Professional Documents
Culture Documents
$1,410,000
Offer #1 (Blakeway)
Selling Price =
1
Current
Mortgage Payments
Sublet Income
Utilities
Maintenance
Building Depreciation
Roof Repair Depreciation
Offer #2
Selling Price
$ 1,300,000
Year
3
$ 1,450,000
Total
Total
Tax Impact
Building Depreciation
Roof Depreciation
Roof Repair
(950,370)
259,804
160,000
6,410
(50,000)
Cash Flow
$ (194,792) $
(574,156)
(82,466) $
0.067586
Offer #1
Loss on Sale
Commissions
closing costs
Prepayment Penalties
Rent on our Area
80% of Utilities
50% of Maintenance
Interest on Financing
$
$
$
$
$
$
$
$
(110,000)
(91,000)
(12,000)
(58,000)
(96,000)
(15,200)
(4,000)
(27,600)
$
$
$
$
$
$
$
$
(96,000)
(15,200)
(4,000)
(4,600)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
(110,000)
(91,000)
(12,000)
(58,000)
(480,000)
(76,000)
(20,000)
(32,200)
(847,000)
273,630
230,000
(230,000)
Total
Tax Impact
Loan from Buyer
Principal Repayment
$ (386,200) $ (115,200)
$ 17,500 $ 135,170
$ 230,000 $
$ (115,000) $ (115,000)
Cash Flow
$ (253,700) $
(95,030) $
B/(W) Current
$ (58,908) $
(12,564) $
$
$
$
$
$
$
$
$
(18,000)
(96,000)
(15,200)
(4,000)
(96,000)
(15,200)
(4,000)
-
$
$
$
$
$
$
$
$
(74,880) $
(96,000)
(15,200)
(4,000)
-
$
$
$
$
$
$
$
$
(96,000)
(15,200)
(4,000)
-
(74,880) $
(74,880) $
(573,370)
7,586
37,586
27,086
(96,000)
(15,200)
(4,000)
$
$
$
$
$
$
$
$
(96,000)
(15,200)
(4,000)
$
$
$
$
$
$
$
$
(96,000)
(15,200)
(4,000)
$
$
$
$
$
$
$
$
40,000
(101,500)
(12,000)
(30,000)
(54,000)
(480,000)
(76,000)
(20,000)
Total
Tax Impact
(733,500)
233,905
Cash Flow
$ (237,200) $
(44,055) $
(68,580) $
(74,880) $
(74,880) $
(499,595)
B/(W) Current
$ (42,408) $
38,411
13,886
37,586
27,086
Offer #2
Loss on Sale
Commissions
closing costs
Prepayment Penalties
Rent Share on Buyer Property
Rent on our Area
80% of Utilities
50% of Maintenance
40,000
(101,500)
(12,000)
(30,000)
(36,000)
(96,000)
(15,200)
(4,000)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
786
74,561
172500