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14 January 2012 | 14 replies
Secondly, it appealed to a more upscale tenant because it was considered "green."
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17 January 2012 | 7 replies
The upside is the property complete redone and green efficient. maintenance free for years. here is a snapshot of the pro formaINCOME Year 1Year 2Year 3Year 4Year 5Year 6Rental Income 2% $53,700 $53,700 $54,774 $55,869 $56,987 $58,127 Vacancy Loss 10% ($5,370)($5,370)($5,477)($5,587)($5,699)($5,813)TOTAL INCOME $48,330 $48,330 $49,297 $50,283 $51,288 $52,314 EXPENSESOperating Expenses2% $18,750 $19,125 $19,508 $19,898 $20,296 $20,702 Real Estate Taxes2% $3,730 $3,805 $3,881 $3,958 $4,037 $4,118 Make-ready/Leasing Reserve $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Structural Reserve$0.15 psf $500 $500 $500 $500 $500 $500 TOTAL EXPENSES $23,980 $24,430 $24,888 $25,356 $25,833 $26,320 NET OPERATING INCOME $24,350 $23,900 $24,408 $24,927 $25,455 $25,994 TOTAL PROJECT RETURN ON INVESTMENT 10.17%10.36%10.39%10.61%10.83%11.06% FINANCINGMortgage$220,000 ($17,010)($17,010)($17,010)($17,010)($17,010)($17,010)Interest6.00%Amortization 25YearsCASH FLO W AFTER DEBT $7,340 $6,891 $7,399 $7,917 $8,446 $8,985
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8 April 2013 | 34 replies
The 1980's pitchmen that come to mind: Al Lowery, Marc Haroldson, Tom Vu, Ed Beckly, Tony Hoffman, Robert Allen, Bill Bronchick, Dave Del Dotto, Bill Greene, John Schwab.
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22 March 2012 | 19 replies
For green homes (not necessarily zero energy) it was $170 psf.
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15 May 2012 | 40 replies
I certainly do not know your market so take this with a grain of salt, but as constructive criticism, everything in this home looks great until you get to that green tile bathroom and the older looking white cabinets in the kitchen with the tile countertops.
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19 May 2013 | 12 replies
Anyways I saw this and although I am still pretty green in investment experience, I am an avid reader of macro ec.
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15 March 2012 | 4 replies
No lien was found during the title work and we are green light for tomorrow.
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16 March 2012 | 1 reply
Don't drink too much green beer, everyone -- Guinness is much better!
25 September 2013 | 9 replies
Mike, I'm very green but I am in Davenport.
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1 April 2012 | 28 replies
My advice is don't be the next Mo Green!