<br />ITIES
<br />U7N 82,182 148,519 151,380 158,~75 164,61~ 171,IOT 1T9,263 185,393 /92,809
<br />.
<br />~o SEWRITYILUYE SAFTY 3,368 8,005 6,2/5 6,~95 8,755 1,025 7,308 7,596 1,902
<br />~ MANAGNENT FEE
<br />~ GROUNDSIftOADS MNNT
<br />RFJII. pROPERTY TAX
<br />N INSURANCE
<br />11,152
<br />20,N1
<br />21,233
<br />22,083
<br />22,966
<br />23,BB5
<br />24,E10
<br />25,E31
<br />26,861
<br />w PROFFEES
<br />~ OTHERBLDGMGMTCOSTS
<br />,
<br />~_ 6T4
<br />__ 1,2U1
<br />1,249
<br />____1,299
<br />. 1,351
<br />__ 1,y
<br />_ 1,/81
<br />11524
<br />_. 1,580
<br />n TOTAL OPERATIN(3 E%PENSES 229,706 ,/09,532 425,913 M2,950 460,6T0 119,096 498,259 518,191 538,916
<br />~NET OPE(iATIN(i INCOME 652,232 1,110,635 1.174,265 1,1~8,036 1,181,959 1,iB6,W4 1,190,298 1,194,713 1,199,304
<br />
<br />wLEASING 6 CAPITAL COSTS
<br />N MRJOR N4VNT
<br />11.479
<br />20,~17 21 33
<br />12,083
<br />2I,968
<br />23,885
<br />2~,B10
<br />15,a31
<br />28,867
<br />~:TOTAL LEASING d CAPITAL COSTS 11,419 20,~17 11,233 22,OB3 22,968 23,8E5 Z~.640 15,83~ 26,861
<br />.i
<br />DEVELOPh~NT COSTS
<br />~JWO/AC~UISITION COSTS
<br />(.~"i '9&'91 LMJD ACQ 960,63~
<br />fOTAI'IANWACQUISITIONCOSTS 980,63~
<br />h
<br />a~
<br />o (eontlnud an ne~t ppe)
<br />~
<br />~ .
<br />o~
<br />,-~ •
<br />Dale ;10/d0197
<br />Time : 1023 em
<br />.,. ReHI : A8J
<br />Pepe ; 1
<br />
|