Project:

Oasis Real Estate Investments 1

Location:

Chicago, Illnois

Dec-22

Portfolio Acquisition

Funds Raised:

$10,000,000.00 

94 Apartments + 16 Single Family Homes

Acquisition Cost

$10,000,000.00 

Current Gross income

($165,125) x 12

$1,981,500.00 

Portfolio Expenses

Monthly Operating Expense Estimates

Unit Total

Annual Totals

110 Units

Property taxes

2.10%

210,000 

Insurance

$445 per unit per year

49,000 

Management

7%

138,600 

Water & Sewer

$672 per year per unit

74,000 

Repairs & Maintenance

$700 per unit per year

73,204 

Utilities (Common)

30 Buildings x $90 per month

32,400 

Total Expenses

577,204 

Net Operating Income

1,436,696 

Cash Flow Before Tax

1,436,696 

Total Units Leased

110 Units

1,981,500 

Funding for Oasis RE 1 Fund

1st QTR.

2nd QTR.

3rd QTR.

4th QTR.

TOTAL

Portfolio Acquisition

$10,000,000.00 

$0.00 

$0.00 

$0.00 

$10,000,000.00 

$0.00 

$0.00 

$0.00 

$0.00 

$0.00 

TOTAL COSTS

$10,000,000.00 

$0.00 

$0.00 

$0.00 

$10,000,000.00 

RENTAL INCOME

100% OCCUPANCY

100% OCCUPANCY

100% OCCUPANCY

100% OCCUPANCY

110 Units

$495,375.00 

$495,375.00 

$495,375.00 

$495,375.00 

TOTAL INCOME

$495,375.00 

$495,375.00 

$495,375.00 

$495,375.00 

$1,981,500.00 

OPERATING EXPENSES

Property taxes

$52,500.00 

$52,500.00 

$52,500.00 

$52,500.00 

$210,000.00 

Insurance

$12,250.00 

$12,250.00 

$12,250.00 

$12,250.00 

$49,000.00 

Management

$34,650.00 

$34,650.00 

$34,650.00 

$34,650.00 

$138,600.00 

Water & Sewer

$18,500.00 

$18,500.00 

$18,500.00 

$18,500.00 

$74,000.00 

Maintenance

$18,301.00 

$18,301.00 

$18,301.00 

$18,301.00 

$73,204.00 

Utilities (Common)

$8,100.00 

$8,100.00 

$8,100.00 

$8,100.00 

$32,400.00 

TOTAL OPERATING EXPENSES

$144,301.00 

$144,301.00 

$144,301.00 

$144,301.00 

$577,204.00 

NET OPERATING PROFIT/LOSS

$351,074.00 

$351,074.00 

$351,074.00 

$351,074.00 

$1,404,296.00 

FUNDING NEEDS FOR ACQUISITION

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

TOTAL @ 100%

Portfolio Acquisition

$10,000,000.00 

$0.00 

$0.00 

$0.00 

$0.00 

$10,000,000.00 

TOTAL FUNDING

$10,000,000.00 

$0.00 

$0.00 

$0.00 

$0.00 

$10,000,000.00 

RENTAL INCOME

100%
OCCUPANCY

100%
OCCUPANCY

100%
OCCUPANCY

100%
OCCUPANCY

100%
OCCUPANCY

Residential Space

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$9,907,500.00 

TOTAL INCOME

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$1,981,500.00 

$9,907,500.00 

OPERATING EXPENSES

Property Taxes

$210,000.00 

$210,000.00 

$210,000.00 

$210,000.00 

$210,000.00 

$1,050,000.00 

Insurance

$49,000.00 

$49,000.00 

$49,000.00 

$49,000.00 

$49,000.00 

$245,000.00 

Management

$138,600.00 

$138,600.00 

$138,600.00 

$138,600.00 

$138,600.00 

$693,000.00 

Water & Sewer

$74,000.00 

$74,000.00 

$74,000.00 

$74,000.00 

$74,000.00 

$370,000.00 

Repair & Maintenance

$73,204.00 

$73,204.00 

$73,204.00 

$73,204.00 

$73,204.00 

$366,020.00 

Utilities (Common)

$32,400.00 

$32,400.00 

$32,400.00 

$32,400.00 

$32,400.00 

$162,000.00 

TOTAL OPERATING EXPENSES

$577,204.00 

$577,204.00 

$577,204.00 

$577,204.00 

$577,204.00 

$2,886,020.00 

NET OPERATING PROFIT/LOSS

$1,404,296.00 

$1,404,296.00 

$1,404,296.00 

$1,404,296.00 

$1,404,296.00 

$7,021,480.00