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Wednesday, September 26, 2007

Balance is Annual working income (AWI)



Balance is Annual working income (AWI) .. $ 5,122.00
Step 2. List above-normal Expenses, Fuel
and Loss Factors;
Enter any mortgage interest above
6% $ 00.00
Enter any janitor cost above 1%
AWI 00.00
If wooden exterior 10% of AWI ... 00.00
If Building is reached by hillclimb
1% of AWI 00.00
Deduction for Location: Rated
Excellent 00.00
Entire annual fuel bill 715.00
If Building contains 4th floor walk-
ups enter 20% of 4th floor rents
here 252.00
Step 3. Add All Items in Step 2 and enter total here ..
Step 4. Subtract Above Normal expenses, etc. from
Annual Working Income. This is primary ad
justed income. Enter in Box PAI here $ 4,155.00
Section II. Addition of Extra Profit Items and Factors
Step 5. List extra profit items and factors;
Any mortgage interest saving under 6% 1%%
of $19,000 285.00
If Parking available 5% of AWI 256.10
If Janitor Service NOT supplied 5% of AWI
(we do supply partial service) If all electric bills are paid by tenants (they
aren"t).