Ruthrauff Rd. / Interstate 10
| Proforma Investment Overview | |||
| Potential Annual Income | $268,415 | ||
| Less 5% vacancy | -$13,421 | ||
| Operating Income | $254,994 | ||
| Annual Expenses: | |||
| MANAGEMENT | $12,750 | ||
| INSURANCE | $3,000 | ||
| PROPERTY TAX | $14,240 | ||
| TELECOM | $1,200 | ||
| WATER | $800 | ||
| CLEANING & MAINTENANCE | $4,000 | ||
| ELECTRICAL | $12,000 | ||
| Total | $47,990 | ||
| Net Operating Income | $207,005 | ||
| CAP RATE $2,250,000 | 9.20% | ||