ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
RENT ROLL - 3500 NW 17 AVE, Miami, FL 33142
2
Unit #TenantSFPrice/SFAnnual RentBase Rent/MonthSales TaxTotal Monthly RentLease ExpirationIncreasesOptionsLease Type
3
1MED PLUS5,800$20.07$116,400$9,700$631$10,3314/29/20285% annnually * also pays proportionate share of tax increases from 2022Gross
4
2MIA RETAIL SYSTEMS INC5,800$21.00$121,800$10,150$660$10,8108/31/2025*Tenant shall pay his proportionate share of tax increases from 2021Two (2) Five (5) year options.$23 per sq ft ,$1 per square foot increase per year * LANDLORD CAN CANCEL OPTION AT SALE w 30 Day noticeGross
5
Totals:11,600$238,200$19,850.00
6
7
GROSS INCOME$238,200
8
Expenses
9
Taxes$37,986
10
Insurance$32,353
11
*estimated Maintenance$4,650
12
*estimated Trash$3,874
13
*estimated Electric$1,342
14
Total:$80,205* LANDLORD CAN CANCEL OPTION AT SALE w 30 Day notice
15
NET PROFIT$157,995
16
17
2026 PRO FORMA
18
19
Unit #TenantSFPrice/SFAnnual RentRent/MonthSales TaxTotal MonthLease ExpirationIncreases
20
1MED PLUS5,800$22.13$128,328$10,694$695$11,3894/29/20285%Gross
21
2NEW TENANT (NNN)5,800$30.00$174,000$14,500NNN
22
Totals:11,600$302,328$25,194.00
23
*Blue denotes hypothetical new leases
24
25
GROSS INCOME$302,328
26
Expenses
27
Re-Assesed Taxes (@asking)$38,918
28
* Insurance$34,353
29
*estimated Maintenance$2,325
30
*estimated Trash$1,478
31
*estimated Electric$587
32
Total:$77,662
33
NET PROFIT$224,666
34
CAP RATE4.3%
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100