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UNIT MIX
<br />Studio 11
<br />Shasta Street 1-Bedroom 38
<br />Initial Year Operating Budget 2-Bedroom 35
<br />3-Bedroom 16
<br />4-Bedroom 0
<br />TOTAL 100
<br />Residential
<br />(Current)Per Unit Non-Residential Per Sq Ft Total
<br />RESIDENTIAL EXPENSES 0
<br />Advertising 800 8.00 800
<br />Office Salaries 0.00 0
<br />Management Fee 84,000 840.00 84,000
<br />On Site Manager 140,000 1,400.00 140,000
<br />Office expenses 9,550 95.50 9,550
<br />Legal Expense 9,550 95.50 9,550
<br />Audit Expense 13,000 130.00 13,000
<br />Book keeping/Accounting 11,340 113.40 11,340
<br />Communication 22,060 220.60 22,060
<br />Workers Comp Insurance 16,343 163.43 16,343
<br />Misc Admin Expenses 17,716 177.16 17,716
<br />Sub-total 324,359 3,243.59 - 0.00 324,359
<br />UTILITIES 0
<br />Trash Removal 43,500 435.00 43,500
<br />Electricity 136,500 1,365.00 136,500
<br />Gas 0.00 0
<br />Sewer 37,500 375.00 37,500
<br />Water 82,000 820.00 82,000
<br />Misc Utilities 0 0.00 0
<br />Sub-total 299,500 2,995.00 - 0.00 299,500
<br />OPERATING AND MAINTENANCE 0
<br />Maintenance Personnel 116,200 1,162.00 116,200
<br />Maintenance Supplies 12,000 120.00
<br />Janitorial Personnel 5,500 55.00
<br />Janitorial Supplies 4,250 42.50
<br />Pest Control 5,500 55.00
<br />Repairs Contract 22,500 225.00 22,500
<br />Elevator 16,000 160.00
<br />HVAC Repair Maintenance 0.00 0
<br />Landscape Contract 20,000 200.00 20,000
<br />Interior / Exterior Painting 3,500 35.00 3,500
<br />Misc. Maintenance 25,000 250.00 25,000
<br />Security Contract 53,040 530.40 53,040
<br />Contracts 7,600 76.00 7,600
<br />Sub-total 291,090 2,910.90 - 0.00 291,090
<br />TAXES AND INSURANCE 0
<br />Real Estate Taxes 5,000 50.00 5,000
<br />Payroll taxes 25,000 250.00
<br />Health Insuarance/other benefits 67,550 675.50
<br />Misc. taxes, licenses, permits and insu 4,000 40.00
<br />Property and Liability Insurance 192,700 1,947.00 192,700
<br />Sub-total 294,250 2,942.50 - 0.00 294,250
<br />TOTAL OPERATING EXPENSES 1,209,199 12,092 - - 1,209,199
<br />920 Shasta_100units_4+_AHSC+IIG_2024 06 24ATTY/RESO.0034/CC RESO APPROVING PROJECT (901 EL CAMINO REAL) - EXHIBIT B
<br />REV: 04-22-25 VR
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