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{"sheet":"Executive Summary","index":0,"n_rows":22,"n_cols":3,"rows_kept":22,"cut":false,"hidden":false,"merged":[[2,0,2,2],[4,0,4,2],[16,0,16,2],[6,1,6,2],[0,0,1,2]]}
["601 Stockton"]
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["Executive Summary"]
[]
["Property Summary"]
[]
["Address","601 Stockton Street"]
["Owner",null,"22 E Broad LLC"]
["Square Feet",null,10152]
["Residential Units",null,12]
["Parking Spaces",null,18]
["Occupancy as of October 1, 2020",null,{"$f":"'Rent Roll - December 1, 2025'!H9","v":0.91666666666666663}]
["Year Built",null,1910]
["Year Renovated",null,2015]
[]
[]
["Acquisition Summary"]
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["Purchase Price",null,2200000]
["Capitalization Rate on Pro Forma NOI",null,{"$f":"'10 yr Pro Forma'!C28/'Executive Summary'!C19","v":6.1927094427272747E-2}]
["Price Per Unit",null,{"$f":"C19/(C10)","v":183333.33333333334}]
["Price Per SF",null,{"$f":"C19/C9","v":216.70606776989754}]

{"sheet":"Rent Roll - December 1, 2025","index":1,"n_rows":35,"n_cols":8,"rows_kept":35,"cut":false,"hidden":false,"merged":[[11,7,11,8],[4,0,4,8],[0,0,1,8],[2,1,2,8]]}
["601 Stockton"]
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[null,"Unit Summary as of December 1, 2025"]
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["Summary"]
[null,"Studio",0,{"$f":"C6/$C10","v":0},"Annual Income",{"$f":"(E25+G25)*12","v":199644}]
[null,"1-bed",9,{"$f":"C7/$C10","v":0.75},"Average Rent",{"$f":"AVERAGE(E13:E24)","v":1332.25}]
[null,"2-bed",3,{"$f":"C8/$C10","v":0.25},"Average SF",{"$f":"AVERAGE(D13:D24)","v":735.83333333333337},null," "]
[null,"Commercial",0,{"$f":"C9/$C10","v":0},"Occupied",11,null,{"$f":"F9/C10","v":0.91666666666666663}]
[null,"Total",{"$f":"SUM(C6:C9)","v":12},{"$f":"C10/$C10","v":1},"Vacant ",1,null,{"$f":"F10/C10","v":8.3333333333333329E-2}]
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[null,"Unit","Type","SF","Rent","Rent Per SF","Other Fees","Lease end date"]
[null,101,"1-bed",617,1256,{"$f":"E13/D13","v":2.0356564019448946},80,"2026-07-29"]
[null,102,"1-bed",650,1267,{"$f":"E14/D14","v":1.9492307692307693},45,"2025-05-24"]
[null,103,"2-bed",972,1588,1.6337448559670782,45,"2026-04-20"]
[null,104,"1-bed",644,1057,1.6413043478260869,70,"2026-07-15"]
[null,105,"1-bed",766,1329,{"$f":"E17/D17","v":1.7349869451697129},45,"2026-02-24"]
[null,106,"2-bed",987,1692,1.7142857142857142,70,"2026-06-10"]
[null,107,"1-bed",666,1121,1.6831831831831832,80,"2021-03-31"]
[null,108,"1-bed",679,1275,1.8777614138438881,80," "]
[null,201,"1-bed",765,1312,1.715032679738562,45,"2025-11-17"]
[null,202,"1-bed",557,1183,2.1238779174147218,35,"2026-11-18"]
[null,203,"2-bed",873,1761,2.0171821305841924,45,"2026-10-02"]
[null,204,"1-bed ",654,1146,1.7522935779816513,10,"2026-02-27"]
[null,"TOTAL"," ",{"$f":"SUM(D13:D24)","v":8830},{"$f":"SUM(E13:E24)","v":15987},1.8105322763306908,{"$f":"SUM(G13:G24)","v":650}]
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[]
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[null,null,null," "," "]
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[{"$nulls":4}," "]
[{"$nulls":4}," "]
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[null,null,null," "]

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["601 Stockton "]
[]
["Pro Forma - Cash Flow Projections"]
["Assumptions"]
[" "]
["Annual Rent & Other Income Growth",0.03,null," "]
["Expense Escalation",0.02]
["Vacancy",0.05]
["Management Fee (Percent of EGI)",3.5000000000000003E-2]
[]
["Year",2026,2027,2028,2029,2030,2031,2032,2033,2034,2035,2036]
[]
["INCOME"]
["Rental Income",{"$f":"'Rent Roll - December 1, 2025'!F6","v":199644},{"$f":"'Rent Roll - December 1, 2025'!F6*(1+$B6)+12000","v":217633.32},{"$f":"C14*(1+$B6)","v":224162.31960000002},230887.18918800002,237813.80486364002,244948.21900954924,252296.66557983574,259865.56554723083,267661.53251364775,275691.37848905718,283962.1198437289]
["Adjustments/Vacancy ",{"$f":"-(B14*0.05)","v":-9982.2000000000007},{"$f":"-(C14*$B8)","v":-10881.666000000001},{"$f":"-(D14*$B8)","v":-11208.115980000002},-11544.359459400002,-11890.690243182002,-12247.410950477462,-12614.833278991788,-12993.278277361542,-13383.076625682388,-13784.56892445286,-14198.105992186445]
["Other Income ",{"$f":"'Rent Roll - December 1, 2025'!G25*12","v":7800},{"$f":"B16*(1+$B6)+(75*12*12)","v":18834},{"$f":"C16*(1+B6)","v":19399.02},{"$f":"D16*(1+$B6)","v":19980.990600000001},{"$f":"E16*(1+$B6)","v":20580.420318},21197.832927539999,21833.767915366199,22488.780952827186,23163.444381412002,23858.347712854364,24574.098144239993,"pass utilities back @ $75/month/unit"]
["Effective Gross Income",{"$f":"SUM(B14:B16)","v":197461.8},{"$f":"SUM(C14:C16)","v":225585.65400000001},{"$f":"SUM(D14:D16)","v":232353.22362},239323.82032860001,246503.534938458,253898.64098661178,261515.60021621015,269361.06822269649,277441.90026937739,285765.1572774587,294338.11199578241]
[]
["EXPENSES"]
["Renting Expense",8945,{"$f":"B20*(1+$B7)","v":9123.9},9306.3780000000006,9492.5055600000014,9682.3556712000009,9876.0027846240009,10073.522840316482,10274.993297122812,10480.493163065268,10690.103026326573,10903.905086853105]
["Administrative",{"$f":"11000-5200","v":5800},{"$f":"B21*(1+$B7)","v":5916},6034.32,6155.0064000000002,6278.1065280000003,6403.66865856,6531.7420317311999,6662.3768723658241,6795.624409813141,6931.5368980094036,7070.1676359695921]
["Management",{"$f":"B17*B9","v":6911.1630000000005},{"$f":"C17*B9","v":7895.4978900000015},{"$f":"C22*(1+$B7)","v":8053.4078478000019},8214.476004756003,8378.7655248511237,8546.3408353481464,8717.2676520551086,8891.6130050962111,9069.4452651981355,9250.8341705020975,9435.8508539121394]
["Utilities",25000,{"$f":"B23*(1+$B7)","v":25500},26010,26530.2,27060.804,27602.020080000002,28154.060481600001,28717.141691232002,29291.484525056643,29877.314215557777,30474.860499868933," "]
["Maintenance",{"$f":"4824+5000+1051+1937","v":12812},{"$f":"B24*(1+$B7)","v":13068.24},13329.604799999999,13596.196895999999,13868.12083392,14145.483250598401,14428.39291561037,14716.960773922578,15011.29998940103,15311.525989189051,15617.756508972832]
["Controlled Expenses",{"$f":"SUM(B20:B24)","v":59468.163},{"$f":"B25*(1+$B7)","v":60657.526259999999},61870.676785199998,63108.090320903997,64370.252127322077,65657.657169868515,66970.810313265887,68310.226519531207,69676.431049921826,71069.95967092026,72491.358864338661]
["Taxes & Insurance",28126,{"$f":"B26*(1+$B7)","v":28688.52},29262.290400000002,29847.536208000001,30444.486932160002,31053.376670803202,31674.444204219268,32307.933088303653,32954.091750069725,33613.173585071119,34285.437056772542]
[]
["NOI",{"$f":"B17-B25-B26","v":109867.63699999999},136239.60774000004,141220.25643480002,146368.19379969602,151688.79587897591,157187.60714594004,162870.345698725,168742.9086148616,174811.37746938583,181082.02402146731,187561.31607467122]