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Other information: Purchase price 800,000 annual depreciation 20,000 annual CCA 12,000 sell at beginning of YR 6 ($600,000 bldg; $200,000 land) 20,000 23,520 20,000

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Other information: Purchase price 800,000 annual depreciation 20,000 annual CCA 12,000 sell at beginning of YR 6 ($600,000 bldg; $200,000 land) 20,000 23,520 20,000 22,579 $ 200,000.00 cash investment 20,000 21,676 $800,000 ($450,000 bldg; $350,000 land) 20,000 20,809 Mtg: 75% of purchase price, 6%c/sa, monthly pmts, 15 yr amort., pmt rounded to next whole dollar Investment z: GPI (4% growth Vac @ 4% EGI Op. Exp 3% NOI 4% Mtg Pmt: Principal Interest BTCF ANNUAL DEPRECIATION (OTHER INFO) Tax Expense ATCF EAT (NI) ANNUAL DEPRECIATION ANNUAL CCA Year 1 Year 2 Year 3 Year 4 168,000 174,720 181,709 188,977 Year 5 196,536 6,720 6,989 7,268 7,559 7,861 161,280 167,731 174,441 181,418 188,675 64,000 65,920 67,898 69,935 72,033 97,280 101,811 106,543 111,483 116,642 25,610 27,170 28,824 30,580 32,442 34,870 33,310 31,656 29,900 28,038 60,480 60,480 60,480 60,480 60,480 36,800 41,331 46,063 51,003 56,162 20,000 20,000 20,000 20,000 20,000 16,800 21,331 26,063 31,003 36,162 30% 5,040 6,399 7,819 9,301 10,849 25,040 26,399 27,819 29,301 30,849 11,760 14,932 18,244 21,702 25,313 20,000 20,000 20,000 20,000 20,000 12,000 23,520 22,579 21,676 20,809

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