| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,660 | 0 | 0 | 6,660 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1999-02-02 | 2,773,329 | 1,583,029 | SL | 27.000000000000 | 101,249 | 0 | 101,249 | |
| APPLIANCES | 1999-02-02 | 29,375 | 29,375 | SL | 7.000000000000 | 0 | 0 | 0 | |
| VINYL FLOORING | 1999-02-02 | 26,268 | 26,268 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CARPET | 1999-02-02 | 18,653 | 18,653 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BLINDS/SHADES/ARTWORK | 1999-02-02 | 8,201 | 8,201 | SL | 7.000000000000 | 0 | 0 | 0 | |
| HVAC OFFICE | 2005-04-12 | 1,850 | 1,850 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| HOT WATER HEATERS | 2005-12-06 | 6,202 | 6,202 | SL | 5.000000000000 | 0 | 0 | 0 | |
| HEAT PUMP | 2011-08-01 | 5,000 | 1,751 | SL | 10.000000000000 | 499 | 0 | 499 | |
| COMPUTER SOFTWARE | 1999-02-02 | 1,540 | 1,540 | SL | 3.000000000000 | 0 | 0 | 0 | |
| COMPUTER HARDWARE | 1999-02-02 | 2,598 | 2,598 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COPIER | 1999-02-02 | 1,550 | 1,550 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER HARDWARE | 2002-02-20 | 1,368 | 1,368 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PATIO FURNITURE | 2001-06-28 | 2,258 | 2,258 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CARPET | 2010-06-30 | 7,205 | 6,482 | SL | 5.000000000000 | 723 | 0 | 723 | |
| LAND | 1999-02-02 | 73,013 | L | 0 | 0 | 0 | |||
| LAND IMPROVEMENTS | 1999-02-02 | 149,919 | 149,919 | SL | 15.000000000000 | 0 | 0 | 0 | |
| LAWNMOWER | 2001-03-21 | 1,100 | 1,100 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CARRIER HEAT PUMP AIR HANDLER | 2013-02-07 | 8,925 | 1,216 | SL | 10.000000000000 | 892 | 0 | 892 | |
| REPAIRS TO SIDEWALK | 2014-06-23 | 2,550 | 160 | SL | 8.000000000000 | 318 | 0 | 318 | |
| WATER HEATER | 2013-12-27 | 8,866 | 444 | SL | 10.000000000000 | 886 | 0 | 886 | |
| WATER HEATER SECOND FLOOR | 2014-01-23 | 9,032 | 452 | SL | 10.000000000000 | 903 | 0 | 903 | |
| PTAC HEAT PUMP | 2014-11-16 | 2,361 | SL | 10.000000000000 | 118 | 0 | 118 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 2,773,329 | 1,684,278 | 1,089,051 | |
| APPLIANCES | 29,375 | 29,375 | 0 | |
| VINYL FLOORING | 26,268 | 26,268 | 0 | |
| CARPET | 18,653 | 18,653 | 0 | |
| BLINDS/SHADES/ARTWORK | 8,201 | 8,201 | 0 | |
| HVAC OFFICE | 1,850 | 1,850 | 0 | |
| HOT WATER HEATERS | 6,202 | 6,202 | 0 | |
| HEAT PUMP | 5,000 | 2,250 | 2,750 | |
| COMPUTER SOFTWARE | 1,540 | 1,540 | 0 | |
| COMPUTER HARDWARE | 2,598 | 2,598 | 0 | |
| COPIER | 1,550 | 1,550 | 0 | |
| COMPUTER HARDWARE | 1,368 | 1,368 | 0 | |
| PATIO FURNITURE | 2,258 | 2,258 | 0 | |
| CARPET | 7,205 | 7,205 | 0 | |
| LAND | 73,013 | 0 | 73,013 | |
| LAND IMPROVEMENTS | 149,919 | 149,919 | 0 | |
| LAWNMOWER | 1,100 | 1,100 | 0 | |
| CARRIER HEAT PUMP AIR HANDLER | 8,925 | 2,108 | 6,817 | |
| REPAIRS TO SIDEWALK | 2,550 | 478 | 2,072 | |
| WATER HEATER | 8,866 | 1,330 | 7,536 | |
| WATER HEATER SECOND FLOOR | 9,032 | 1,355 | 7,677 | |
| PTAC HEAT PUMP | 2,361 | 118 | 2,243 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TENANT SECURITY DEPOSITS | 11,850 | 11,449 | 11,449 |
| RESERVE FOR REPLACEMENTS | 149,084 | 146,560 | 146,560 |
| ESCROW DEPOSITS | 10,027 | 9,522 | 9,522 |
| RESIDUAL RECEIPTS RESERVE | 81,567 | 81,608 | 81,608 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 14,016 | 10 | 0 | 14,006 |
| MANAGEMENT FEE | 19,079 | 0 | 4,530 | 14,568 |
| UTILITIES | 41,385 | 0 | 9,825 | 31,560 |
| OPERATING & MAINTENANCE | 58,081 | 0 | 13,789 | 42,798 |
| PROPERTY & LIABILITY INSURANCE | 9,499 | 0 | 2,255 | 7,244 |
| BANK SERVICE CHARGES | 123 | 123 | 0 | 0 |
| ELDERLY CARE EXPENSES | 1,294 | 0 | 307 | 987 |
| ADVERTISING AND MARKETING | 794 | 0 | 189 | 605 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME | 132,735 | 132,735 | |
| LAUNDRY & VENDING | 3,615 | 3,615 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSITS | 11,850 | 11,449 |
| MISCELLANEOUS LIABILITES | 533 | 628 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,903 | 0 | 0 | 3,903 |