|
So1N+aro ARGUS vei.o.u.uu CauAhouaeSquue
<br />File :12•10-98 Finencing final CouA 8 Nigh StreMa
<br />PropeAy Type : Olflce 8 Retail Salem, Orepan
<br />PoMolio SCHEDULE OF PROSPECTNE CASH FLOW
<br /> In InAated Dollars tor lhe Fiscal Year beginning 7l1f1997
<br />Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8
<br />2003 Jun•2004 Jum2005
<br />J Year 9
<br />Jun•2006 Year10
<br />Jun•2007
<br />For the Years Ending Jun-1998 _ Jun•1999 Jun-2000 un-
<br />Jun•2001 Jun-2002
<br />POTENTIAI GROSS REVENUE $~ ~y3 ~gg g~ 7g3,189 $1 793,189 $1 793,189 1s 793,189 1S ,793,189 31 793,189 1; 793,189
<br />Base Rental Revenue _
<br />793,189
<br />1
<br />1,793,189 1,793,189 1,793,189 1,793,189 1,793,189
<br />1,793,189
<br />1,793,189
<br />Scheduled Base Rental Revenue ,
<br />Expense Reimbursement Revenue
<br />CLEANING EXP
<br />PERSONNEL
<br />MINOR MAINT
<br />OTHER MAINT
<br />HVAC MAINT
<br />ELEC MAINT
<br />UTILITIES
<br />SECURINNFE SAFTY
<br />MANAGMENTFEE
<br />GROUNDSIROADS MAINT
<br />REALPROPERTYTAX
<br />INSURANCE
<br />PROFPEES
<br />OTHER BLDG MGMT COSTS
<br />Total Reimbursement Revenue
<br />31,285 37,502 43,961
<br />213 50,692
<br />082
<br />14 57,685
<br />023
<br />16 64,960
<br />18,042 72,523
<br />20,145 80,388
<br />22,330
<br />8,691 10,417
<br />694 12,
<br />814 ,
<br />938 ,
<br />1,068 1,202 1,342 1,487
<br />579
<br />6,373 7,638 8,957 10,324
<br />143
<br />3 11,750
<br />955
<br />14 13,232
<br />16
<br />841 14,772
<br />18,802 16,375
<br />~,~1
<br />8,11D
<br />739
<br />1 9,722
<br />2,083 11,399
<br />2,442 ,
<br />1
<br />2,815 ,
<br />3,205 ,
<br />3,607 4,029
<br />922
<br />1 4,464
<br />809
<br />90
<br />,
<br />35,340 42,362 49,667 57,263
<br />348 65,164
<br />672
<br />2 73,379
<br />006
<br />3 8
<br />,
<br />3,358 ,
<br />3,721
<br />1,448 1,136 2,036 2, , ,
<br />4,924 5,903 6,922 7,980 9,079 iD,226 11,415 12,654
<br />ygp 348 408 470 534 602 610 745
<br />gg,71g 118,405 138,825 160,055 182,135 205,091 228,978 253,B14
<br />
<br />Parking Revenue _________ 130,800 136 032 141,473 147,132 153,017 159,138 165,504 172,124
<br />TOTAL POTENTIAL GROSS REVENUE 2 D22,768 2 047,626 2 073,487 21D0,376 2,128,341 2157,424 2187,611 2,219,127
<br />EFFECTIVE GROSS REVENUE _,______ _._ ___- 2,~22,768 2 047,626 2 073 487 2100,376 2128,341 2157,424 2181,671 2 219,127
<br />OPERATING EXPENSES
<br />CLEANING EXP
<br />PERSONNEL
<br />MINOR MAINT
<br />OTHER MAINT
<br />HVAC MAINT
<br />ELEC MAINT
<br />UTILITIES
<br />SECURITYILIFE SAFTY
<br />MANAGMENTFEE
<br />GROUNDSIROADS MAINT
<br />REAL PROPERTY TAX
<br />INSURANCE
<br />PROF FEES
<br />OTHER BLDG MGMT COSTS
<br />TOTALOPERATING EXPENSES
<br />NET OPERATING INCOME
<br />LEASING 8 CAPITAL COSTS
<br />MAJOR MAINT -
<br />TOTAL LEASING 3 CAPITAL COSTS _
<br />CASH FLOW BEFORE DEBT SERVICE
<br />DEBT SERVICE
<br />Interest Paymanis
<br />Principal Payments --
<br />TOTAL DEBT SERVICE
<br />155,428 161,645 168,111 174,836 181,829 189,102
<br />5 196,666
<br />5 204,533
<br />5
<br />4 3
<br />4 43,693 238
<br />43 53,367 3 502 3,642 3,188
<br />2,878
<br />31,661 2,99
<br />32,928 34,245 ,
<br />35,615 37,039 38,521 40,062 41,664
<br />4 80
<br />4 340
<br />49 713
<br />49 10,102 10506 10, 6 11,363
<br />8,635
<br />17 89
<br />18 ,
<br />18 ,
<br />4
<br />19 20B,41g 218171~5r ZZ9
<br />105 69
<br />239
<br />1f596 7,484 7,783 094
<br />g, , ,
<br />24,466 25,444 26,462 27,520 28,621 29,766 30,957 32,195
<br />1,439 1,497 1,557 1,619 1,684 1,751 1,821 1,894
<br />490,749 510,379 530,796 552,027 574,108 597,072 620,951 645.794
<br />1532,019 1537,247 1542,691 1548,349 1554,233 1560,352 1566,714 1573,333
<br />23,026 23,947 24,905 25,902 26,938 28,015 29,136 30.301
<br />23,026 23,947 24,905 25,902 26,938 28,015 29,136 30,301
<br />1508,993 1513,300 1517,786 1522,447 1,527,295 1532,337 1531,578 1543,032
<br />1,063,400 1,040,888 1,017,238 992,394 966,294
<br />699
<br />542 938,875
<br />117
<br />570 910,071
<br />598
<br />921 879,812
<br />629,180
<br />445,592 468,104 491,754 516,599 , , ,
<br />---
<br />1,508,992 _
<br />._ 1,508,992
<br />_1508,992
<br />1508,993
<br />1508,993
<br />1508,992
<br />1508,992
<br />1,508,992
<br />nm. ; e:aa.m
<br />RdR ; AAP '
<br />Pope :1 '
<br />(conlinued on next page)
<br />
|