RENT PER MONTH
Ground FL $2000 (was $2400) — 2bed 1bath
1st FL $3100 — 3bed 2bath
2nd FL $2800— 3bed 2bath — Empty
3rd FL $2800 — 3bed 1bath
=$10,700 x 12 $128400
ANNUAL EXPENSES
$3300 Insurance
$4000 Water
$5560 Gas/Heat
$5700 Taxes
=$18,560
NOI $109840
4.3% CAP
Residential FAR 3.44
Facility FAR 6.5
FAR as built 1.60
Allowed usable floor area 8,170
Usable floor area as built 3,800
Unused FAR 4370
RENT PER MONTH
Ground FL $2000 (was $2400) — 2bed 1bath
1st FL $3100 — 3bed 2bath
2nd FL $2800— 3bed 2bath — Empty
3rd FL $2800 — 3bed 1bath
=$10,700 x 12 $128400
ANNUAL EXPENSES
$3300 Insurance
$4000 Water
$5560 Gas/Heat
$5700 Taxes
=$18,560
NOI $109840
4.3% CAP
Residential FAR 3.44
Facility FAR 6.5
FAR as built 1.60
Allowed usable floor area 8,170
Usable floor area as built 3,800
Unused FAR 4370