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INCOME STATEMENT |
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|
Year |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
|
Total Gross Income |
103,194 |
108,354 |
113,771 |
119,460 |
125,433 |
131,705 |
138,290 |
145,204 |
152,465 |
|
- Vacancy Amount |
4,128 |
4,334 |
4,551 |
4,778 |
5,017 |
5,268 |
5,532 |
5,808 |
6,099 |
6,404 |
Gross Operating Income |
99,066 |
104,020 |
109,221 |
114,682 |
120,416 |
126,436 |
132,758 |
139,396 |
146,366 |
153,684 |
- Operating Expenses |
40,562 |
41,779 |
43,033 |
44,324 |
45,653 |
47,023 |
48,434 |
49,887 |
51,383 |
52,925 |
Net Operating Income |
58,504 |
62,240 |
66,188 |
70,358 |
74,762 |
79,413 |
84,325 |
89,509 |
94,983 |
100,759 |
- Interest Expense |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
- Depreciation Building |
18,295 |
19,091 |
19,091 |
19,091 |
19,091 |
19,091 |
19,091 |
19,091 |
19,091 |
19,091 |
- Depreciation Improvements |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
- Depreciation Personal Property |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
- Amortized Points |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
- Misc. Closing Costs |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Income or Loss |
40,208 |
43,149 |
47,097 |
51,267 |
55,671 |
60,323 |
65,234 |
70,419 |
75,892 |
81,669 |
Loss Carryover |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Taxable Income |
40,208 |
43,149 |
47,097 |
51,267 |
55,671 |
60,323 |
65,234 |
70,419 |
75,892 |
81,669 |
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