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HOUSING OPERATING BUDGET - INCOME I I I r
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<br /> Project Name: Apple Orchard
<br /> Date: 08/08/03
<br /> County: Lane
<br /> ANNUAL Residential Income: Annual Inflation Rate Factor: 3;00%
<br /> Gross Tenant Net
<br /> Median Monthly Paid Monthly
<br /> Unit Unit Ct of Square Income Rent Per Utility Rent Per Number
<br /> Size Type Baths Feet % Unit Allow Unit of Units 1 2 3 i 4 5 10 15 20 30
<br />
<br /> 0 Bdr 1.0 5,50 31 268~ 42 = 226 x12 ~4 = 10,848 11,173 11,509 11,854. 12,210 14,154 16,409 19,022 25,564
<br /> 0 Bdr : 1 0 550 41 : 357 - 42 = 315 x12 : 4 = 15,120 15,574 16,041 I 16,522 17,018 19,728 22,870 26,513 35,631
<br /> 1 Bdt 1.0 740 41 : 38t - 55 = 326 x12 4 = 15,648 16,117 16,601 17,099 17,612 20,417 23,669 27,439 36,876
<br /> :t Bdr 1~0 740 51 47~~- 55 = 422 x12 : 3 = 15,192 15,648 16,117 16,601 17,099 19,822 22,979 26,639 35,801
<br /> 0. 0
<br /> Mgr. Bdr 1.0 740: 0 0~- : 0 = 0 x12 1 = 0 0 0 0 0 0
<br /> 2 Bdr 1.O 840 41 ;: 458~ 68 = 390 ×12 ~2 = 56,160 57,845 59,580 61,368 63,209 73,276 84,947 98,477 132,345
<br /> : 2 Bdr 1.O 840 51 :573 - :68 = 505 x12 12 = 72,720 74,902 77,149I 79,463 81,847 94,883 109,996 127,515 i 171,369
<br /> 0 0
<br /> Bdr : 0 ~ ~ : : 0 x12 : = 0 0 0 0 0 0 0
<br /> Bdr 0 ~ = 0 x12 = 0 0 0 0 0 i~ 0 0 0 0
<br /> ~ 0 .. ~ = 0 X12 = 0 0 0 0 0 0 0 0 0
<br /> Bdr 0 : ~ = 0 x12 = 0 0 0 0 0 0 0 0 0
<br /> Bdr ~ 0: : ~- : : = 0 x12 = 0 0 0 0 0 0 0 01 0
<br /> ~ ~ ~ o ×12 = o o o o o o o o[ o
<br /> ~ _=_ o x12 = o o o o o o o o o
<br />
<br /> SUB-TOTALS 40 = 185,688 191,259 196,996 202,9061 208,993 242,281 280,870 325,605,
<br />
<br /> Service Revenue: Total Annual Income
<br />
<br /> Medicaid-Resident Services (Averaged) 0 0 0 0 0 0 0 0 I 0
<br /> Private-Resident Services (Averaged) 0 0 0 0 0 0 0 0 I 0
<br /> Other: 0 0 0 0 0 0 0 0 i 0
<br /> Other: : 0 0 0, 0 0 0 0 0 i 0
<br /> Other Revenue:
<br />
<br /> Laundry ~1,600 1,545 1,591 1,639 1,688 1,957 2,269 2,630 3,535
<br /> Garage/Parking 0 0 0 0 0 0 0 I 0
<br /> Deposits on Turnover ' ~11800 1,854 1,910 1,967 2,026 2,349 2,723 3,156 4,242
<br /> Commercial Space: i : 0 0 0 0 0 0 0 0
<br /> Cable TV 0 0 0 ~l 0 0 0 0 0
<br /> Other: I 0 0 0 0 0 0 0 I 0
<br /> : 0 0 0 0 0 0 0 0
<br /> Other:
<br />
<br /> SUB-TOTAL OTHER REVENUE 3,300 3,399 3,501 3,606 I 3,714 4,306 4,992 5,787 7,777
<br /> ~ I
<br /> Gross Income: 188,988 194,658 200,497 206,512 212,708 246,586 285,861 331,392 445,363
<br />
<br /> Less Vacancy Rate 5% (9,449) (9,733) (10,025)i (10,326) (10,635) (12,329) (14,293) (16,570) (22,268_)
<br />
<br /> Effectiv Gross lncome: 179,539 184,925 190,473, t96,187 202,072 234,257 271,568 3t4,822 423,094
<br />
<br /> Note: Projects that provide care services (e.g., Assisted Living Facilities) need to delineate the service levels and
<br />anticipated revenue as well as the basic monthly rents on a separate parle I I I I
<br />2Ot)3 CFC AppLication - Tab ¢, Pro Forma Pages
<br />Apple Orchard
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