Tenants |
|
Income |
Expenses |
Totals |
Lease Expirations |
| 1) United Muffler |
|
$48,000 |
|
|
June 2019 |
| 2) NY Max Coating |
|
$30,720 |
|
|
March 2011 |
| 3) Sound Dimensions |
|
$33,600 |
|
|
February 2011 |
| 4) Clothing |
|
$12,000 |
|
|
Oct. 2011 |
| 5) Emely Auto Dealer |
|
$34,800 |
|
|
Mar. 2013 |
| 6) MP Auto Repair |
|
$30,000 |
|
|
Jan. 2012 |
| From Property tax |
|
$10,000 |
|
|
|
| |
Property tax |
|
$21,344 |
|
|
| |
Insurance |
|
$ 3,000 |
|
|
| |
Maintenance |
|
$ 5,000 |
|
|
| Net Operating Income |
|
|
|
$169,776 |
|
| Price |
|
|
|
$2,000,000 |
|
| Capitalization Rate |
|
|
|
8.4% |
|
|