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HomeMy WebLinkAbout2004-2005 Ballpark Budget s c s �� �r� _ �� „ �: � �� .. .�R . � � ; � � : ,����� � �� � . � r �����a�� �������������� ` ��� � � ����� � �� � � � s � " � �`i�`� ° ������£����� S:, � � � r��� ��� � x - ��, � y� �� ti��� �� z�x ��. �s.�, „� '���.���``�,��'.�''�� z�z � , �'.,�� r� � ,����+*�7� �ar �� � r � � �. k*� �,6����`�k..����°'��� '' e`` , p��'' -c �-,'��,..x„''�s .a ,�a : � : . , �� �, c ,?T ; ���� �y���� ; �. � �'d ,�; s� '� � r �. �� , �. �s- �,' �t � � _ , "� y� �� � ,� � ��, w ,. � 4 �� � : � � � ' ` � � ° `� � � � � ����`' � f f � � a», ,�� r�� � 3� y � � �.., "x�Yu-y e.. {.�," �'%T 1 ;� �.i�, ' : � � �yf� � . . � ��.�a .., �#d"#9;;�'t"C,g�S?=�'�' ��� .�vki.r� � � � p � $� . . : h . � ' � , � � Y� � 'y�4 } �r`� 1 � � � � � ��x� �c���i��t t� y�' � � � ,�r s � �" , ".� �. ...�e° �".� '�','"�^6�'�"�.�� i � $L��'��.�������r*��"�����'k.cM"`"`r'z� 's s ,._. : � tc n� a- �ia-� - . r; .. .��'� � . �� � �� :*c .�. ,�r-.�, , ,�p � '���- ,t�:,,, .�" k � ��: � ;, ������ ��� ��� ��s��"�s" ;��,���t ..,:; .....,,� ���� , ,,�,, .. ^� �,.i'��," .�s,... . �� �:; ' .: . � �'� i�1�'Y��4' ��� � v'' .,�,. '��`z.'e.. . i m=' .. ��� � �� ,_�"��y"t� ... ��i,, . . ?Aj ���. ��f � � r ..... s..��s",°�a t, u 4 2 -2 5 �I ti e � � I14'?�ES'I'�!F:�7` • MA4ACT;M�NT + I�EVEI.OP�vfE?�"P 1800 Bering Drive� Suite 32d� Houston TX 77057� P 713-'782-5800� F 713-268-5111 www.assetcampus.com The Ballpark WEEKLY TRAFFIC REPORT 7/12/20D4 @AON TUE WED THUR PRI SAT SUN TOTAL TRAFFIC 2 1 ` 2 0 '4 3 4 ' 16 ' SIGPIED APPL: 5 2 ' 4 6 4 4 5 30 CLOSIPJG RATIO 188% NET LEASING AGTIVITIES: NEW RPPS THIS WEEK 30 #OF CANCELS '2 RENEWALS 0 tdET GAINILOSS THIS WEEK 28 THIS WEEK 477 sq ff 400 sq ft 760 sq ft 988 sq ft 1195 sq ft 1220 sq ft A B C d E F ', TYPE OF UNIT: Lrg.Eff Sm.Eff 212 3i3 4/2 4/4 TOTAL ! BASE RENTS: 7,788 7,188 6,420 5,388 4,864 5,148 TOTAL BEDS: 24 54 48 234 96 312 768 #OF APPS RECEIVED THIS W EEK: 0 1 2 1 5 9 13 i 30 %OF TQTAL BEDS: OA%o 3.7% 2.1% 2.1% 9.4°10 4.2% 3.9% #OF BEDS LEASED THIS WEEK: 0 - 2 1 5 9 13 30 %LEASED: 0.0% 3.7% 2.1% 2.1% 9.4% 4.2% 3.9% TOTAL 477 sq ft 400 sq ft 760 sq ft 988 sq ft 1?15 sq ft 1220 sq ft A B C D E F TYPE OF UNIT: Lrg.Eff Sm.Eff 2(2 3/3 4t2 4/4 TOTAL BASE RENTS: 7,788 7,188 6,420 5,388 4,860 5,148 TOTAL BEDS: 24 54 48 234 96 312 768 #OF APPS RECENED TO DATE: 24 42 ` 45 '!53 ' 70 1&6 520 %BEDS W/APPLICATIONS: 1Q4.0°l0 77.8% 93.8% 65.4% 72.9% 59.6% 67.7% #OF LEASED BEDS TO DATE: 24 ' 42 45 153 7fl �86 520 °/a LEASED: 100.0% 77.8% 93.8%0 65.4% 72.9% 59.6% 67.7% #OF BEDS REMAINING(unleased&un-apped) 0 12 3 &1 26 126 248 JE�FERSON COIIAf�ON� at TFiE BALLPR.RK 2004-2005 Budget Narrative INCOME DESCRIPTION TOTAL ' Rental Income Based upon an average of$457 per room. $ 4,216,752 Premium of$50 assessed on 9-month leases;however,due to market Short Term Rent Premium conditions,some premiums are being waived. $ 9,000 Vacancy Loss Estimated a vacacny loss of 10.5°/o for the year. $ (443,190) Due to market conditions,prorating approx.six weeks of rental concession over , Prorate Concessions a 12-month term. $ {519,308) Write-Offs of Rentai Income Represents approx. 1%bad debt write-off $ (36,000) , Funds in this category represent free rent to the Resident Assistanfs during the ' Employee Discount Units course of the year. $ (64,218) 70TAL INCOi�iE $ 3,163,036 ' OTHERINCOME GaragelCarport Rent Income generated from assigned carports @$20 per space. $ 27,000 Due to market conditions,minimal concessions are being granted as an GaragelCarport Rent Concession incentive to lease. $ (1,800) Pet Fees/Rent/Non-Refundable Non-refundable pet fees. $ 3,000 Storage Rental Concession � Income received on 10 storage spaces at$25 per space. $ 3,000 Vending Income Income received on vending machines located at the property. $ 180 ' ' Due to market conditions,application fees are being waived;however,minimal Application Fees amount is being budgeted. $ 3,600 Relet Fees Fees associated with subleasing andlor early termination from lease. $ 12,000 Late Fees Late fees on rental payments received after the third of the month. $ 17,760 NSF Fees Fees associated with return checks. $ 2,400 Access Card Fees Revenue generated from reissuance of access cards. $ 420 Damages Charges assessed for damages upon move-out of the resident. $ 10,000 Anticipate coilecting only 12%of the total damages,and the balance of charges Write-off of Damages will have to be written off. $ (8,900) Forfeited Deposits Deposits forfeited upon move-out. $ 1,000 Lease Violations Income Fees assessed for various lease violations after the second offense. $ 900 Write-offs-Other Rental Projected amount of write-offs on other rental income. $ (9,000} Short-term Investments Amount provided by TSHA. $ 135,000 TOTAL OTHER INCO(+IIE $ 196,560 EXPENSES Personnel: Personnel Expenses See attached payroll schedule for details. $ 311,481 Utilities: Electricity-Clubhouse Electricity on the clubhouse building. $ 51,000 Electricity-Vacants Electricity associated with vacant units at an average of$10 per vacant. $ 7,800 WaterlSewer-Clubhouse Water and sewer associated with the clubhouse and common area. $ 12,000 Water/Sewer-Residents Water and sewer at$10 per unit. $ 87,000 , Gas Gas used for the clubhouse. $ 3,000 Based on current contract and additional funds in September to address ' Refuse Removal additional collections due to turns. $ 14,200 Cable Based on current contract of$5,400 per month. $ 64,8�0 Based on current contract for lnternet service at a monthly cost of$9,250 ' Resident Internet and/or$12.05 per bed. $ 111,000 Administrative: Telephone-Basic $500 for a total of 9 lines. $ 6,000 Telephone-Long Qistance $100 per month for long distance useage. $ 1,200 ' Answering Service(Pager $200 per month for answering service and$250 for 6 pagers. $ 5,400 Postage $2Q0 per month in postage cost for office correspondence only. $ 2,400 Courier/Overnight Delivery $54 per month for courier and overnight delivery $ 600 Computer Suppiies $180 a year for disc,toners,etc.for the computers. $ 180 , $2,305 in September for annual liscense for Rent Roli Software and$100 per ' Computer Equipment-Software month for misc.software requirements. $ 3,505 Bank Charges $25�per month for misa bank charges for wires,servi�e fees,etc. $ 3,000 Credit Card Charges Merchant fees associated with acceptance of credit card payments. $ 3,000 Qffice Supplies $200 per month for office supplies. $ 2,400 Office Decorations Seasonal decorations,as needed. $ 525 Safety Equipment Medical supplies for medical kit in the office and maintenance shop. $ 240 Fire Alarm InspectionlEquipment $6,500 in May for annual fire/sprinkler inspection. $ 6,500 Cost associated for toner,paper,and maintenance agreements on copiers and CopierlFax Expenses fax machines located in the office and computer lab. $ 6,600 Liscense/PermitslFees Fees associated with various liscenses for the property. $ 900 $600 in October for OneSite training in Dalias. $1,500 for the remaining of the '' Empioyee/Training/Education year for various training and/or seminars for the staff. � 2,100 ' Credit and backround checks on all applicants. Also,inciudes miscellaneous Other Administrative Expense administrative expenses not covered in other categories. $ 15,000 Contract Seroices: Extermination Monthly extermination contract. $ 3,600 Landscaping Monthly landscaping contract. $ 34,050 Other Gontract Services Alarm monitoring and maintenance contract on Key Trac. $ 4,620 ' Interior&Exterior Maintenance: Alarm System Repair Repairs to alarms in the ciubhouse and resident units. $ 780 Appliance Repair Appliance parts andlor repairs to dishwashers,microwaves,stoves,etc. $ 600 Interior Electrical Repair Funds to address internal internet wiring issues. $ 1,200 Interior Light Buibs �ight bulbs for clubroom building. $ 720 Interior Paint and Walipaper Miscellaneous painting and repairs to dubroom building. $ 300 Carpet Clean/Repair/Dry Monthly cleaning of carpet and tile areas in the clubroom building. $ 2,100 Sheetrock repair ta various waiis in the fitness room area and clubroom Interior Sheetrock Repair building. $ 360 Vinyl and tile repairs to kitchen and bathroom areas in the clubroom building Interior Vinyi and Tile area. $ 180 ' Plumbing Repair Funds to address plumbing repairs and/or suppiies. $ 720 Janitoriai Supplies Suppiies for cleaning fhe office and bathroom areas. $ 1,20Q Window Wail Covering Replacement of wands and/or biinds in the clubroom building. $ 210 Recreation Facility Repair Anticipated repairs to the fitness and computer lab equipment. $ 1,080 ' Locks&Keys Key blanks,lock sets,etc. $ 720 ' Other Interior Repairs and Maintenance Other interior repairs that are not addressed in any other category. $ 1,800 Pool and Spa Supplies Chemicals for the pool and spa. $ 2,400 Goif Cart Repair Repairs to the golf carts,as needed. $ 360 Compressors and condensors are still under warranty. Funds wiil be utilized for HVAC Repair and Maintenance freon,stats,etc. $ 3,300 Landscaping Suppiies Hoses,rakes,sprinkler heads,etc. $ 300 W indows and Screens Replacement of windows and screens. $ 600 Exterior Paint Painting of curbs and fire zones. $ 180 Exterior Electrical Electrical repairs to buiiding light fixtures. $ 300 Exterior�ight Buibs Light buibs for exterior light fixtures. $ 2,400 Exterior Repairs Repairs to stairwelis,siding,etc. $ 600 Access Gate Repairs Repairs associated with the twa gates at the property. $ 600 Walks and Parking Lots Curb repairs. $ 210 Tools and Equipment Small tools and equipment. $ 240 Fence Repairs Fence repairs to permiter fencing and patios. $ 180 TurnoverExpense: See individual line item in the budget for more detail. Anticipate turning approx. 540 beds at an average turn cost(does not inciude carpet replacement)at an ' average cost of$210 per bed. $ 113,725 Turn reimbursements from residents-see budet detaii for more explanation. $ (31,650) ' $ 82,075 AdvertisinA�Promotions: Locator 100%locator fees on 44 leases. $ 20,000 Resident Relations Resident newsiefter. $ 1,200 Monthiy resident functions for the residents. Also,includes water and Resident Functions refreshments in the office and coffee bar area. $ 6,000 Longhorn recruiting Saturdays in September through November,SWP of the Campus Events South ACC Housing Fair in February. $ 650 $100 per month for various line advertising. �2,000 in November and April for Newspaper Advertising the student guide pubiication and$3,000 in February. $ 10,000 Magazines Quarterly payment of$300 for study break ads. $ 1,200 Brochure Advertising New brochures in October. $ 4,000 ' One campus mailer,2 all-accepted mailers,and a direct mailer for the Direct Mail Riverside area. Total of four direct mailers. $ 12,000 Apartment Guides Monthly ad in the Apartment Guide. $ 6,000 Model Apartment Expense Repairs to the model. $ 250 FlagslBanners/Mats Banners,bandit signs,entry mats,etc. $ 900 Office Refreshments Ozarka water. $ 300 Other Advertising&Marketing $3,000 in March and$3,000 in June for radio advertising. $ 6,000 Leqal Fees: Legal Fees Funds required far rental and non-rental evictions. $ 2,400 Propertv tVianaqement Fees: Based upon 3%of revenue. $ 1 Q0,705 Insurance&Taxes: ' Insurance Based upon an insurance cost of$260 per door. $ 73,536 Repiacements: HVAC Compressor and fan replacements only. $ 3,000 Signage $25Q every other month to replace door and common area signage. $ 1,5Q0 Carpet Anticipate replacing 16 carpets in the August 2005. $ 15,000 Countertops Anticipate replacing 6 countertops in August 2005. $ 1,250 Doors Anticipate replacing a total of 4 exterior doors and 12 interior doors during turn. $ 2,250 Light Fixtures Funds to address broken and/or missing light fixtures. $ 1,250 Recreation Facilities Appliances. Security System Replacments-Other pn Co aY Th _ ark . _ _ Austin,TX 7112/2004 282 Units 768 Beds Se -04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 A r-05 Ma -05 Jun-05 Jul-OS Au -05 Totals 40p5` i Schedul`ecl��aehtai�R�Jenue : 35Y.356 i 351;396 . ��51,396 3513J8� �351.396 � 351,396� � 35�;395 i 351,3951. 351;,3�6 351;396� 3,5fi;396 351;398�� 4F;�15;752" 4030 Gain(Loss)to Lease 0 0 0 0 0 0 0 0 0 0 0 0 0 4045 ' ShortTemi,RentPremium 1;000 1,000 t,D00' 1;000 i,000 1,QD0 1,000 1,000' i,000, 0' . 0 0 ' 9;000- 4050 Vacancy Loss (38,104) (38,104) (38,104) (38,104) (38,104) (38,104) (38,104) (38,104) (38,104) (33,418) (33,418) (33,418) (443,190) A055� !.Prior Pertod,ABj-Vacany 0 ' 0� 0 0� tl� 0. Q 0�� . I A q�c ,. � 0 i � 0; 4056 Prior Period Adj-Rent 0 0 0 0 0 0 0 0 0 0 0 0 0 A060 : Lease Gnmmissidns. 0 ; 0" 0 0 0," p, q` 0' Q D 0 0 tt. 4061 Lease Prorate Concessions (43,276) (43,276) (43,276) (43,276) (43,276) (43,276) (43,276) (43,276j (43,276) (43,276) (43,276) (43,276) (519,308) 4082 C7ttigr Ci�ncess:Se;�r�olorship I (7 0' ' -0 9i . 0� 0:. 0 " 0; �, , tt;. ; p �0�� _ ;,.�: 4075 Acce�erated Rent 0 0 0 0 0 0 0 0 0 0 0 0 0 4082 ". VYHte=oNs:Rental InCorime ?(3.040} ; ` (3;Oti0) . (�;000) {3`;tl00j. (3,Qb0), (3;0001 (3;4d0} ; (3;dOdj (3,040}. . {3AOt�) 43,DOOj (3';fl00); {38;O,q0): 4085 Non-ResidenUEmp.Rnt.Disc.Units (4,180) (4,180) (4,180) (4,180) (4,180) (4,180) (4,180) (4,180) (4,180) (8,866) (8,866) (8,866) (64,218) Tofal Rental lncome 263,836 263,836 263,836 263,836 263,836 263,836 263,836 263,836 263,836 262,836 262,836 262,836 3,163,036 d035�' r G�YageXGarportRent;". ; {�2;250 : � �2;25Q� � �"��2:250' �� 2;250; ` 2i250,,. 2,25�; � �2;250� - 2�250,? , �;��0' 2�,25q•�; �2;250 ��,250;j<� 27i004; �� �: . .r ��96 Garage/Carport Coneession (150) (150) (150) (150) (150) (150) (150) (150) (150) (150) (150) (150) (1,800) 40 ' 05', ° ', PetFees/Re�ii/(Vpri-R�fiCSep:' v, I �,000 ����, ; .'.{��. , 0� 0; � "�:�,�.:. 4 � U �. .R ,..�.- �.. .. ����0�, .'.0,; �� vCJ 0�'-:; S;tlp4� 4115 Storage Rental Incorne 250 250 250 250 250 250 250 250 250 250 250 250 3,D00 4�55� .. �,! Uending',incp!i?e , � ; � i� <,. ,15 ,� �� . "�5 . ,',..,. '15, ����1.5;.�.": �� �15.. ,7�;: ��;. " . ��1,5� ` ti���"'� .. , ,'.�� ��., : " . ' 1��' ` `' 't5,: 1,8p`e �. .._ ,, 4175 Applictian Fees 300 300 300 300 300 300 300 300 300 300 300 300 3,600 4a77 ,� Application.Fe�:EXpense � ' � � 0 � Q � � Ot..��� ", 0� ��.°'�. , 0� � ', ,0 V; � � i;. 4 � � 2Y t ��� 9 4�'�".�',: �� `�1;�� 4185 Cancellation Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 4-187� ' ,Writ�-Of#s�CanoellatiomFees' ` � ` �,� , p �� , d; �� o D: .�� `, . : ��7 ;';.;� . Ci � `�� ;":: 0 . � `:. t#;`, � ' 0 t1; , � + �., ;�� " 0' � 0�' 4190 ReletFees 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 A204 �; NSF:Fe�S � � � 2(30, .; 2Q0` � �20Q " � �,.,?00 ',...;200 , 2Q4;' �,240 � 2t70,r � �'.200.- �00 i 20b�' � 200� 2�,dOp,i 4205 Late Fees 1,480 1,480 1,480 1,480 1,480 1,480 1,480 1,480 1,480 1,480 1,480 1,480 17,760 4�1�? 1 /a�ess`GartlFeesl 35 +. 3`� ' ' $5 „�5�.'.� � -36� .�, 35' -', � '35`, � , 36; , i:�3�a �5',� �"' �`_ �5 35�: . � ;d20� 4215 Damages 250 250 250 250 1,000 250 250 250 250 250 250 6,500 10,000 a2��:� �, write=o�sqamas.e�s ,�' -:� ' ': _�� - ". {200}�� ' � ;t2oo} �� . �t2oo). {zoQ�: •. . .;tsoo},�� � ' :{zooJ , ����:����2odl + ' .:�oo� � �zo�}� �����(zoo�;�.. (��oaj����� <,��ts,�oq�. �. ��s;e�o}� 4217 Adminiskrative Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 . . , � , � 4„2"�40., : � �$YfeiteC�1Jep£�Sits: Li �1'� �9 �!. , ., 0 - �0+ �;,,0 ,��-;' t1 0:�,,: ., , 0 ';",,; '; t.b{?(Y, , 1;60�7' 4255 Common Area Fees � 0 0 0 0 0 � 0 � 0 0 0 0 0 0 0 4260 � ,Lease;V,�olatians�ir5�nme, r:,� - � -� ' �� .,.,;s7'5 �� � . 75� , �" �� 75 ' x75� � �,� 75��, -' e °75� ��' 7� � ZS,; � 75; �75 � � � 75 75�� 94�,: 43p5 Other Rental Income{Misc.Income) 0 0 0 0 0 0 0 0 0 0 D 0 0 4369, - ,�` .Wdte,of�S�..OtherF�enfa(�, --%. ;,(760) ,� . `{75�)�<�, . '_(750) ���� (75q��,:',. (750);��. ' - ,`{750) " � ..(750}, �"XSQ�� ' ;{Z�0} (754}, `�., :.';�(Z�0) ., � (75bj;-"'',�;{8;Q0R�, 4510 Short-term investments 11,250 11,250 11,250 11,250 11,250 11,250 11,250 11,250 11,250 11,250 11,250 11,250 135,000 TotalOtherincome 19,005 16,005 16,005 16,005 16,055 16,OOS 16,005 16,005 16,005 18,005 16,005 17,455 198,560 Totallncome 282,841 279,84'i 279,841 279,841 279,891 279,$41 279,841 279,841 279,841 278,841 278,841 280,291 3,359,596 5,�23„ ��; Sal�ries«Martage,"rrterd. �; �,191"-! � 5;�91'� �5,19`9 � 12;288 '" ; .8,`191 =" 8;194; �,"8;'1"9i;. ' . 8;131' �;:�S,i�81'� � � 8;197� "' :: :1�;286 �.8;1�1 �, ' °:�.1tl6�+!$Q,;� 5025 HourlyWages-Service 6,088 6,088 6,088 9,132 6,088 6,088 6,088 6,088 6,088 6,088 9,132 6,088 79,140 5036; � �loutiy\Nages��liQuSekeepi�g <'�1;280 �° 1,280 . , �-1;280 t920; . -��� �;281T � �� ' "1.280�����,+;.. 1,��80 1,2$0.;� °"[�280 1,28b�. `� 9���,920 � 9,28q; ��.'l6;64d' 5045 Overtime 0 0 0 0 0 0 0 0 0 0 0 0 0 5046- Qvertime�Managem,erilf 0 � 0 0 0 0; q U 0" . 0' (l'; 2,,500.; 2;604. 5047 Overtime-Service 0 0 0 0 313 0 0 0 625 0 0 1,250 2,188 5050 QVertimeMMainUGroUnds 0 b;, , , , 0 b' ' 260 dl, 0 , 0' !40�3,,`' A 0 $OQ , - ^k;40Gs 5055 Overtime-Housekeeping 0 0 0 0 200 0 0 0 400 0 0 800 �,400 5082 �� Temp6r�YX�Eirip)oyrrte�t: . � o ��� 0 '. 0 G;; � 0 0;" � � � � 0: , ��t7 .. D';� �� �0 D � j3; 6080 Payroll Taxes 2,037 2,037 2,037 3,056 2,122 2,037 2,037 2,037 2,207 2,037 3,056 2,688 27,390 5090 ' Gtoup'InsUrariCe ' 1';750 : ' 1.750 1;750 �1,750 i,750 1;750; ., 1,750. 1;750- ' �t;750 1,7�(3 „ ' 1;750 ' 1;750 21;;Od0; 5100 Workers Compensation 1,872 1,872 1,872 2,808 1,950 1,8�2 1,872 1,872 2,028 1,872 2,808 2,470 25,167 5105 Empioyei 401k,Contiributitins: 115 : 85 " 85 128 89. 85,; 85„ B„5' 92 , 85 T28" 112"r 1;178= 5114 Uniforms 1,000 0 0 0 0 0 500 0 0 500 0 0 2,000 5117 � Other�PersQ�nel.'E}C�@nse. `; 530 �� 430� � i 330 � 43b ��:530 3p0�� - 200 300'� �200 - 630; ". ��3d ' �� 430!' ��640',: 5146 Employee Screening Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 5147 �� Ernp16y5�eReoruitingFees , 0 �� � 0 �� �fk ` 0� � Q��: D . 0��� ���U� .. 4J� � �. ��"8 5149 Help Wanted NewspaperAd 75 75 75 75 75 75 75 75 75 75 75 75 900 5190 '; ; C;easin:Goinrriissitins,. j;�189 �� � 1:485 .� 1,489 : � 2�234f - � 1;488., � 1�,�8J`, � �-"�F.ti;488 1,489�; . 1,489-. . '� 1�4891 � .. , N2�,234 :`��� 1;489,- 78;36a°� Tota/Personne/Expense 24,427 23,297 23,197 33,818 24,276 23,167 23,567 23,167 24,826 23,997 33,718 30,024 311,481 ._ _ ..�n Coi at Thc , irk . _ Austin,TX 7/12/2004 282 Units 768 Beds Se -04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 A r-05 Ma -05 Jun-05 Jul-OS Au -05 Totais 54:11 � E(ectr�sify=Clubhou"se `� 4,250� ; � 4.250` �,�SQ ' -4;250- A,250 � 4,25p�, 4;250. . �4,25p,'; � ' 9t25Q � 4;250 �� 4250' 4:�5Q"�, �� .S1yqOp` 5413 Electricity-Vacants 650 650 650 650 650 650 650 650 650 650 650 650 7,800 5414 Etectricitg!-Reimb,ursemertts 0 6 0 0 0 0.'! `, 0 �p; p p 0 : q 0 5436 Water/Spwer-Clubhouse 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 7,250 87,000 5442 � ' yVat�rl5f�wer-Residerlt's� � 1;000 ��� i,QOQ � fi,,000 � .1,006` , � i3OQtl � � 1;,000+ - . 1�,000 � i-,000,! ���� 1�,000 �� 1,OOb��'- 1;�100 � 9;000°i�� -� "1�;�OQ: 5456 Gas 250 250 250 250 250 250 250 250 250 250 250 250 3,000 5460 ��� �as-Gitiht�us�/Moiieis � 0 Q �� !I ` ,� ;0�� �� 4 t3 � 0 � 6';'' � fl l�": . � 0 0 � , �.. . '4;< 5475 Refuse Femoval 2,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 14,200 ��b5 > ca�re ; �; s,aoo �"' �;�op� � ��5�too � �;�og��: ` � 5,4ati � 5�ao�� ,. �;doo - � 5:doo���°.�:: �,�nd � �5�aqa:; ���;�oo, � � '�;40� �� ���9�;; 5514 Resident Telephone 0 0 0 0 0 0 0 0 0 0 0 0 0 55�20 '� C1t1�8Y Fy"els t�tilitie� 0',';,;� , 0 � � � , ��� �. �,:... .., �� ,,;�. ;�� � ;,";: p"�,, � � �, �1 ;, ' ` , 0= 5925 Resident Internet 9,250 9,250 9,250 9,250 9,250 9,250 9,250 9,250 9,250 9,250 9,250 9,250 111,000 Total Utilities 30,150 29,150 29,150 29,150 29,150 29,150 29,150 29,150 29,150 29,150 29,150 29,150 350,800 5sss �; reie�no�,����eas��� �ao, �� �soo �. ��oo� �on�� ;�qo �. . soa.>., ���oa,� ����Q` ��5do:. . ��oo ,� �soo ��on�,� s;�oo�: � �� � ,r, 5657 Telephone-Long Distance 100 100 100 100 100 100 100 100 100 100 100 100 1,200 5�85 ; :� AnswHring Servicelpagers ; ' 45q� �;. 45b. � �s"�450 ti'�- �'450" �450: �;� �;+35D:, .� �q56 . ���5U�.,�� ���,�}50; •450, �450 A�O,:� " �,%kA0' 6805 Postage 200 200 200 200 200 2�0 200 200 200 200 200 200 2,400 58:1�. � �c4unf#dl�ver�iighf f�elivety .t 5p. .; 5t} � SQ., >-5Q: ., � � 50, �,,'S(es`,�.�, . ; 'S0�"; ` '�54it.: , �50 ,.<, �.:�,�0,.. ,:`:'�-,�` �50,. 50 ' �OQ� 5820 Computer Supplies 15 15 15 15 15 15 15 15 15 15 15 15 180 5825� CoinpuE�r�Equlp=Sbf�wara �; �,305�`�`� ;140 � 1b0' � " � �1p0=. , '�100��� � � �9DQ,;,�";:�' ��1A0 :� �,:�.iUb��; �; ��1D��� �DO�'� ; � ���100 " s �00 � ^t�2o0; � � � „ 5838 Bank Charges 250 250 250 250 250 250 250 250 250 250 250 2b0 3,000 5& � � 39 � ; �mp14Y��:�va�uation9 su. , : - ; sr' <`,'.�; +�. ":;��� �< , � <� � �°,�: �`" � � 0��.'�-,'::�- .;: LI-, �,-�, ti � a . .. -,r.... �.�....� � � .�D>" 4 ' �' , p� ;� p.• 5840 Credit Card Charges 250 250 250 250 250 250 250 250 250 250 250 250 3,OOp 5843 �� Office Decorations� � "�;. .., " � p "� "��� � � ` � �� 76 ��;'_� �q0 � �� 2�U,_ �'°,�; i�0;`, �'� �f}0:;. `:: . .200 � ,'�06,�., ` " '200, - ��?11Q 'r �3400,; �84� ' � OfflCe,6�pPii�s � ��� �Q �0� ' �aQ„ � ��' 75 0 75 75 0 75 75 0 525 � 5844�, -..- Sefety E�uipment,.: ." . , .�;� , . ��', ". � ?��� ' '; � 20� ' < 20� 26�; ' ' 20 �.; ��-"��. �20'.' 20 . ��0"�� 2Q ,,.; �0. , � 20 �2d��� �24Q:'� 5845 Fire Alarm InspectioNEquipment 0 0 0 0 0 0 0 0 6 500 0 0 0 6,500� 6846 Prlrrtinj,�ndStationary;.:.. ��,,.�- 1:05n. ..` ""'� �..50, :. ., :�i�55p,. . � . '?.�9� � � ..�9 r.,< 5(7.� 50,��.�; �;50 �: ;5p�"'� .. �,059.� .; 50'.,' >�, `�,..50'.;�:. '. �;1b0.; 5847 Copier/Fax Expense 550 55� 550 550 550 550 550 550 550 550 550 550 6,600 5852. L��en52�/�ermdS/1�.��'� - ��, .�. .,: �. .. =75� , :, ' :,7� �� ,. ,�� �7� �, ,- - -,`,�5, � 7� ;. 75�;� . ; 75. , ��75.'.'' ;� -� Z5': 75�. ';75 .. �� �?fi:` �: „ 880��� 5865 SecuriryiAlarm Expense � 75 75 75 75 75 � 75 75 75 75 75 75 75 900 5887. Empioyee Tr,a�n{rrgl��ucation;, ":�;� ,. U, �� �,60Q"�;�. .. ", :t1,�" ,�':' ;"�200,. . . , �, t� ,.',; �9:, �i ",, �;:Ci�,-. 20Q:.; ,'�56ti','�� �`-�200� ;� �:,�' - 200: �.`1,,'7'�Cl;:. 5890 OtherAdministrativeExpense 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 15,000 Total Administration Expense 7,340 4,735 5,710 4,410 4,210 4,335 4,210 4,410 11,135 6,410 4,210 4,335 82,845 6T10: , Ekter[niriatidn ; ; '; ", ' 30Q`' 30Q; .:' 300 „ 300; '30,6. ;:, ,.:' 300= 3Q0,' ;.. -3Q0.;.. . . .;'r 300'r",>. ;300`;.. , 300" .' �d ; `�;600 6115 LandscapeContract 2,400 2,400 4,160 2,400 2,400 2,400 2,400 4,150 2400 2,400 2,400 4,150 34,050 �43t� ; Protecqqnyerv�cesCr�r�racl,-; ..�° ,�+.: ' � , 0 ..� � b� .-' 0; ,:': ,.,,.:� 0 q.." `°:��� ,�';�.�4� F �p�:. �: ,. "�- �:• . :,, p. �,�. � �� .� � ; �� p: 6145 Cleaning 0 0 0 0 0 0 0 0 0 0 0 0 0 , . , ,; � � � �#50�`�'�,;<: 01heS�i�ntract�5e.t�ricesV , ; � ,, n ;�85:; '�`�:,..�8�� 38� �"4 �:. ,3gg; y, � �,:38� .�;>�.� .,,�385r. ` ., ���38�=.r ; � �38b,"'�. -�� " ,385`�,=.. ,, :`�:�8�::�",."-��� �:'3$5:.'"� ��'.385:" ���,,4;'62Q; Total Gontract Services 3,085 3,085 4,835 3,085 3,085 3,085 3,085 4,835 3,085 3,085 3,085 4,835 42,270 61�0 � �i �q)arrrl'Systern.Rep�ir��` �`65 ,: �.65, s '65„°.. 55, `' " � '65. � 85-� ' ; 8�a"� '$5�:. �,fi5.. 65; � ��,� �,'�"65:.. ��5"; �7$4� 6165 Appliance Repair � � 50 � 50 50 50 50 � 50 50 50 50 50 50 50 600 6�85 � ;� (M�rior�lacfr�Gal,Repair '. _� � 100.,- �� ; 1tl0" � '"-..1Q0.,,-;; „' � �fQO��� � � ��100 � �" 'fQQ' ,10D�.. ^ tOQ'�s ��100- ��iQ�V::' 10g � 1��0, . 1;ZU0; 8190 Interior Light Bulbs 60 60 60 60 60 60 60 60 60 60 60 60 720 6�19�5 � �+ 1nteHorP�intand�IJalipaper ; 25� ,' .2��"��; ; �� �25� ���.�", �25- � i 25- ' ; " �25 " �� �5', � "25�;.� , ` 25 ��5� � �; 25 ' "; 25.=� �bo;, 62D0 Carpet CIeaNRepaidDry 175 175 175 175 175 175 175 175 175 175 175 175 2,100 5�05 ! enor,heetrook��e air , � �. 30 � � 30� �� �� 30 � �' �:30,',rt 30 = ����". ,�p,'' �� � ��30,.= � ', , �30 ��;,°t.'- 30 �� =' �0:� ' �,�"3p �` ;:��-,,.�9d ��` ; 380�: ` f� � � P 6210 Interior Vinyl and Tile 15 15 15 15 15 15 16 15 15 15 15 15 180 s���, � ' p�urr,b��°Repa�r" . ��'sa� � ��so � sb:`�.. ed; �����b � ���so� ' so :� `; ��.:`; . ; sp; � �:so, � ��so � � �aa ; � � ��x�o�: 6235 Janftoriai 8upplles � 100 � 100 � 100 100 � 100 100 100 100 100 100 100 100 1,200 6240� � ' Wfrldow;��pYer�n�Rejraie:. )� �. 1�8 „� �- t8 � 18 �18�� - 18 1�8'�� � 18 = 18: . �" 18 :� �-�;1&" � �9' 1� !'� � ;210 a 6245 Recreation Facility Repair 90 90 90 90 90 90 90 90 90 90 90 90 1,080 6250 !" I,oGks afiti Keys,`` `� � �� gp � gQ 6q " �60� 6� �',84: � ��� 60 6(]'- � 80 60,' � 60 . � 80�� ��:I724: 6265 Other Inierior Repairs and Maintenance 150 150 150 150 1S0 150 t50 150 150 150 150 160 1,800 TotallnteriorMaintenance 998 998 998 998 998 998 998 998 998 998 998 998 11,970 .>n Coi at Thr zrk Austin,TX 7/1 2120 0 4 282 Units 768 Beds Se -04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 A r-05 Ma -05 Jun-05 Jui-05 Au -05 Totals &275 ; Poo{,&�Spa�Suppiie"saridRepair 200� �� �"200 ��200 �20p; }206 �00? ����2q�``. 20�^�� '^�00. 20b: '�200 :" 20q��..` 2;�400`< 6280 Golf Car�Repair 30 30 30 30 30 30 30 30 30 30 30 30 360 6285 HUAG,RepairandMaintenance ° 275 ; �75 275 2>� '275 275; 275 275 ''275, 275' 275 ' �T.S-' 3;30q.; 6290 Landscaping Supplies 25 25 25 25 25 25 25 25 25 25 25 25 300 6310, �� Roof�Re}7airs.' tl : =0 0 0` 0 0'�: � �0 0� . 0 " ' t7' � �� 0 0 b.'r 6315 Windows and Screens 50 50 50 50 50 50 50 50 50 50 50 50 600 6320 . � .HxteHor;�Paint " 1� � ��� 1,5 ' 15 1,5i 15 - 16;� � �15 15�� �� �, �15. � '15�... �t6 ^i5; :186; 6325 Exterior Electrical 25 26 25 25 25 25 25 25 25 25 25 25 300 6�30 '� Ekterior;�.iyht�Buibs � ' �2bR" �.�. ��`�OD ; �O�Q � 200; ��200.�" ' �200i � � i 20Q � 206��: '200. ' � �:>Zq0 2d0 � �� 2pi}; 2;qti0'; 6335 Exterior Repairs 50 50 50 50 50 50 50 50 50 50 50 50 600 63%�5 ��Access°�a#e Rep�ir.�. ' 5C!� ; � � 5� I 50 30, "� ` ' S0`;-,.> �6'; � �;:'g0� 50" .. , `�;.'S�7`; � �0-; " ' �50 " , 50'i �,6Q11�; 6350 Walks and Parking Lots 18 18 18 18 18 18 18 18 18 18 18 18 210 636Q ' '�� Tools and�quiprl%en� 20�"`-� `;� 26. � 20 , �0' `� �20 ; � �b;, , . 2Q � �20 „_ 2Q � 2t1� �' ; 20� =� 2p� , , `� �24b<: 6365 Fence Repair 15 15 15 15 15 15 15 15 15 15 15 15 180 TofalExteriorMaintenance 973 973 973 973 973 973 973 973 973 973 973 973 11,670 Total Repairs and Maintenance 1,97D 1,870 1,970 1,97Q 1,970 1,970 1,970 1,970 1,970 1,970 1,970 1,970 23,640 638q � �Make�t�ady=�frtt�i�or i2ep�irs, �, ',. 5,pC1Q ,' •�. ¢ <U � � 4� , i p� - � .76Q'� �"� �� ° fl '� , �` i5� , � '�1 -�„ , :.�(;500°�: t! 7;500; ,,1d;'750,- 6385 Make Ready-Int.Rep.-Reimbursement 0 0 0 0 (500) 0 0 0 0 (750) 0 (2,500) (3,75Q) �390 � -, NTake�Ready;Cai`pet,�leanlr�g'- " . � 9,500 " �;;.. .�,", "Cl; ' ��� D :. ,.;,:n q,,," < < 0 . ;.. ' � 59fi`,�,. �� �� ��:.. ,.,:.. 6; � ; t} ; �;` ' '[;500"�� Q�"��,.�.. ��'�.: � `-� �E9;5u0; 6395 Make Ready-Carpet Cieaning-Reimb. 0 0 0 0 (300) 0 0 0 0 (600) 0 (5,000) (5,900) 6400� �:�; tviake=Reaciy CarpetRep�aF�R�� � � "` .�,;.:�:'� ; , 0 � U �. .�,, �� ��.�;, �.,. 0�. ,i�. �. 4�: � ,,,, . � „ ;;.,� 0 ` .�0 �... .0 �t�= w."4 , .-.�`-,; <. . , ; p; 6405 General Clearnng 22,000 0 0 0 0 250 0 0 0 500 0 0 22,750 6�}1U � Make�.Ready G@�� C[ean,��Reirnb. � �- .. �', Q'..; .�..� Y".�}; � �. 0 ; � ,�. :�y�i.=� " " (500) . �: . �,. . �;.:. .;` �''��Q,��. .�� .�..:'.",0 ��, .�; �C� -;.:, (75aX: t."Q <-�:::�. (1b�0A0�- , � "('4�1;25t�� 6416 Make Ready-Interior Paint Repair 34,000 0 0 0 0 250 0 0 0 1,000 0 0 35,250 6�}2Ct 1 tutakel2@ady,liite�ior"P�E�t;�Reimbo� ��, 0"';k� .� ti p - .. , . ,,q ..,. � {500) . ,��, ���� .Q`��" �?. ; , �';.: <�;,, ..4 :�:��. �.;�`.�750}- U.� �.°,--`:j8,0ot7� ��� �(�a256} 6425 Appliance Repair 200 0 0 0 0 50 0 0 0 100 0 2,000 2,350 fid3�?''= ' �' L'RGk/K�ys' . _ ,` . r .,. ,.. , ' ,25D' ;: ' ' �(�., . I .{}., i; p, ,; 0 ' .,i` 5(Y", ,. `U:`�' '"�1"' ��U:�, �' �:.� 1Q4,=. t',."�CFS -' �'1;000.-,.. �;6pQ i 6435 Interior light Bulbs 250 0 0 0 0 50 0 0 0 � 100 0 750 1,150 6dA0. �- �: �1+intl�7vYCoyeririg Rep�ir��� �'_`.,, � � 250��`.>.: . ,�.,,:0 0,, �. , �: ; �,� �� �CY:�� ,.� � 5Q;,�� " � �t ;:,�, . . <<ii' b::.;,. ���" 'tAO�. ,,p, ;, ..: � il' $0�►:,; �, �� � 6445 Tenant Reimbursement 0 0 0 0 0 0 0 0 0 0 0 (1,500) (1,500) 6<t50,' . . Wnte-ofFatTen�nt<�eimbursement"-. .. ,_ p;"; . .. , 4` , .... : .D = ;;; 4 1 2Q0 `:;_ . 0= ,..:. 0 U^. ,. .� ;`. , " �,�00; , CI - 20004 ;' �2;700"' 6455 Make Ready-Miscelianeous Exp. 550 0 0 0 0 100 0 0 0 150 0 250 1,050 858�0 �: ":.. Li�hP�'i�tures,�.,.' �:, �:� � s � 50",� ;.��, .. {i : . . ,0' �-:: �;� �.=17`�' Cr`'.:;... „" ,.:25'. ' " 0 . 0.., �r ,�Y ", 5,Q:,� ' �:.{t�"; SiSO'; ;A25,, Total Turnover Expense 72,050 0 0 0 (600) 2,075 0 0 0 8,750 0 4,800 82,075 8&45" � LOCator;Fees. '� . ,.;,�17,8�0:.<:, ` 2Q9 . � '���2Q0;. ��... 200;� � �200...� �200;�, ', ,� -'�2op � 2U0..: ,200`:�.,�;:`. ,.2pQ � �2oQ , �'200� �20��;Q00;-: 6650 Locator Relations 0 0 0 0 0 0 0 0 0 0 0 0 0 6655 Resi,d,entRe{ations i;00 ' i,00 i00'.. 100': i ifftl` 100; 100<;. 'C44 ; `:10�-: 16ff, 700 ' �90` 1,2D0, 6656 Resident Functions 500 500 500 500 600 500 500 500 500 500 500 500 6,000 6�5&„ „��y C�riipuS��u�rrt's' ,; 50' �' � �,`50 ` 5p '..:, �� ��,.� p".'� � 50�5;�`' b '.: {� ,` � ,0`�, t7'-�'��� �2'� ;� .. 6 650; 6670 Newspapers 1,100 100 2,100 100 100 3,100 100 2,100 100 100 900 100 10,000 8�76,... < �dagazi�s '� �: ,.� ;,.., � 0 .; p ; ��1� � � �, � ;`3Q�; ...� .��, U �: ,�r:., .��00�, - `,;�:300 .. :�' � 3�1f1 �,; :'��:.�� � �:p. :. ; ;,�" p.�:,... ���2q�,� 6685 Brochure Advertising 0 4,000 0 0 0 0 0 0 0 0 0 0 4,000 669�5 " �� �Apartment�Guides,� : , �, �, tl �� �� 0. , �-: d,9bt� ;�.,.. , 4,.,,> �� ��000�..".' .�2b00 � 3,UQ0;., ,. , {� 0- - � .t3;°% � , ,,'"��2,q00U:; 500 500 500 500 500 500 500 500 500 500 500 500 6,OD0 8�`C1D; . Sign�g�lSigr�Plac�fnent . . �. p � � ; . �y,;.,� , �y .. ; ,, ' .� , �„ " �; . !. 4, .,. .< �p� `` ���;,;. '� , tY.;,. , tl:�- 6715 Internet Adve�tising 0 0 0 0 0 0 0 0 0 0 0 0 0 6720;. Mode),APartrrientEzpense < o ' t� Q YJ'; fl 250', b 0' p " �},.,: 0 ` 0'. ,, ;25Q; 6726 Flags/Banners/Mats 75 75 75 75 75 75 75 76 75 75 75 75 900 6730 Office;Refr,estiments 25 ; ":.�5 25 25' 25 25 25 25 25 25 ' 2,5' 25 3�0 6735 Other Advertising&Marketing 0 0 0 0 0 0 3,000 0 0 3,000 0 0 6,000 Totaf Advertising&Promotions 20,150 5,550 3,550 5,800 1,500 8,550 6,800 6,800 1,500 4,500 2,300 1,500 68,500 on Co �at Th. ark _ _ . _ Austin,TX 7H2/20G4 . 282 Units 768 Beds Se -04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 A r-05 Ma -05 Jun-05 Jul-05 Au -05 Totals 694� ° L.e alF,ees� �- 200,.�, ��.200> ��;20Q, ". 20t� � 2D0 20p�. '�.Zptl . 200: � � 200� 200-• �',�2Q0�� �-290�. �4DQ;. TotalLegalFees 200 200 200 200 200 200 200 200 200 200 200 200 2,400 6915 � �asic�Ptpgramadrriin'Fees'i ; 2,627 ;� "2,827 2,827. 2,827<� F�.6,27 `2,827�� 2,627 2,527t 2,627 �;627�` �,�27 2;827; �31;524,; 6925 Consulting Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 8J35� OtlierPpofessiorG�i'-Fees� 0 � �0 �. 1�,OOA D >. 0.,.� U�. 0> iS' 0�' �0: � ,t�. � 0� 93;000�; Totai Professional Fees 2,627 2,627 17,627 2,627 2,627 2,627 2,627 2,627 2,627 2,627 2,627 2,627 46,524 7265 Travel�a„`nQ EriterE�inrYiept 0 i ib 0: , U 0`- ' �. �p,. , q., i p�; � � � '� �p ? 0; � � (7 ` � Q j p=, 7210 Airfare 0 0 0 0 0 0 0 0 0 0 0 0 0 7215 � � Auto Renfail�es�: 0, ` 4� 0 , � q b �', �, �: �j � � �y .� � o, a , p�� p�; 7220 Lodging 0 0 0 0 0 0 0 0 0 0 0 0 0 _ _ . xzz�, ; nneais. � a ; o o ;; �, o ��� o ; �' � . ; o� � a,� � o o� � � ��a o', � � u� 7240 Parking,Tolls and Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Travel and Entertainment 0 0 0 0 0 0 0 0 0 0 0 0 0 ?420;' . '�.Pro ert'�"M inC�e���� � ', �-: . ���8.A78:..���� .'8,38'8 �,.: ��,?3;88�. , 8:38&'. ;8,3xiQ � �'�,,',.�8,38&, � �;388: �. ;.,`,:8,388,�`. � � �8;385: - .;, .,8;358;:"'" �<g,�58� . � �8,4D2���<� 10(C,T05.', Total Management Fee 8,478 8,388 8,388 8,388 8,390 8,388 8,388 8,388 8,388 8,358 8,358 8,402 100,705 75�a �� `P�opert�insurane�- " : �'�8;1�28'. ' �;128 � ¢,�2$:; � �8,128' .�� . ��,128;;,- ; G;128:'::' ¢;1x8' 8,4281. ` ..,� �,128� - 5,12&; " $;128; �6,128;�' � �3;536;� 7525 Property Taxes 0 0 0 0 0 0 0 0 0 0 0 0 0 , Total Insurance and Taxes 6,128 6,128 6,128 6,128 6,128 6,128 6,128 6,128 6,128 8,128 6,128 6,128 73,536 �7,776., '�. `; Membership Deies�;� �4p0",-� . � 1,0'0 '�100, " 10t3` , '� 10D"�:. 10a' � ��100 , iT70;;- 100 .. 100'; ±�1tfi?; ,��. � 40�? �i;20D: 7960 Employee Relations 0 200 0 200 0 200 0 200 0 0 200 0 1,000 Tota!Dues and Membership Fees 100 300 100 300 100 300 100 300 100 100 300 100 2,200 = TOt?1��0�@Pax�tic��FJC�L115@S � 176;TD�" �" �85;4�0� 'IQ0,858 , � 95,87H� 8A,936 .:, .;,, 89,978�, 88,225' � i $7.97� � .::8�149 �' � 90,2T5,�;... "%9�,0¢$ .,. � `94;074 'i,N6�,87G' Ple#t�pe1'afi11� CC#Co171e�. ������Q6;1�6�-. 954�411 . '::�i�8 886,. �'�' 783;965' "� i�8,855 "�"',. 189;8,66;, �.::�.:193 816- "„`:� 191,866 'IH0,732.,.;� :..4$5;566 �, 1$�,�95 ,�. .`�� 48B,Z2'1`�; �2182'��820` 9. ': ,��. . .._ .� . �_ � ,� :. �.,_.. �, , . r,. ..A�. �..� _ . _ .�. _ a�.�a ,_ , _. �, , 9t142��; �,.:-`QepPeciat�t�tUA+7?cst�iz�Upn'..4, U;�, .- 0 � �Ct.� . , -(T . D,,' -.; ' ..' �fl � ` �Q:�, ,� "0� ', <�:����;:�. �d�� � '��:Q :. p,r,.� . =1�,, 9052 Depr-Landlmprovements 0 0 0 0 0 0 0 0 0 0 0 0 0 9Q36 I DepE"�°Bylitf�ng5�andir�prov�jnetrts �.--.� �` :, :6 .:.:,,.'. . U, ` �� ; S� ' t� ; � i�r., � �j�. .">, -� .� : U .� . � D" ,` � <�} ' �; t1��� �,�',� . � �` 0 i i',O,i 9076 Depr-Unit Appliances 0 0 0 0 0 0 0 0 0 0 0 0 0 . 5�.i2,�>. " pepr�-FUrnit}��;arjd F�xttn;e�' �k1" ��l. . �.` 0?„ 0`�` (S�., � . , � � 8; „�tt � �,�4�' 0 _ D i � �4.` 9148 Amort.-Cap Oper.Deficits 0 0 / 0 0 0 0 0 0 0 0 0 0 0 7"otal Depreciation and Amorftization 0 0 0 0 0 0 0 0 0 0 0 0 0 94.i,t�, ;�, ";lrifer'e"st��i� e(�se 7�X$S1r, ' f3- �; � U- , ; 0 , '� :U'=, ' 0." , ;�-� " `.��:0: �. 0- - �.:b;�,� �D""� O r . + 0,,�., : :p �� p,: „ „ _. Total Interest Expense 0 0 0 0 0 p 0 0 0 0 0 0 0 ��1Q` , ;Ezter(tltQ2ink" , ,.,, �� . � � , ` p:,t .� � ,��" '. �",:<�, a ;` � �� ,.0:;;:. , �#�� 0`` , �,p� 0!. ,.(S.. 0': 0,� 9515 HVAC 250 250 250 250 � 250 250 250 250 �250 250 �250 � 250 3,000 b�2Q%„ , �` 1.8t1d3�gp� ,r' ,;. �i° . �4 �; � ';�ti��, 0��'' ,,, 0" . ���� ,; ?,;�'U, ' 0, p ,. 0? ,` 'U, , , U�„ 0: 9530 Signage 0 250 0 250� 0 � 250 0 250 0 260 0 250 1,500 5,555: `� :� C�rpet i 0. ; �Q � tt� ' Q; 4��;� i�:'� 0 - � � �. �"YJ 0�r � . . ".:0' 16,000!�. ' 15�Op0,� 9670 Countertops 0 0 0 0 0 0 0 0 0 0 0 1,250 1,250 ��79 �' � p '%-`� , 0, �i ; .� ' " � �r -, , ".,.tt .� �`:� .5R0;<'� � (}, - � ��t, C��. 540s , � . �: �'�,.'� �1.�50"; � ,2,250.' ;�4po�s : 9580 �ight Fixtures 0 0 0 0 0 250 0 0 0 250 0 750 1,250 9590= Blfnd�' �; � Q ' ' il � U � '. ik'�� ' 31 �. � C3�'�_ :. : .� ' 0�� �. Q . . D � �0:� �. �.':0 . �,000; ,3;OOp� 9600 Plumbing 0 0 0 � 0 0 0 0 � 0 0 � 0 0 1,000 1,OOQ 98Q9�� , �; I�e�reafio�s Fac�Htios. .- � {f��� �' b" 8,obo�.,,j� < p �U =`�:p` �U,.;:-��; Yl� ���; . `;- 0��� 0'� � :it: , `t7° ` :B;poO:'. r„ . .. 9610 Security System 2,500 0 0 0 0 0 2 0 0 0 0 0 2,502 9620 - '� �Uinyk 0 � �" � � U fl` . Q ; �'`0;� '„�- �, ��fl . Q�,' i "i7 0' � »`0" , , , i;OQp.� � �1�bUD,; 9630 Ceiling Fans 0 0 0 0 0 0 0 0 0 0 0 500 500 8635 � 1 �Appliances �(} :: b . . 0 t5' 0.. �,000; , � 0 0�i � . 0 " ���1,000� U 2,5Q��i , 4;5pp�' 9645 Reimbursements 0 0 0 0 0 0 0 0 0 0 0 0 0 96$0 " Re laceanerds,-.ptti�r�� � �250, ' 250 ;.25Q � �50�> " �250 � � 250� ���2s�0.'`,'.: 254:,':�<�� ` �;250 � 290���� �-25i3-.- 250.�- ��OQO' Tota!Replacements 3,000 750 6,500 750 500 2,500 502 750 500 2,500 500 27,000 45,752 .-,..>_-on Cc__ .,s at Tt .,_c�_ark _ _ .:r(uaifii;�TX i,iz20Q4 ....... . :... ......: ...... .. ... ....... .... : .. ... ...... ... ....... . . .� ....... ...... J .. . .. ........ . ... . .. ... .. 282 Units 768 Beds Sep-04 Oct-04 Nov-04 Dec-04 Jan-05 Feb-05 Mar-05 Apr-05 May-05 Jun-05 Jul-05 Aug-05 Totals 9827" �� Start-u�°"�Gosts � ���� �� 0 �_ 0 0,.` Q�. ".�. 0: 0; �...� 0 �.D` , > � .;.,,.0�- 0�' � 0 0�� 0> StaR-up Costs 0 0 0 0 0 0 0 0 0 0 0 0 0 �'$60 � Supptemental ManggerneYrt Fee fl �{ 0 �� 0�� " 0 �.0'- � ��0 � � U=^'; � �tt 4' ��� � D � i7` � � : `0.� 9865 Scholarships 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 7,500 0 0 75,000 9$90 �; Auil(ti6�es 0 �; A 6 � 0 0 � ��1'� � ,° 0 � U�; .;' fl 9:; " b � p'� , 0'� 9900 Tax Retum Prep Fees 0 0 0 0 0 0 0 0 0 0 0 0 0 9904 ' Asset Managemeitt,fiees (i 0 0 Q 0 0` (3 Q 0 Os 0 0. 0 9906 Misc Partnership Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 9�15 . Trusfee.and issuer`,�ees;� �417 ,� 417 ' 417 � 41� f#i.7, 41f ; ; a17 , ` #17 . �417, 417 ,� �;,�:�t�"7� �4i7.' :� , �;004` TotalOtherExpense 7,917 7,917 7,917 7,917 7,917 7,917 7,917 7,917 7,917 7,917 417 417 80,004 +:�.t5p8rakiric�'Res�rv� �� �8;725 � -;:4;2T2' `;5,043� �: :+1;784:"� �.�4,052 :".4,49�� 4,311 4,3991 t � ,d,�455, �" A;51d` ��;602;�`" ' A.7D4';� ;58y349'�� Totai 5uspense 8,725 4,272 5,043 4,794 4,052 4,499 4,311 4,399 4,455 4,514 4,602 4,704 58,349 "�otal,Non-�Spe'rating Exp�n5es. 19,642 ' 12;g39 19,46D 9�,461; 12�469 1d;9�1`8 ' 12;730.' 13,068; 12;87� " 14,934,' 5;5i8 ! ,32,921, �84;105• ,_ �� �:,.::MI��',Ihl.i".C111�1� "� ';,88,�94": : 189;4�r't :,"�"15�5'28,�"",:',"�I70�sUa::',` ..`�A�8;386, � r�-�.,17d"s'�s0' ;;-."-i$p�$65 , <� i7.8,$OtY:,�� . <�.;'177$60;;.,�r� 't73,B3�5'; ., ;4�i1,276;�.��,;,1�4.1'�I9;�'<..."�,098y�1�'" �$ aH � ���» "� �-- e_ h��n��r� ������� �� - S8o - '..6 ' ' _ ' '___' _ :.'4 _ _ � _ _ _ . . :���.�.� � _ _ _ ___�_ � _� G�� - o Q o ,.T o _ _ - ___��_ __ � . .'+.O � � _ � �______� _� 4T a�, _ _ _ _ BS------ - y� - {gx� _ - - - -- -- -- -- � �w�ro -��M ���� � � � ���.a _ a P - - ���� ��Y � � �: _ .;�_ - _ n�A�w�-- - _ "ia� - - -- � - - - - -- - 8S� - � - - - _ ----- _- I �� - �s� = gS� = � _ 88��800� - - - . �: �.. F '_ ' t= F F" � s� �.z�z . zzz z y}�rr>r> �� ..., - at �: .�; ��„ e� �z a z� ';�S -. .... 3� � �- .� . . . �x;�o�S �SQ� 3 '.� . �� -- ---- ... ���F 4 �L tFi. F F 1 G d��Y 4�.F+� 0. L � �. �a W.w ii�i�. � r o � 4' � c s fl7 g� :�'c X�' p w u c� C� � 3', S r " ��S � < 5m :� d4 yQ T .. 0 4- �� `� � �z �+ X. a z o C Iy �. _ � �..���= 3� G �����a a � � �F W � = ` �. � _ � Y�e �" ='-- � y _ - s� - z �� � �' _ � �� � ������� J c+ � �� �� ���<�<�$ o��c� .��� v � _- _w" e � r � � � � � � � _ '�V���� ���� - V J:J U U U�J ,� D,.�_.�:.f ri G1 LT"�YN.Y('.1},ta?3it m � � � t � -� 5_ _ _. THE BALLPARI4 Qp4• Totai Apts. Total Apt. Total Apt. Totai Apt. Sa.Fr Total Room Renewals s4.Fr sp.FT Totai Aq4. Vacan4 Renewai T�ansfer Turninq Turninq ias �BR a5o 35,100 �a �a 35,ioo Total Room Vacant 2 BR 760 18,240 24 � � � 24 78,240 � 108 3 eR sae n,osa Za �e ��.osa Total Room Tranfer 4 BR 1220 124,440 102 � � 102 124,440 � �����0 254,844 282 0 0 0 282 254,844 ' Paint MPS Nadeau Cowbov Diamond Paint SQ.FT AP7. SQ.FT APT. SQ.FT APT. SQ.FT APT. Avq.Price SQ.FT Apt.7urninq To4a1 Price 1 BR $ 0.13 $ 58'.50' $ 0.16 �$ � �82i50�� $ 0.16 $ �0.00 $ 0.15 .:$�. �� ��87:50: 1 BR $ 69.63 $ 0.15 78 $ 5,430.75 2 BR $ 0.13 �$ 98.80` $ 0.16 $'� 135:�0 $ 0.�4 �$� 105:00 $ 0.15 $...:�.114,00 2 BR $ 11320 $ 0.14 24 $ 2,716.60 36R $ 0.13 �$ �128rA4 $ 0.16 $ 165:00 $ 0.14 S 140:00.� $ 0.15 $ ������148:20: 38R $ 145.41 $ 0.15 78 $ 11,341.98 4 BR $ 0.13 $ 158:60� $ 0.16 $ 205.00��. $ 0.14 $ 175�.00� $ 0.15 $ �����183;00. 4 BR $ 180.40 $ 0.15 102 $ 18,400.80 ROOM S� �60.00�� $ 45.00�,. �. $ 0.15 282 $ 37,890.33 COM �$ ��SQ.00� � ��fi0.00' � Bedrooms not tuming $ 9,378.95 CEIUNG .� $ 10:00�� � �. $ 36.93 $ 26,511.38 COLOR CNANGE CARPET CLEANING Samson Ventura CARPET CLEANING SQ.FT APT. SQ.FT APT. SQ.FT APT. 54.FT APT. Avn.Price SQ.FY Ap4.Tuming ToWI Price 7 BR $ 0.06 �$ �25i00- $ 0.06 �:$�����. �25:00:� � � ' 1 BR $ 25.00 $ 0.06 78 $ 1,950.00 2 BR $ 0.03 $ 25:00�� $ 0.05 $� 3590���. 2 BR $ 30.00 $ 0.04 24 $ 720.00 3 BR $ 0.03 $ 25�00�. $ 0.05 $ 45:p0` � � � 3 BR $ 35.00 $ 0.04 78 $ 2,730.00 4 BR $ 0.02 � 25[00��� $ 0.05 $ 55.00�.�� � 4 BR � 40.00 $ 0.03 102 $ 4,080.00 FURNITURE FURNITURE $ - $ 0.04 � 282 $ 9,480.00 CLEANING EZ Clean Cowbov D_Y Diamond SQ.FT APT. SQ.FT APT. SQ.FT APT. SQ.FT APT. CLEANING 1 BR $ 0.13 �$ 60:00�� $ 0.13 $� .60:00.. $ 0.11 $'� -5Q:00- $ 0.16 $ '��.70�.00'� Avp.Price SQ.P7 Apt.Turninp Total Price 26R $ 0.10 �5 75�00'�; $ 0.12 $ 9000 $ 0.08 $ 60:00.�� $ 0.11 $ ;�.�85:00���. t BR S 60.00 $ 0.13 78 $ 4,680,00 3 BR $ 0.10 $ 95.00�� $ 0.12 S 12000. $ 0.07 5 70:00�. $ 0.11 $ �.110.00' 2 BR 5 77.50 $ 0.10 24 $ 1,860.00 4 BR $ 0.09 ��$ 175:00� $ 0.12 5. 150.OQ� $ 0.07 5 . '80.OD $ 0.11 $ ��."130:00�� 3 8R $ 98.75 $ 0.10 78 $ 7,702.50 . 4 BR 5 118.75 $ 0.10 102 $ 12.112.50 CARPET Trans ATL. $ 0.11 282 $ 26,355.00 SQ.FT APT. Bedrooms not turning $ 4,974.17 1 BR $ - .. . $ 19.58 $ 21,380.83 2 BR $ - 3 BR $ - �� CARPET q gR g _ � Ava.Price SQ.FT Anc•Reglaci�ng Total Price t BR $ - � $ - LOCKS 2 BR $ - 0' $ - Comnanv 1 3 BR $ - ����0'� $ - Locks 4 BR $ 0' $ Keys - $ . . .. #DIV/0! 0 $ - PER APT.PRICES P,aint Carpet Clean Cisan Tohdl LOCKS i S4:`�'f' :;'Av ..l�r ce•.. SG1=:�T. .7�v.PY ce '-,�54..F7� :. AV :Prlce� SCI:F'f` ,Av :�:PYice � Av .Price A t.Turnin Locks Total Price �BR '�. $"0.16 "-S , 8?3�6�• � :0.08 $ '�. `25,00 ,� 0,13:� � 84.4Q $ ' p;3d 5�=,`1b4;6�': $ - 282 658 $ - �BR , $ Q.14 :� 113;=2(#,r5,� '��.04 5.'; �tl 00 .$ � �R 10"$ 77,.�0 $� ���t:2� &' "220:70, 3�BR i $ 0.15 'S 145�41, `$ �b,04 3 �� 35;00 :$ Ct:�tl:.$ 9876 $ 0,28 $ 279�18`. 4F3R� t $ Q.15-�..$ i80id0;'$ '�,b.f73 S ; ¢D.00 -$ 070:� 918.75� .$ �,� D�'d'8 $ `358.15; qv >�Pricros, �� $ 0,'15-:�$ 703;4'1�- $ ":"O.OA'.$ t 30-00 �$'� 6.tl1 "':.$�, '78:75.;S, 0:-30'. 5 218.�6; �HE�ALLPARK Apt• Total Apts. Total Apt. Total Apt. To4ai Apt. SQ.FT Ta4ai Room Renewais Sq.FT Scl.Pr Total Ant. Vacan4 Renewal Transfer Turninq Turnin �as t BR 450 35,100 � 78 - � 78 35,100 Totai Room Vacant 2 6R 760 18,240 24 24 18,240 � 108 3 BR sea ��,psa �a � �e ��,osa Totai Room Tranfier 4 BR 1220 124,440 � 102 102 124,440 � � � � �0 254,844 282 0 0 0 282 254,844 Paint MPS Nadeau Cowbov Diamond Paint SQ.FT APT. SQ.FT APT. SQ.FT APT. SQ.FT APT. � Ava.Price SQ.FT A t.Turnin ToWi Price 1 BR $ 0.13 $ � . 58:50 $ 0.76 $ . �.82:50� $ 0.16 $ 70:00� $ 0.15 $ � 67:50 1 BR $ 69.63 $ 0.15 78 $ 5,430.75 2 BR $ 0.13 $ � 98�,$0 $ 0.16 $ .13500. $ 0.14 $� 105:00 $ 0.15 $. �t 14.00 2 BR 5 11320 $ 0.14 24 S 2,716.80 3 8R $ 0.13 �$ � 128�.44 $ 0.16 $ 165.00 $ 0.14 $ 14Q:OD. $ 0.75 �$� ��� tA8:20� 3 6R $ 145.41 $ 0.15 78 $ 11,341.98 4 BR $ 0.13 $ � 158:60 $ 0.16 $ �'�205:00 $ 0.14 $ 175.00 $ O,tS �$ .� �183:00 4 BR $ 780.40 $ O.tS 102 $ 18,400.80 ROOM �$ .�60,00� �$ � '45.00 . � � � � $ 0.15 282 $ 37,890.33 CDM ��.$�: �'80:00 $ � �:60.00" � . Bedrooms not tuming $ 9,378.95 CEILWG -� � � $ '��10:00.� �. � � $ 36.93 $ 28,511.38 COLOR CHANGE CARaET CIEANING Samso� Ventura CARPET CI.EANING SQ,FT APT. SQ.PT APT. SQ.FT APT. SQ.FT APT. Avn.Price SQ.FT A t.Tumin. ToWI Price 1 BR $ 0.06 �$ ��� :'25�.00� $ 0.06 $�� ��25:00.- - ' . � 1 BR $ 25.00 $ 0.06 78 $ 1,950.00 2 BR $ 0.03 �$ �25:00 $ 0.05 $ 35.00��� � � � .. 2 BR $ 30_00 $ 0.04 24 $ 720.00 3 BR $ 0.03 $ ��25�.Q0 $ 0.05 $ 45,00` �� 3 BR $ 35.00 $ 0.04 79 $ 2,730.00 4 BR $ 0.02 $ .�25.00. $ 0.05 $���� 55.00��� � � � 4 BR $ 40.00 $ 0.03 102 $ 4,080.00 FURNITURE �� � � �� �. � FURNITURE -�' $ - $ 0.04 282 $ 9,480.00 CLEANING EZ Clean Cowbov D-Y Diamond SQ.FT APT. SQ.FT APT. SQ.PT APT. SQ.FT APT. CLEANING 1 BR $ 0.13 �$�� �� 60.00� $ 0.13 $ 60:00:$ 0.1 t $� .50.00� �u Q.16 $�� �����70.00�- Avq.Price SQ.FT ApY.Turnina Total Price 2 BR $ 0.10 $ 75:00 $ 0.12 $� 90.00 $ 0.08 r$ ���60,00.. $ 0.71 $ � 05.00 1 BR $ 60.00 $ 0.13 76 $ 4,68D.00 3 BR $ 0.10 $ "�95.00� $ 0.12 $� 120.00 $ 0.07 �$ � 70:00 $ 0 i t $� �� �t10�.00��. 2 BR $ 77.50 $ 0.10 24 $ 1,860.00 4 BR $ 0.09 $ � 11:5.00 $ 0.12 $ ��150.OQ� $ 0.07 �$ �80.00 $ 0.11 �$�� ���-130.00 3 BR $ 98J5 $ Q.10 78 $ 7,702.50 4 BR $ 118J5 $ 0.10 102 $ 12,112.50 CARPET Trans ATL. S 0.11 282 $ 26,355.00 SQ.FT APT. � Bedrooms not Wming $ 4,974.t7 18R $ - - � $ 19.58 $ 21,380.83 2 8R $ - 3 BR $ - � � CARPET 4 BR $ - � Avq.Price SQ.FT Apt.Repiacina ToWI Price iBR $ . p g _ LOCKS 2 BR $ - � . �.���0 $ - Companv 1 3 BR $ - 0 $ - Locks �� � 4 BR S ��6� $ - Keys $ • �. #DIV/0! 0 $ - PERAPT PWGES r Palnt r CarpeGCiean Clean Total ' LOCKS SQ.FT i Av .f+tjca� , SQ.F.T., ,Av . rl ���. SGi.FT�':�: V�.P.r ca� SQ..F,T v��"PHCU�r Avg.Price � Apt.Tumina Locks Totai Price i 8R $.0.�15`$ B�;S3' $ 0.06 $'I 26.00 ;$ 0;73,` $ 80,;T?0 5 �0.34 S i i54�&3�� $� - 282 � 658 $� - _ 26R $�0.14�$ 1��2q�,-$ � 0.04 $'� 86:W� $ 0,10' $ 77:50 �S �.29 '� '220.74�. 3 BR . �-' $ 0.15;:$ 1A5.41 $ .% U.04 ..$..�, 35.00 '$ Q;10,` $. ,98:75� $ � Q:28 $ :�279:16�: 4 BR � ' .$ 0.''16;-:$ 18�.40 "$ '��.-0.03 $-;:� 40.Q0 :$. 0.10�� $ 11$.;75 j k1i28. S :899.15��. Av .Prices . $ 0.15. $ 109.41 ,$ 0.04 $ 30.00 <$- O.t1' $` 78:75 S 0.30 S -'.218.16