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Apartments @ Ramsey Town Center <br />Stabilized Income <br />247 UNITS <br />Monthly <br />Unit Type Rent # Of Units January February March April May June July August September October November December TOTAL <br />Studio -650sf 5815 37 30,155 30,155 30,155 30,155 30,155 30,155 30,155 30,155 30,155 30,155 30,155 30,155 361,860 <br />1 Bedroom /1 Bath 750sf $940 111 104,340 104,340 104,340 104,340 104,340 104,340 104,340 104,340 104,340 104,340 104,340 104,340 1,252,080 <br />1 Bedroom /1 Bath/ Den 950sf $1,190 37 44,030 44,030 44,030 44,030 44,030 44,030 44,030 44,030 44,030 44,030 44,030 44,030 528,360 <br />2 Bedroom /2 Bath 1250sf $1,560 62 96,720 96,720 96,720 96,720 96,720 96,720 96,720 96,720 96,720 96,720 96,720 96,720 1,160,640 <br />Total Gross Possible <br />Average Rent <br />Less Vacancy - 6% <br />Effective Rental Income <br />:OTHER INCOME <br />'Self Storage <br />Garages <br />Laundry & Vending <br />Cable @ 8% <br />Phone @ 6% <br />Late & NSF <br />Application Fees <br />Pet Registration Fees <br />Pet Fee ( Monthly) <br />Miscellaneous <br />Administrative Fee <br />View Premiums <br />247 275,245 275,245 275,245 275,245 275,245 275,245 275,245 275,245 275,245 275,245 275,245 275,245 3,302,940 <br />16,515 16,515 16,515 16,515 16,515 16,515 16,515 16,515 16,515 16,515 16,515 16,515 198,176 <br />258,730 258,730 258,730 258,730 258,730 258,730 258,730 258,730 258,730 258,730 258,730 258,730 3,104,764 <br /># of Units 'Monthly <br />Rent <br />100 819 92 1,992 1,992 1,992 1,992 1,992 1,992 1,992 1,992 1,992 1,992 1,992 1,992 23,904 <br />0 $110.00 - - - - - - - <br />247 $0.00 - - - - - - - - <br />247 $3.20 790 790 790 790 790 790 790 790 790 790 790 790 9,485 <br />247 $2.40 593 593 593 593 593 593 593 593 593 593 593 593 7,114 <br />247 S7.50 1,853 1,853 1,853 1,853 1,853 1,853 1,853 1,853 1,853 1,853 1,853 1,853 22,230 <br />247 $2.57 635 635 635 635 635 635 635 635 635 635 635 635 7,615 <br />247 $1.84 453 453 453 453 453 453 453 453 453 453 453 453 5,439 <br />247 $4.00 988 988 988 988 988 988 988 988 988 988 988 988 11,856 <br />247 $0.00 - - - - - - - - - <br />247 $9.17 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,266 2,266 27,192 <br />0 S 102.00 - - - - - - <br />Total Other lncome 9,569 9,569 9,569 9,569 9,569 9,569 9,569 9,569 9,569 9,569 9,569 9,569 114,834 <br />Less Vacancy Other lncome - 6% 574 574 574 574 574 574 574 574 574 574 574 574 6,890 <br />Total Other lncome 8,995 8,995 8,995 8,995 8,995 8,995 8,995 8,995 8,995 8,995 8,995 8,995 107,944 <br />$1,194 <br />$5 <br />Total lncome 267,726 267,726 267,726 267,726 267,726 267,726 267,726 267,726 267,726 267,726 267,726 267,726 3,212,707 <br />