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["Property Name:","Titusville Resort Multi-family"]
["Location:","Space Coast, FL"]
["Client:","CRP"]
["Date:","2025-10-07"]
["# of Units:",240]
["Ending Stable Occupancy:",0.95694444444444438]
["Budget Year:","Stable"]
[]
["Occupancy","January","February","March","April","May","June","July","August","September","October","November","December","2028 TOTAL","%"]
[null,"Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable"]
[]
["Avg. Occupied Units",227,228,229,229,230,231,231,231,230,230,230,230,229.66666666666666,0.95694444444444438]
["Avg. Vacant Units",13,12,11,11,10,9,9,9,10,10,10,10,10.333333333333343,4.3055555555555597E-2]
["Avg. Total Units",240,240,240,240,240,240,240,240,240,240,240,240,240,1]
[]
["Income","January","February","March","April","May","June","July","August","September","October","November","December","2028 TOTAL","$ Per Unit"]
[null,"Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable"]
["Gross Potential Rent",919680,919680,919680,919680,919680,919680,919680,919680,919680,919680,919680,919680,11036160,45984]
["Vacancy Loss",-59987,-49227,-47159,-46123,-42048,-36589,-34741,-34505,-41214,-38077,-38077,-38077,-505824,-2107.6]
["Special Concessions",-12876.038272849462,-11885.573790322582,-10895.109307795699,-10895.109307795699,-9904.6448252688169,-8914.1803427419363,-8914.1803427419363,-8914.1803427419363,-9904.6448252688169,-9904.6448252688169,-9904.6448252688169,-9904.6448252688169,-122817.59583333334,-511.73998263888893]
["Net Rent Revenue",846816.96172715048,858567.42620967748,861625.89069220435,862661.89069220435,867727.35517473123,874176.81965725811,876024.81965725811,876260.81965725811,868561.35517473123,871698.35517473123,871698.35517473123,871698.35517473123,10407518.404166667,43364.660017361115]
["Resident Charges",29664.21195652174,29794.891304347828,29925.570652173916,29925.570652173916,30056.250000000004,30448.289347826088,30448.289347826088,30186.929347826088,30056.250000000004,30056.250000000004,30056.250000000004,30056.250000000004,360675,1502.8125]
["Other Revenue",3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,3659.4460227272725,43913.352272727272,182.97230113636363]
["Total Other Revenue",33323.657979249016,33454.337327075104,33585.016674901191,33585.016674901191,33715.696022727279,34107.735370553361,34107.735370553361,33846.37537055336,33715.696022727279,33715.696022727279,33715.696022727279,33715.696022727279,404588.35227272729,1685.7848011363637]
["Bad Debt",-2874,-8622,-5748,-2874,-8622,-5748,-2874,-8622,-5748,-5748,-8622,-2874,-68976,-287.39999999999998]
["Bad Debt Recovery",862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,862.19999999999993,10346.4,43.11]
["Total Income",878128.81970639946,884261.9635367525,890325.10736710555,894235.10736710555,893683.25119745848,903398.75502781139,908120.75502781139,902347.39502781141,897391.25119745848,900528.25119745848,897654.25119745848,903402.25119745848,10753477.156439394,44806.154818497474]
[]
["Expenses","January","February","March","April","May","June","July","August","September","October","November","December","2028 TOTAL","$ Per Unit"]
[null,"Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable","Stable"]
["Payroll Expense",29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,29462.5,353550,1473.125]
["Marketing",5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,5045.625,60547.5,252.28125]
["Admin Expenses",6950,7150,7025,7025,7025,7275,7000,7250,6825,6825,6825,6825,84000,350]
["Management Fee",31000.136432478594,31136.700910154712,31273.265387830827,31273.265387830827,31409.829865506945,31546.394343183063,31546.394343183063,31546.394343183063,31409.829865506945,31409.829865506945,31409.829865506945,31409.829865506945,376371.70047537884,1568.2154186474118]
["Utilities",15000,15000,15000,15000,15000,15000,15000,15000,15000,15000,15000,15000,180000,750]
["Maintenance Expenses",2378,2479,2481,3489,3489,3489,4474,4474,4474,4251,3915,3807,43200,180]
["Make Ready",7076.6129032258068,6532.2580645161288,5987.9032258064517,5987.9032258064517,5443.5483870967746,4899.1935483870966,4899.1935483870966,4899.1935483870966,5443.5483870967746,5443.5483870967746,5443.5483870967746,5443.5483870967746,67500,281.25]
["Contract Services",7000,7000,7250,7500,7500,8000,8000,7500,7750,7750,7500,7250,90000,375]
["Replacements*",1400,700,1050,2800,2800,1400,1400,700,1750,700,700,1400,16800,70]
["Total Operating Expenses",105312.8743357044,104506.08397467085,104575.29361363727,107583.29361363727,107175.50325260371,106117.71289157015,106827.71289157015,105877.71289157015,107160.50325260371,105887.50325260371,105301.50325260371,105643.50325260371,1271969.2004753789,5299.8716686474118]
[]
["Net Operating Income",772815.94537069509,779755.87956208165,785749.81375346822,786651.81375346822,786507.74794485478,797281.04213624122,801293.04213624122,796469.68213624123,790230.74794485478,794640.74794485478,792352.74794485478,797758.74794485478,9481507.9559640139]
["NOI Margin",0.88007126975867223,0.88181547065907773,0.88254257602271791,0.87969238433235464,0.88007439648332031,0.8825350242061123,0.88236397824835688,0.88266413415167344,0.88058664143470178,0.882416233902932,0.88269258112226068,0.88306039406856318,0.88171554354270432]
["Debt Service",{"$nulls":12},0,0]
["Taxes & Insurance",55890,55890,55890,55890,55890,55890,55890,55890,55890,55890,55890,55890,670680,2794.5]
["Financial Expenses",2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,2587.4999999999995,31049.999999999996,129.37499999999997]
["Depreciation Expenses",{"$nulls":12},0,0]
["Other Non-Operating Expenses",1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,1470.9937499999999,17651.924999999999,73.54968749999999]
["Total Non-Operating Expenses",59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,59948.493750000001,719381.92500000005,2997.4246875000003]
["Net Income",712867.45162069506,719807.38581208163,725801.32000346819,726703.32000346819,726559.25419485476,737332.54838624119,741344.54838624119,736521.18838624121,730282.25419485476,734692.25419485476,732404.25419485476,737810.25419485476,8762126.0309640132,36508.858462350057]
["*May Contain capital items"]
["Italics items TBD"]