40 Vernon Street - Taunton OM

11

INCOME & EXPENSES

2016

2017

2018

Total Revenue

$161,374

$163,374

$167,312

EXPENSES

$/YEAR

$/YEAR

$/YEAR

Electricity

$4,447

$4,582

$4,719

Water/Sewer

$8,266

$13,511

$13,916

Natural Gas

$7,946

$10,010

$10,310

Trash Removal

$1,303

$2,398

$2,470

Grounds/Landscaping

$5,198

$2,740

$2,822

Snow Removal

$4,033

$4,580

$4,717

Fire Protection

$602

$180

$185

Real Estate Taxes

$10,785

$10,398

$10,710

Insurance

$7,105

$5,753

$5,926

TOTAL EXPENSES

$49,685

$54,152

$55,777

* Revenue for 2016 and 2017 are actual collections. The 2018 Revenue is a projection of $165,312/year in rental revenue ($13,776/mth) and $2,000/year projected for laundry income.

** Expenses for 2016-2017 are actual fixed expenses less variable (repairs/management/miscellaneous) costs. Prospective buyers can make their own assumptions regarding management and maintenance expenses. 2018 expenses are taken from 2017 and grown by 3%.

40 VERNON STREET / TAUNTON, MA