Professional Documents
Culture Documents
$39,680.00
$24,000.00
$140,600.00
$204,280.00
-$32,560.00
$171,720.00
Annual
Expenses
Management
Insurance
Maintenance
Utilities
Taxes
Reserves
Total
expenses
$8,586.00
$7,920.00
$39,600.00
$8,800.00
$0.00
$15,400.00
$80,306.00
$91,414.00
Assumptions
Sq
footage
of
grocery
store/comm'y
space
Grocery
store
rent
per
yr
Family
Dollar
sq
footage
Family
Dollar
rent
per
yr
Total
sq
footage
of
center
Remaining
sq
footage
Annual
sq
ft
rental
price
Vacancy
rate
management
costs
Insurance
per
sq
ft
Maintenance
per
sq
ft
Utilities
per
sq
ft
Reserve
per
sq
ft
Fund
for
Democratic
Communities
15,000
$24,000.00
10,000
$40,000.00
44,000
19,000
$7.40
10%
5%
$0.18
$0.90
$0.20
$0.35
If community owns as a non-profit land trust, then no taxes due. Otherwise $26,184
Scenario
2
$1,900,000
10
2023
15
2038
2038
$950,000
$800,000
$150,000
$950,000
$500,000
$450,000
$91,414
Scenario
3
$1,900,000
10
2023
20
2043
N/A
$950,000
$800,000
$150,000
$950,000
$950,000
$0
$91,414
$58,174
$58,174
$35,000
$74,381
$0
$0
$69,082
$69,082
$0
$33,240
$33,240
$56,414
$17,033
$91,414
$91,414
$22,332
$22,332
$91,414
$166,200
$332,399
$664,798
$1,793,078
$85,164
$170,327
$712,561
$2,997,911
$111,661
$223,323
$446,646
$2,274,926
$166,200
$332,399
$664,798
$1,793,078
$0
$85,164
$255,491
$2,540,841
$0
$111,661
$334,984
$1,817,856
f4dc.org