*Property Completing Construction.
*Not currently tenanted.
| Proforma Income/Expense | Pct | Monthly | Annual |
|---|---|---|---|
| Gross Potential Rent (estimated) | — | 1,450 | 17,400 |
| Total Income (estimated) | — | 1,450 | 17,400 |
| — Expenses — | — | — | — |
| Property Taxes – Tax Yr: 2017 | — | -174 | -2,093 |
| Insurance (estimated) | — | -28 | -332 |
| Property Management Fees (Pct of Gross Rent) | 8.00% | -116 | -1,392 |
| Allowance for Maintenance/Turnover/Vacancy (estimated Pct of Gross Rent) | 15.00% | -218 | -2,610 |
| Water/Sewer (estimated) | — | -80 | -960 |
| Trash Collection (estimated) | — | -11 | -126 |
| Common Area Utilities (estimated) | — | 0 | 0 |
| Common Area Maintenance (estimated) | — | 0 | 0 |
| Total Expenses (estimated) | — | -626 | -7,513 |
| —— | — | — | — |
| Net Operating Income (estimated) | — | 824 | 9,887 |