Laserfiche WebLink
DIRECT CAPI TALI ZATI ON ANALYSIS <br />2240 S Bristol Street <br />Santa Ana, California <br />INCOME: <br />Rental Income Annual <br />Market Fbntal Income Monthly Rental Income $3.10 PSF x 12 Months $107,657 <br />Total LeaseableArea 2,894 SIF <br />Total Potential Gross Income <br />$102,049 <br />Capitalization Fete <br />$107,657 <br />Vacancy 3% <br />$1,943,793 <br />ti()t lmnPn <br />3230 <br />Effective Coss I name <br />$104,427 <br />REIMBURSABLE EXPENSES: <br />$/SF <br />Management 2.0% <br />($0.72) <br />($2,089) <br />Ives <br />= 101 <br />.4$289) <br />Total RAmbursable Expenses <br />(,$0.82) <br />($2,378) <br />$2378 <br />Net operating Income <br />$102,049 <br />Capitalization Fete <br />5.25°/ <br />Indicated Value at Market Fent <br />$1,943,793 <br />ti()t lmnPn <br />G4 OdF nnn <br />*Difference may ho duoto rounding. <br />Income Approach Conclusion <br />The direct capitalization analysis and resulting indication of market value via the <br />income approach is shown on the following page. The indicated fair market value, as of <br />November 29, 2016, is as follows: <br />INDICATED VALUE - INCOME APPROACH <br />$1,945,000 <br />75L-30 <br />