Unit 2-C: Size: 1512 SF,  Year Built:1986,  Current use: Retail, nail salon
Tenant: Prominent local businessman with over 10 years experience in Highlands County
Lease Terms: 5 years lease with an option for another 5 years.
Comments: Recently remodeled, prime property and location.

Financial Information:
                                                 Yearly                              Monthly
Revenues                                  21,074.40                      1,756.20
Operating Expenses:
CAM                                           1,814.40                         175.16
Sales Tax                                     1,260.00                         105.00
Property Insurance                         500.00                           41.67
Property Taxes                            1,715.01                         142.92
Total Expenses                            5,289.41                         464.75
Net Operating Income            15,784.99                      1,291.45
Sales Price   220,000.00   Cap Rate     7.17

Unit 2-D: Size: 2175 SF, Year Built:1986, Current use: Retail, Bank, Tenant: Local Bank
Lease Terms: 1 year lease with an option for another 4, 1 year terms.
Comments: Recently remodeled, prime property & location tenant from 2C will expand if property becomes available.

Financial Information:
                                                  Yearly                            Monthly
Revenues                                   36,000.00                   3,000.00
Operating Expenses:
CAM                                            2,610.00                       252.00
Sales Tax                                      2,002.80                      166.90
Property Insurance                          500.00                         41.67
Property Taxes                             2,276.42                       189.70
Total Expenses                             7,389.22                       650.27
Net Operating Income             28,610.78                    2,349.73
Sales Price    400,000.00   Cap Rate       7.15

Combined Financial Information:
                                                  Yearly                               Monthly
Revenues                                   57,074.40                       4,756.20
Operating Expenses:
CAM                                            5,125.92                          427.16
Sales Tax                                      3,262.80                          271.90
Property Insurance                       1,000.08                            83.34
Property Taxes                            3,991.44                          332.62
Total Expenses                           13,380.24                       1,115.02
Net Operating Income                43,694.16                       3,641.18
Sales Price      620,000.00  Cap Rate         7.05
Net Operating Income  43,694.16
Cash on Cash Return    14.56
Debt Service                    19,548.00
Net Cash After Debt Service 24,146.16
Debt service is based on 300,000 down and a first mortgage of 320,000 @ 5. amortized @ 40 years balloon in 24 months.