Westgate Flyer Westgate Plaza Flyer - FOR PRINT | Page 10

Westgate Plaza
Financials
NET OPERATING
INCOME MONTHLY AVERAGE
SUITE
$9,503.00
NET OPERATING
INCOME ANNUAL AVERAGE 3,200
CAP RATE BASED
ON $1,375,000 8.00%
642
NUMBER OF UNITS
Vacancy and Collection Losses:
7
3%
Effective Monthly Gross Income: $11,600.00
$11,252.00
Net Monthly Operating Income: $9,503.00
$9,155.00
Operating Expenses:
Electric $
Real Estate Taxes $
10 | Westgate Plaza – Deland, Florida
95
820
Insurance $
Stormwater Fee $ 510
Pest Control $ 85
Parking Lot Maint. $
Landscaping $ 103
Repairs $ 250
Total Avg. Monthly Expenses $ 2,097
154
80