|
Generic image to protect the privacy of residents
8.7% CAP RATE
Great building on a large lot in a suburban setting. The home has an excellent reputation with near full occupancy.
| PROFORMA |
| Gross Income |
$268,055 |
| Expenses |
|
| Business taxes, licenses and memberships |
$592 |
| Insurance |
$6,167 |
| Interest and Bank Charges |
$574 |
| Office |
$3,324 |
| Food Costs |
$31,195 |
| Professional Fees |
$3,334 |
| Property Taxes |
$6,123 |
| Repairs and Maintnance |
$2,872 |
| Salaries and Wages |
$103,200 |
| Telephone/Internet |
$2,000 |
| Travel |
$75 |
| Utilities |
$12,080 |
| Vehicle |
$1,007 |
| Total Expenses |
$172,543 |
| Net Operating Income |
$95,512 |
| |
|
| * Based on 2021 Normaized financials |
|
| ** Information provided by the Seller. Buyers to verify all information. |
|
