Rarely Available Presidio Heights Multifamily Property

Unit     Type       SqFt(est)          Current          Market          Notes     

542      3br/2ba      1,350              $ 3,200               $ 5,400       Top Floor 3 Bedroom 
                                                                                                          and views of Downtown

544      2br/2ba      1,200              $ 4,100              $ 4,500        Recent lease including 
                                                                                                          tandem parking in garage

544A   1br/1ba         300               $ 1,800              $ 2,000        Unwarranted 1 bedroom


544B    0br/1ba        200               $    500*             $    500        Single Room with attached bathroom, 
                                                                                                          perfect office or art studio

*Studio is currently vacant, but estimated income included on Financial Analysis.

Annual Income
     Scheduled Annual Gross Income
     RUBS (Reimbursed Utilities in Leases)
          Gross Annual Income

Operating Expenses
     Fixed Expenses
     NEW Property Taxes (Mill Rate of 1.7777%)
     Special Assessments
     Insurance (Current Actual)
          Total Fixed Expenses

     Operational Expenses
     Utilities (PG&E ,Water, Trash)
     Maintenance (Estimated at $500/door)
     Management (Current Fee @ $250/month)
     Licenses and Fees
     Reserves
          Total Operational Expenses

          Estimated Annual Operating Expenses

Estimated Net Operating Income