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<br />1 0/25/2004 Page 9 of 13
<br />'OWWi . 5i ill
<br />OPERATING EXP- 2006 "" . ". 2009
<br />Opera~on CAM 91,000 91,000 91.000 91,000 91,000
<br />Reserves-$.50SqlFI 5,000 6,500 6,500 6,500 6,500
<br />Total Office Overhead 2,000 2.000 2,000 2,000 2,000
<br />TotalUtilrties 0 0 0 0 0
<br />TOlalMaintenance 0 0 0 0 0
<br />MANAGEMENT AND OTHER FEES
<br />ManagemenlFees 0 0 0 0 0
<br />Property Taxes 0 . 0 0 0
<br />Expense on vacancy 0 '0 0 0 0
<br />Ucenses and Fees 0 0 0 0 0
<br />TOTAL FEES 0 0 0 0 0
<br />TOTAL EXPENSES 91,000 99600 99,600 99,600 .t,51H1
<br />NET OPERATING INCOME 142,591 141,091 141,091 141,091 141,091
<br />ABATEMENT PAYMENTS 0 0 0 0 0
<br />CASH FLOW AVAIL. FOR DEBT SERVICE 142.,591 141,091 141,091 141,091 141,091
<br />DEBT SERVICE . _Private 99,121 99.121 99.121 99,121 99,121
<br />DEBT SERVICE _ _Crt 0 0 0 0 0
<br />CASH FLOW AFTER FINANCING 43,470 41,970 41,970 41,970
<br />RETVit'I\j:ON'iNVElt'ANNUAt
<br />RETURN ON INVES.-AVERAGE 12.00% 11.80% 11.13% 11.69% 11.67%
<br />
<br />OPERATING EXP. (-I 2010 2011 2012 2013 2014
<br />Opllra~on 91.000 91,000 91,000 91,000 91,000
<br />RlIsllrves_$.50SqlFt 6,500 6,500 6,500 6.500 6,500
<br />Total Office Overhead 2,000 2.000 2,000 2,000 2,000
<br />TotalUm~les 0 0 0 0 0
<br />Total Maintenance 0 0 0 0 0
<br />MANAGEMENT AND OTHER FEES
<br />ManagemllntFaas 0 0 0 0 0
<br />Property Taxes 0 0 0 0 0
<br />Expense on vacan~y 0 0 0 0 0
<br />Li~enses and Fees 0 0 0 0 0
<br />TOTAL FEES 0 0 0 0 0
<br />TOTAL EXPENSES 99,500 91500 119,500 99,600 99500
<br />NET OPERATING INCOME 141,091 141,091 141,091 141011 141,011
<br />ABATEMENT PAYMENTS 0 0 0 0 0
<br />CASH FLOW AVAIL. FOR DEBT SERVICI 141,091 141,091 141,091 141.091 141,091
<br />DEBT SERVICE - - Private 99,121 99,121 99,121 99,121 99,121
<br />DEBTSERVICE(. -C~y 0 0 0 0 0
<br />CASH FLOW AFTER FINANCING 41,970 41,970 41,970 41,170 41,170
<br />RE'WRN'6NJitvEt.'.:.\NNUAJJ' : h:$O% ' 11;59% iUS%: -11'$% 11:$9%
<br />RETURN ON INVES..AVERAGE 11.66% 11.65% 11.64% 11.64% 11.63%
<br />
<br />OPERATING EXP, - 2015 2016 2017 201& 2019
<br />Operetion 91.000 91,000 91,000 91,000 91,000
<br />Reserves-$.50Sq/Ft 6,500 6,500 6,500 6,500 6,500
<br />ToIalOffice Over11ead 2,000 2,000 2,000 2.000 2,000
<br />ToIal Util~ies 0 0 0 0 0
<br />Total Maintenance 0 0 0 0 0
<br />MANAGEMENT AND OTHER FEES
<br />ManagemantFees 0 0 0 0 0
<br />Property TaX8s 0 0 0 0 0
<br />Expense on va~an~y 0 0 0 0 0
<br />licenses and Fees 0 0 0 0 0
<br />TOTAL FEES 0 0 0 0 0
<br />TOTAL EXPENSES 19,600 99,500 19,600 99,600 99,600
<br />NET OPERATING INCOME 141,0'1 141,0'1 141,091 141,091 141,011
<br />ABATEMENT PAYMENTS 0 0 0 0 0
<br />CASH FLOW AVAil. FOR DEBT SERVICI 141,091 141,091 141,091 141,091 141,091
<br />DEBT SERVICE . - Private 99.121 99,121 99,121 99,121 99,121
<br />DEBT SERVICE -j - C~ 0 0 0 ~ 0
<br />CASH FLOW AFTER FINANCING 41170 41,970 41,170 41,970
<br />RETURN ON INVES.-AVERAGE 11.63% 11.62% 11.62% 11.62% 11.62%1
<br />
<br />Prepared by Ehlers
<br />
<br />Appendix H Metroplalns profonna
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