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Mortgage Balance

$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

$ (201,792) $ (201,792) $ (201,792) $ (201,792) $ (201,792) $ (1,008,960)


$ 30,000 $
30,000 $ 30,000 $
- $
- $
90,000
$ 19,000 $
19,000 $ 19,000 $ 19,000 $
19,000 $
95,000
$
8,000 $
8,000 $
8,000 $
8,000 $
8,000 $
40,000
$ (32,000) $ (32,000) $ (32,000) $ (32,000) $ (32,000) $ (160,000)
$ (1,282) $
(1,282) $
(1,282) $
(1,282) $
(1,282) $
(6,410)

Total
Tax Impact
Building Depreciation
Roof Depreciation
Roof Repair

$ (178,074) $ (178,074) $ (178,074) $ (208,074) $ (208,074) $


$
- $
62,326 $ 62,326 $ 62,326 $
72,826 $
$ 32,000 $
32,000 $ 32,000 $ 32,000 $
32,000 $
$
1,282 $
1,282 $
1,282 $
1,282 $
1,282 $
$ (50,000) $
- $
- $
- $
- $

(950,370)
259,804
160,000
6,410
(50,000)

Cash Flow

$ (194,792) $

(574,156)

(82,466) $

(82,466) $ (112,466) $ (101,966) $

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)

$ (115,200) $ (115,200) $ (115,200) $


$ 40,320 $ 40,320 $
40,320 $
$
- $
- $
- $
$
- $
- $
- $

(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

$ (254,700) $ (133,200) $ (115,200) $ (115,200) $ (115,200) $


$ 17,500 $
89,145 $ 46,620 $ 40,320 $
40,320 $

(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

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