Net Operating Income Analysis
Property Name Valuing 4-Plex Example
Property Address 1234 Something Street
Date 12/25/01
 Current  Projected
ANNUAL INCOME
Potential Income
Base Rents      27,120     28,740
Other Income
Other Income
   
Total Potential Gross Income      27,120     28,740
Allowance for Vacancy 5.0 %       (1,356) 5.0 %      (1,437)
   
Effective Gross Rent      25,764     27,303
Percentage Rents
CAM Reimbursement
Other Fixed Income
Other Fixed Income
   
TOTAL REVENUE      25,764     27,303
ANNUAL EXPENSE
Property Tax        1,875       1,875
Insurance            475           475
House Water/Sewer        1,750       1,750
House Electricity            485