70 - 72 Waterloo Ave Stabilized Proforma May 1st 2024 - 72A New Lease
70 - 72 Waterloo Ave Stabilized Proforma All New Leases
REVENUE
REVENUE
Room # 70A 70B
Rates 2,672 5,310
Room # 70A 70B
Rates 4,000 6,000
72A 72B
5,000 4,100
72A 72B
5,000 5,000
17,082
20,000
Parking Storage Laundry
150 0 160 310
Parking Storage Laundry
150 0 160 310
Annual Income
208,704
Annual Income
243,720
EXPENSES
EXPENSES
Insurance Hydro & Water Gas Property Tax Property Manager @ 4% Office Maintenance @ 4% Internet Annual Expenses
11,920 3,200 500 12,000 8,199
Net per year Net per month
$161,385 $13,449
Net per year Net per month
$193,600 $16,133
Vacancy 2%
-$4,100
Vacancy 2%
-$4,800
NOI Per month
$157,286 $13,107
NOI Per month
$188,800 $15,733
Valuation @ Cap Rate
0.045 3,495,236
Valuation @ Cap Rate
0.045 4,195,556
8,199 3,300 47,319
Insurance Hydro & Water Gas Property Tax Property Manager @ 4% Office Maintenance @ 4% Internet Annual Expenses
11,920 3,200 500 12,000 9,600 9,600 3,300 50,120