Revenue Rent-Apt #1 Rent-Apt #2 Rent-Apt #3 Vacancies and Collection Losses Total Revenue Operating Expenses 26 Insurance Property Management Fees Property Taxes 3 Repairs and Maintenance Maintenance D Repairs and Improvements Transitional 1 2 3 Utilities 4 Water 5 Total Operating Expenses 28 29 30 NOI (w/o management) 31 Cap Rate (w/o management) 32 Net Income before Financing Market value = NOI/cap rate= 33 600,014.2857 34 Operating Expense Ratio = Total Operating Expenses/Total 35 Revenue 2023=29303/64602 36 12 Months Ended 12/31/21 22,800 20,400 15,000 (435) 57,765 1,202 2,484 1,602 7,221 4,910 2,311 1,959 21,688 36,077 12 Months Ended 12/31/22 24,600 22,200 16,200 (265) 62,735 1,474 2,072 1,650 7,842 5,332 2,509 1,926 22,806 39,929 42,001 7.00% D 1/31/23 2,250 1,950 1,350 (167) 5,384 2,000 646 950 673 458 215 175 5,117 267 E 2/28/23 2,250 1,950 1,350 (167) 5,384 646 673 458 215 175 2,167 3,217 F 3/31/23 2,250 1,950 1,350 (167) 5,384 646 673 458 215 175 2,167 3,217 G H 2912 North Main Street Pro Forma