PROFORMA INCOME STATEMENT
KROSAN US,LLC
KROSAN COMMERCIAL CONDOMINIUM COMPLEX
52,500+/- SF COMMERCIAL/LIGHT INDUSTRIAL /OFFICE WAREHOUSE 4.5 ACRES- 532 & 534 MERCANTILE PLACE, ST LUCIE WEST, PSL, FL
INCOME: 52,500 525,000 CAM/TAXES 210,000 All leases /annual adjustments of 3%-5% Sub Total: $735,000 Average Annual Income for first 5 yrs: $750,300 Less vacancy factor: ($36,000) Net Average Annual Income for first 5 yrs: $714,000 EXPENSES: Maintenance/Misc/Mgmt Real Estate Taxes Common Area Maintenance/Ins $6,000 $104,000 $100,000 Total Expenses: $210,000
Net income before debt: $514,500
*Note: Proforma income assumes a below normal market lease rate.
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Site Plan for
KROSAN COMMERCIAL CONDOMINIUM COMPLEX
