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TenantNet Forum Archives 1996-2002
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Re: One common misconception about Rent Control

Posted by Sir Loving on May 03, 1997 at 10:04:58:

In Reply to: Re: One common misconception about Rent Control posted by Jon on May 03, 1997 at 01:59:14:


114 Christopher St Apartment Corp. (Co-op Building)

Revenues:
Mainenance 267,015
Rent Controlled Rents 40,000
Laundry Income 1,705
Micellaneous Income 13,475
Interest and Dividends 4,343
Total Revenue 326,538

Exspenses:
Interest 118,062
Real Estate Taxes 59,088
Utilities 18,041
Water & SewerTaxes 15,813
Management Fees 15,000
Repairs & Maintenance 29,722
Insurance 13,491
Professional Fees 3,747
Sundry 1,252
Payroll & Payroll Taxes 3,009
Amortization 7,153
Office 1,532
Fees & Bank Charges 2,325
State & City Income Taxes 1,976
Total Expenses 290,211
Excess of revenues over expenses
before depreciation 36,327

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