{"text_format":"2","workbook":"xlsx","n_sheets":14,"sheets":["2026 Projected CAP","2025 CAP","2025 Rent Roll","2025 Expenses","2024 CAP","2024 Rent Roll","2024 Expenses","2023 CAP","2023 Rent Roll","2023 Expenses","Sheet3","2022 Rent Roll","2022 Expenses","Sheet5"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":0,"defined_names":0,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"2026 Projected CAP","index":0,"n_rows":40,"n_cols":15,"rows_kept":40,"cut":false,"hidden":false,"merged":[]}
["2026 CAP Projections"]
["CAP RATE = ( Annual NOI / Current Market Value) x 100"]
["Annual NOI = Gross Operating Income - Operating Expenses"]
[]
["This is an owner occupied building. Two of the Commercial Bays and both residential units are directly managed and all income goes to the owner."]
["Two projected CAP Rates will be provided, one based on lease rates of approximately $1 per sqft. "]
["Currently lease rates vary between $1 -$1.5 per sqft on the low end of commercial/residential property on Galveston Island."]
["So this leaves room for future growth."]
["Lease CAP = (138,000-60346/1250000) x 100 = 6.21%"]
["Owner Occupied Income CAP = (206400 - 60346/1250000) x 100 = 11.6 %"]
[]
[]
["2026 Projected Gross Operating Income","Projected Lease Income","Projected Owner Occupied Income","Current Tenant","Usage"]
["1502 39th street Galveston TX 77550",1500,2500,"Owner","Event Room/Coffee Shop"]
["1504 39th street Galveston TX 77550",1500,2400,"Owner","Residential/Four Furnished Private Bedrooms for Rent"]
["1506 39th street Galveston TX 77550",1000,1000,"Mary","Bakery & Market Retail Shop/Office Space"]
["1508 39th street Galveston TX 77550",1000,1000,"Mary","Cooking School/Commercial Kitchen"]
["1510 39th street Galveston TX 77550",1000,1000,"Mary","Retail Bay/Kitchen Storage"]
["1512 39th street Galveston TX 77550",1000,1000,"Mary","Catering Storage"]
["1514 39th street Galveston TX 77550",2500,4800,"Owner","Residential/Seven Furnished Private Bedrooms for Rent"]
["3821 Avenue N Galveston TX 77550",1000,1000,"Mitch","Gym/Private Trainer"]
["3823 Avenue N Galveston TX 77550",1000,2500,"Owner","Private Club/Liquor License"]
["Subtotal",{"$f":"SUM(B14:B22)","v":11500},17200]
["Total Operating Income",138000,206400]
[]
["2026 Projected Operating Expenses","Yearly"]
[{"$nulls":14},16373]
["CAM (Repairs & Maintenance Allowance $500 month)",6000,{"$nulls":12},35986]
["Property Tax",11541,{"$nulls":12},11541]
["Wind Insurance",12859,{"$nulls":12},12859]
["Flood Insurance",6556,{"$nulls":12},6556]
["Fire Insurance",8384,{"$nulls":12},8384]
["Umbrella Insurance",733,{"$nulls":12},733]
["Natural Gas",992,{"$nulls":12},992]
["Electric (1504 & 1514)",3812,{"$nulls":12},3812]
["Electric (1504 July New Company)",1441,{"$nulls":12},1441]
["Electric (Combined Units of 1502/3823 Separate 1506/3821)",3903,{"$nulls":12},3903]
["Internet 1514 Comcast",1437,{"$nulls":12},1437]
["Water",2688,{"$nulls":12},2688]
["Total Operating Expenses",{"$f":"SUM(B28:B39)","v":60346}]

{"sheet":"2025 CAP","index":1,"n_rows":9,"n_cols":1,"rows_kept":9,"cut":false,"hidden":false,"merged":[]}
["2025 CAP Projections"]
["CAP RATE = ( Annual NOI / Current Market Value) x 100"]
["Annual NOI = Gross Operating Income - Operating Expenses"]
[]
["This is an owner occupied building. Two of the Commercial Bays and both residential units are directly managed and all income goes to the owner."]
["Two projected CAP Rates will be provided, one based on lease rates of approximately $1 per sqft. "]
["Currently lease rates vary between $1 -$1.5 per sqft on the low end of commercial/residential property on Galveston Island."]
["So this leaves room for future growth."]
["Lease CAP = (128,000-54753/1250000) x 100 = 5.85%"]

{"sheet":"2025 Rent Roll","index":2,"n_rows":11,"n_cols":16,"rows_kept":11,"cut":false,"hidden":false,"merged":[]}
["Unit","Tenant","Current Use","Jan","Feb","Mar","Apr","May","Jun","Jul","Aug","Sep","Oct","Nov","Dec","End of Year Summary"]
["1502 39th street Galveston TX 77550","Owner","Event Room/Coffee Shop",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1504 39th street Galveston TX 77550","Owner","Residential/Four Furnished Private Bedrooms for Rent",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1506 39th street Galveston TX 77550","Mary","Bakery & Market Retail Shop/Office Space",750,750,750,750,750,750,750,750,750,750,1000,1000]
["1508 39th street Galveston TX 77550","Mary","Cooking School/Commercial Kitchen",750,750,750,750,750,750,750,750,750,750,1000,1000]
["1510 39th street Galveston TX 77550","Mary","Retail Bay/Kitchen Storage",750,750,750,750,750,750,750,750,750,750,1000,1000]
["1512 39th street Galveston TX 77550","Mary","Catering Storage",750,750,750,750,750,750,750,750,750,750,1000,1000]
["1514 39th street Galveston TX 77550","Owner","Residential/Seven Furnished Private Bedrooms for Rent",2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500]
["3821 Avenue N Galveston TX 77550","Mitch","Gym/Private Trainer",1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["3823 Avenue N Galveston TX 77550","Owner","Private Club/Liquor License",1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["Monthly Rent Collected",null,null,{"$f":"SUM(D2:D10)","v":10500},{"$f":"SUM(E2:E10)","v":10500},{"$f":"SUM(F2:F10)","v":10500},{"$f":"SUM(G2:G10)","v":10500},{"$f":"SUM(H2:H10)","v":10500},{"$f":"SUM(I2:I10)","v":10500},{"$f":"SUM(J2:J10)","v":10500},{"$f":"SUM(K2:K10)","v":10500},{"$f":"SUM(L2:L10)","v":10500},{"$f":"SUM(M2:M10)","v":10500},{"$f":"SUM(N2:N10)","v":11500},{"$f":"SUM(O2:O10)","v":11500},{"$f":"SUM(D11:O11)","v":128000}]

{"sheet":"2025 Expenses","index":3,"n_rows":14,"n_cols":14,"rows_kept":14,"cut":false,"hidden":false,"merged":[]}
["Expense","January","February","March","April","May","June","July","August","September","October","November","December","Subtotal"]
["Property Tax",961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,{"$f":"SUM(B2:M2)","v":11541.599999999999}]
["Wind Insurance",1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,12859.92]
["Flood Insurance",546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,6556.9199999999992]
["Fire Insurance",698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,8383.92]
["Umbrella Insurance",61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,733.91999999999973]
["Natural Gas",148.61000000000001,399.43,201.41,176,155,55,45,38,35,45,88,100,1486.4499999999998]
["Electric (1504 & 1514)",331.65,322.60000000000002,309.23,330,379,579,589,579,574,474,375,350,5192.4799999999996]
["Electric (Combined Units of 1502/3823 Separate 1506/3821)",305.33999999999997,258.73,237.59,371,378,365,425,435,375,356,255,225,3986.66]
["Maintenance ($500 per month set aside)",500,500,500,500,500,500,500,500,500,500,500,500,1200]
["Water",221,227,250,226,225,279,265,223,224,221,227,224,2812]
[{"$nulls":13},{"$f":"SUM(N2:N11)","v":54753.869999999995}]
[{"$nulls":13}," "]
[null,null," "]

{"sheet":"2024 CAP","index":4,"n_rows":9,"n_cols":1,"rows_kept":9,"cut":false,"hidden":false,"merged":[]}
["2024 CAP Projections"]
["CAP RATE = ( Annual NOI / Current Market Value) x 100"]
["Annual NOI = Gross Operating Income - Operating Expenses"]
[]
["This is an owner occupied building. Two of the Commercial Bays and both residential units are directly managed and all income goes to the owner."]
["Two projected CAP Rates will be provided, one based on lease rates of approximately $1 per sqft. "]
["Currently lease rates vary between $1 -$1.5 per sqft on the low end of commercial/residential property on Galveston Island."]
["So this leaves room for future growth."]
["Lease CAP = (126,000-50174/1250000) x 100 = 6.06%"]

{"sheet":"2024 Rent Roll","index":5,"n_rows":11,"n_cols":16,"rows_kept":11,"cut":false,"hidden":false,"merged":[]}
["Unit","Tenant","Current Use","Jan","Feb","Mar","Apr","May","Jun","Jul","Aug","Sep","Oct","Nov","Dec","End of Year Summary"]
["1502 39th street Galveston TX 77550","Owner","Event Room/Coffee Shop",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1504 39th street Galveston TX 77550","Owner","Residential/Four Furnished Private Bedrooms for Rent",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1506 39th street Galveston TX 77550","Mary","Bakery & Market Retail Shop/Office Space",750,750,750,750,750,750,750,750,750,750,750,750]
["1508 39th street Galveston TX 77550","Mary","Cooking School/Commercial Kitchen",750,750,750,750,750,750,750,750,750,750,750,750]
["1510 39th street Galveston TX 77550","Mary","Retail Bay/Kitchen Storage",750,750,750,750,750,750,750,750,750,750,750,750]
["1512 39th street Galveston TX 77550","Mary","Catering Storage",750,750,750,750,750,750,750,750,750,750,750,750]
["1514 39th street Galveston TX 77550","Owner","Residential/Seven Furnished Private Bedrooms for Rent",2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500]
["3821 Avenue N Galveston TX 77550","Mitch","Gym/Private Trainer",1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["3823 Avenue N Galveston TX 77550","Owner","Private Club/Liquor License",1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["Monthly Rent Collected",null,null,{"$f":"SUM(D2:D10)","v":10500},{"$f":"SUM(E2:E10)","v":10500},{"$f":"SUM(F2:F10)","v":10500},{"$f":"SUM(G2:G10)","v":10500},{"$f":"SUM(H2:H10)","v":10500},{"$f":"SUM(I2:I10)","v":10500},{"$f":"SUM(J2:J10)","v":10500},{"$f":"SUM(K2:K10)","v":10500},{"$f":"SUM(L2:L10)","v":10500},{"$f":"SUM(M2:M10)","v":10500},{"$f":"SUM(N2:N10)","v":10500},{"$f":"SUM(O2:O10)","v":10500},{"$f":"SUM(D11:O11)","v":126000}]

{"sheet":"2024 Expenses","index":6,"n_rows":12,"n_cols":14,"rows_kept":12,"cut":false,"hidden":false,"merged":[]}
["Expense","January","February","March","April","May","June","July","August","September","October","November","December","Subtotal"]
["Property Tax",961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,961.8,{"$f":"SUM(B2:M2)","v":11541.599999999999}]
["Wind Insurance",1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,12859.92]
["Flood Insurance",546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,546.41,6556.9199999999992]
["Fire Insurance",698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,698.66,8383.92]
["Umbrella Insurance",61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,61.16,733.91999999999973]
["Natural Gas",168.88,277.26,129.83000000000001,51.38,34.4,39.43,36.93,36.42,33.020000000000003,36.979999999999997,40.159999999999997,66.709999999999994,951.39999999999986]
["Electric (1504 & 1514)",130.71,102.68,138.93,209.7,65.25,361.13,652.23,1021.11,791.06,785.82,656.73,573.47,5488.8200000000006]
["Electric (Combined Units of 1502/3823 Separate 1506/3821)",91.96,39.86,36.9,101.61,39.81,108.71,86.22,115.41,228.13,488.91,"na",305.33999999999997,1642.86]
["Water",167.7,165.05,156.99,172.05,175.05,164.7,156.54,168.64,168.64,153.54,183.35,183.35,2015.5999999999995]
[{"$nulls":13},{"$f":"SUM(N2:N10)","v":50174.959999999992}]
[null,null," "]

{"sheet":"2023 CAP","index":7,"n_rows":9,"n_cols":1,"rows_kept":9,"cut":false,"hidden":false,"merged":[]}
["2023 CAP Projections"]
["CAP RATE = ( Annual NOI / Current Market Value) x 100"]
["Annual NOI = Gross Operating Income - Operating Expenses"]
[]
["This is an owner occupied building. Two of the Commercial Bays and both residential units are directly managed and all income goes to the owner."]
["Two projected CAP Rates will be provided, one based on lease rates of approximately $1 per sqft. "]
["Currently lease rates vary between $1 -$1.5 per sqft on the low end of commercial/residential property on Galveston Island."]
["So this leaves room for future growth."]
["Lease CAP = (115650-58285/1250000) x 100 = 4.58%"]

{"sheet":"2023 Rent Roll","index":8,"n_rows":13,"n_cols":16,"rows_kept":13,"cut":false,"hidden":false,"merged":[]}
["Unit","Tenant","Current Use","Jan","Feb","Mar","Apr","May","Jun","Jul","Aug","Sep","Oct","Nov","Dec","End of Year Summary"]
["1502 39th street Galveston TX 77550","Owner","Event Room/Coffee Shop",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1504 39th street Galveston TX 77550","Owner","Residential/Four Furnished Private Bedrooms for Rent",1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500,1500]
["1506 39th street Galveston TX 77550","Mary","Bakery & Market Retail Shop/Office Space",450,450,450,450,450,450,450,450,550,650,750,1000]
["1508 39th street Galveston TX 77550","Mary","Cooking School/Commercial Kitchen",450,450,450,450,450,450,450,450,550,650,750,1000]
["1510 39th street Galveston TX 77550","Mary","Retail Bay/Kitchen Storage",450,450,450,450,450,450,450,450,550,650,750,1000]
["1512 39th street Galveston TX 77550","Mary","Catering Storage",450,450,450,450,450,450,450,450,550,650,750,1000]
["1514 39th street Galveston TX 77550","Owner","Residential/Seven Furnished Private Bedrooms for Rent",2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500,2500]
["3821 Avenue N Galveston TX 77550","Mitch","Gym/Private Trainer",725,725,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["3823 Avenue N Galveston TX 77550","Owner","Private Club/Liquor License",1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000,1000]
["Monthly Rent Collected",null,null,{"$f":"SUM(D2:D10)","v":9025},{"$f":"SUM(E2:E10)","v":9025},{"$f":"SUM(F2:F10)","v":9300},{"$f":"SUM(G2:G10)","v":9300},{"$f":"SUM(H2:H10)","v":9300},{"$f":"SUM(I2:I10)","v":9300},{"$f":"SUM(J2:J10)","v":9300},{"$f":"SUM(K2:K10)","v":9300},{"$f":"SUM(L2:L10)","v":9700},{"$f":"SUM(M2:M10)","v":10100},{"$f":"SUM(N2:N10)","v":10500},{"$f":"SUM(O2:O10)","v":11500},{"$f":"SUM(D11:O11)","v":115650}]
[]
["*Increase in rent after construction improvements and moving Mitch to new space. March 2023 $725 to $1000",null,"** Increase in rent after adding a new bay for Mary (gave her office space/Market place/bakery/ added a cooking school. Basically gave her new revenue streams) long term goal is to raise her rent slowly to get back the investment in building improvements. Oct 2023"]

{"sheet":"2023 Expenses","index":9,"n_rows":11,"n_cols":14,"rows_kept":11,"cut":false,"hidden":false,"merged":[]}
["Expense","January","February","March","April","May","June","July","August","September","October","November","December","Subtotal"]
["Property Tax",1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,1576.37,{"$f":"SUM(B2:M2)","v":18916.439999999995}]
["Wind Insurance",1324.33,1324.33,1324.33,1324.33,1324.33,1324.33,1324.33,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,1071.6600000000001,14628.609999999999]
["Flood Insurance",494.75,494.75,494.75,494.75,494.75,494.75,494.75,546.41,546.41,546.41,546.41,546.41,{"$f":"SUM(B4:M4)","v":6195.2999999999993}]
["Fire Insurance",742,742,742,742,742,742,742,698.66,698.66,698.66,698.66,698.66,{"$f":"SUM(B5:M5)","v":8687.2999999999993}]
["Umbrella Insurance",147.66,147.66,147.66,147.66,147.66,147.66,147.66,61.16,61.16,61.16,61.16,61.16,1339.4200000000003]
["Natural Gas",0,0,45.1,67.23,43.9,43.57,45.06,29.95,31.44,40.89,37.299999999999997,95.87,480.31]
["Electric (1504 & 1514)",180.97,125.98,117.96,225.82,64.03,77.33,369.96,346.08,312.29000000000002,629.65,217,237.76,2904.83]
["Electric (Combined Units of 1502/3823 Separate 1506/3821)",0,0,0,112.49,195.78,539.95000000000005,589.54999999999995,620,719.27,241.53,9.4499999999999993,27.2,3055.22]
["Water",200,213.96,0,414.62,152.28,167.7,152.28,152.28,144.57,152.25,152.28,175.41,{"$f":"SUM(B10:M10)","v":2077.6299999999997}]
[{"$nulls":13},{"$f":"SUM(N2:N10)","v":58285.05999999999}]

{"sheet":"Sheet3","index":10,"n_rows":0,"n_cols":0,"rows_kept":0,"cut":false,"hidden":false,"merged":[]}

{"sheet":"2022 Rent Roll","index":11,"n_rows":8,"n_cols":15,"rows_kept":8,"cut":false,"hidden":false,"merged":[]}
["Unit","Jan","Feb","Mar","Apr","May","Jun","Jul","Property Transfer","Aug","Sep","Oct","Nov","Dec","End of Year Summary"]
["1504 39th street Galveston TX 77550",1100,1100,1100,1100,1100,1100,1100,"New Ownership",1100,1100,1100,1100,650]
["1506 39th street Galveston TX 77550",725,725,725,725,725,725,725,"New Ownership",725,725,725,725,725]
["1514 39th street Galveston TX 77550",1200,1200,1200,1200,1200,1200,1200,"New Ownership",0,0,0,0,0]
["1508,1510, 1512 39th street Galveston TX 77550",1800,1800,1800,1800,1800,1800,1800,"New Ownership",1800,1800,1800,1800,1800]
["1502 39th street Galveston TX 77550",675,675,675,675,675,675,675,"New Ownership",675,0,0,0,0]
["3821 Avenue N Galveston TX 77550",325,325,325,325,325,325,325,"New Ownership",325,325,325,325,325]
["Monthly Rent Collected",{"$f":"SUM(B2:B7)","v":5825},5825,5825,5825,5825,5825,5825,"New Ownership",{"$f":"SUM(J2:J7)","v":4625},{"$f":"SUM(K2:K7)","v":3950},{"$f":"SUM(L2:L7)","v":3950},{"$f":"SUM(M2:M7)","v":3950},{"$f":"SUM(N2:N7)","v":3500},{"$f":"SUM(J8:N8,B8:I8)","v":60750}]

{"sheet":"2022 Expenses","index":12,"n_rows":10,"n_cols":7,"rows_kept":10,"cut":false,"hidden":false,"merged":[]}
["Expense","August","September","October","November","December","Subtotal"]
["Property Tax",1576.37,1576.37,1576.37,1576.37,1576.37,{"$f":"SUM(B2:F2)","v":7881.8499999999995}]
["Wind Insurance",1324.33,1324.33,1324.33,1324.33,1324.33,6621.65]
["Flood Insurance",494.75,494.75,494.75,494.75,494.75,2473.75]
["Fire Insurance",742,742,742,742,742,3710]
["Umbrella Insurance",147.66,147.66,147.66,147.66,147.66,738.3]
["Natural Gas",0,0,45.1,67.23,37.299999999999997,149.63]
["Electric",180.97,125.98,117.96,225.82,78.150000000000006,728.88]
["Water",200,213.96,0,414.62,225,{"$f":"SUM(B9:F9)","v":1053.58}]
[{"$nulls":6},{"$f":"SUM(G2:G9)","v":23357.64}]

{"sheet":"Sheet5","index":13,"n_rows":1,"n_cols":1,"rows_kept":1,"cut":false,"hidden":true,"merged":[]}
["en"]