Page 67 - Property Summary Guardian Place 1 12 2022 Reduced File - With Cover Pages

GUARDIAN PLACE II
2022 OPERATING BUDGET

Entity #: 9611
Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 TOTAL
Income Occupancy Rate: 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0% 95.0%
4100.041.001 Gross Potential Rent - MF $114,004 $114,282 $114,382 $114,714 $114,794 $115,034 $115,265 $115,520 $115,864 $116,155 $116,411 $116,631 $1,383,056
4100.041.002 Gain (Loss) to Lease - MF $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
4100.045.015 Concessions - Rent & Staff -$1,542 -$1,042 -$1,042 -$1,042 -$1,542 -$1,042 -$1,042 -$1,042 -$1,542 -$1,042 -$1,065 -$1,565 -$14,550
4100.041.004 Vacancy Losses -$5,700 -$5,714 -$5,719 -$5,736 -$5,740 -$5,752 -$5,763 -$5,776 -$5,793 -$5,808 -$5,821 -$5,832 -$69,153
7101.150.000 Bad Debt Write offs -$1,093 $0 $0 $0 $0 -$1,115 $0 $0 -$939 $0 $0 $0 -$3,147
Total Rental Income $105,669 $107,526 $107,621 $107,936 $107,512 $107,125 $108,460 $108,702 $107,590 $109,305 $109,525 $109,234 $1,296,206
4161.045.005 Application Fees $60 $60 $60 $60 $60 $60 $60 $60 $60 $60 $60 $60 $720
4161.045.004 Cable Fees $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $12,000
4161.045.014 Storage Rental Fees $360 $360 $360 $360 $360 $360 $360 $360 $360 $360 $360 $360 $4,320
4161.045.002 Late Fees $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 $300
4161.045.016 Housekeeping Revenue $380 $380 $380 $380 $380 $380 $380 $380 $380 $380 $380 $380 $4,560
4161.045.029 NSF Fees - Tenant $0 $0 $50 $0 $0 $0 $0 $0 $0 $50 $0 $0 $100
4161.045.037 Security Deposits Forfeited $400 $0 $400 $0 $0 $400 $0 $0 $400 $0 $0 $400 $2,000
4305.010.000 Interest Income $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $12
Total Other Income $2,226 $1,826 $2,276 $1,826 $1,826 $2,226 $1,826 $1,826 $2,226 $1,876 $1,826 $2,226 $24,012
OPERATING INCOME $107,895 $109,352 $109,897 $109,762 $109,338 $109,351 $110,286 $110,528 $109,816 $111,181 $111,351 $111,460 $1,320,218
Expenses
Maintenance & Repairs
6001.500.900 Salaries - Maintenance $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $6,792 $81,504
6001.500.800 Maintenance Benefits & Burdens $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $18,000
6210.520.421 Housekeeping Supplies $360 $330 $330 $360 $330 $330 $360 $330 $330 $360 $330 $330 $4,080
6101.150.090 Trash Removal $2,100 $2,100 $2,150 $2,150 $2,200 $2,200 $2,200 $2,200 $2,300 $2,300 $2,300 $2,400 $26,600
6104.510.420 Maint./lights/plumbing $1,710 $325 $1,685 $350 $825 $325 $350 $825 $325 $350 $325 $325 $7,720
6104.430.254 HVAC $0 $0 $991 $0 $500 $715 $1,060 $500 $715 $0 $310 $715 $5,506
6104.500.130 Elevators - Service Contracts / R & M $354 $354 $854 $354 $354 $372 $372 $872 $372 $372 $1,122 $372 $6,124
6104.030.450 Furniture & Equip. repair (Alt. & repair) $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $2,100
9040.300.920 Painting $0 $0 $300 $0 $300 $0 $0 $600 $0 $0 $300 $0 $1,500
6104.500.300 Interior R & M $0 $650 $1,200 $0 $0 $150 $500 $0 $1,200 $500 $150 $0 $4,350
6104.560.451 Parking R&M $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
6104.500.040 Landscaping/Grounds/Amenities $550 $600 $600 $4,000 $300 $0 $300 $0 $0 $800 $0 $0 $7,150
6104.500.041 Landscaping/Grounds Contract $1,085 $1,085 $1,085 $1,085 $1,085 $1,085 $1,085 $1,135 $1,135 $1,135 $1,135 $1,135 $13,270
6104.540.255 Fire Protection $0 $250 $1,326 $0 $0 $451 $250 $0 $451 $250 $1,200 $451 $4,629
6104.500.070 Pest Control $510 $110 $1,010 $610 $110 $510 $110 $510 $110 $110 $110 $110 $3,920
7101.150.604 Software $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $2,400
6201.750.150 Uniforms $0 $400 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $400
Total Maintenance Expense $15,336 $14,871 $20,198 $17,576 $14,671 $14,805 $15,254 $15,639 $15,605 $14,844 $15,949 $14,505 $189,253

Page 1 GP II 2009 Budget