Generic photo to protect the privacy of residents
UNDER CONTRACT
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EASTERN ONTARIO - 20-30 BED HOUSING WITH SUPPORT FACILITY 25% CAP Rate
Large lot in prime location for future expansion, zoning in place for expansion. Fully rebuilt and renovated, and updated in 2009. Lovely building with full sprinklers. |
| 22 BED HOUSING WITH SUPPORT | ||||
| REVENUE | ||||
| Tenants | $430,337.19 | |||
| Other | $10,000.00 | |||
| TOTAL REVENUE | $440,337.19 | |||
| EXPENSES | ||||
| Office Expenses | 7422.02 | |||
| Food & Supplies | 50413.12 | |||
| Gifts | $1,506.84 | |||
| Accounting | $2,271.30 | |||
| Registration | $355.10 | |||
| Bank Charges & Interest | $645.86 | |||
| Telephone | $913.64 | |||
| Wireless | $730.62 | |||
| Internet | $937.60 | |||
| Cable | $1,552.20 | |||
| Salary | $71,580.49 | * | ||
| Remittance | $13,669.10 | |||
| Vehicle Epenses | $2,000.00 | |||
| Insurance Car | $2,945.00 | |||
| Sub Labour | $4,560.00 | |||
| Training | $150.00 | |||
| WSIB | $803.71 | |||
| Activity & Entertainment | $4,181.34 | |||
| House Insurance | $4,963.68 | |||
| Property Tax | $7,446.80 | |||
| Security Alarm | $412.84 | |||
| Utilities | $14,732.81 | |||
| Garbage Disposal | $1,410.24 | |||
| Machine Rental | $1,830.60 | |||
| Repair and Maintenance | $10,139.90 | |||
| TOTAL EXPENSES | $207,574.81 | |||
| NET EARNINGS | $232,762.38 | |||
| * does not include owner's wages | ||||
