NET OPERATION INCOME PROJECTIONS( N O I)   
      Occupancy rate60.00%    
       Rate per night $      99.00     
      Nights booked219.00  Assumptions
      Rental Income $21,681.00  3 bed condo 
      Other income$2,400     
      Rental Income adjustment $           -     Located in Prime Areas 
    TOTAL INCOME   $        24,081.00       
   OPERATING EXPENSES Normal market conditions 
      Advertising $           -       
      Supplies $     100.00  Property is in top condition 
      Owners contribution $           -       
    refunds $           -    60% occupancy 
      Legal & Professional fees $           -       
      Late Fees $           -    Cleaning Fees$55.00
      Licenses fees $     270.00  management fees$115.00
   TOTAL OPERATING EXPENSE  $            370.00 Pool Service(homes only)    
   FURNITURE FIXTURE & EQPT. Yard services (homes only) 
      furnishings $     200.00    
      linens $      50.00    
      Kitchen/bath $      60.00     
   TOTAL F.F & E  $            310.00
Due to very fluctuating market conditions we have lowerd our asumption in occupancy rate.
It is our intention to be able to achieve 65  to 70 % in the near future and as we work towards that goal, the profitabilities & the contribution margins would increase for the buyers.
 
  
 ADMINISTRATIVE & MANAGEMENT  
        Wages Cleaning $  1,720.71   
      Total Payroll  $1,720.71   
      Office:  
      Management fees $  1,380.00   
        Booking commission $  7,224.30   
      Total Office  $8,604.30   
    TOTAL ADMIN & MANAGEMENT  $        10,325.01    
 REPAIRS AND MAINTENANCE  
    pest control $     180.00   
     Landscaping $     125.00   
     POOL SERVICE $           -     
      Home Rpair $     250.00   
      carpet shampoo $     160.00   
    TOTAL REPAIR & MAINT.  $            715.00  
      TAXES PAID:  
        Sales Tax $           -     
        Tourist tax $           -     
      TOTAL TAXES PAID  $                   -    
   UTILITIES  
        Power $  1,800.00   
       Water $     180.00   
        telephones $     360.00   
       cable $     480.00   
      Total Utilities  $         2,820.00  
      Uncategorized Expenses $           -     
    
    TOTAL EXPENSES   $        14,540.01  
    
NET INCOME BEFORE FIXED EXP.   $         9,540.99  
FIXED EXPENSES    
     Int Exp $           -      
     Property Insurance $           -      
     Prop Tax $           -      
     Tangible tax $           -      
     shortages $           -      
     Home Owners dues $           -      
   TOTAL FIXED EXP.   $                   -                                                            
    
  TOTAL INCOME/LOSS   $         9,540.99                                                          
             BEFORE DEBT                                                          
    
    CASH AVAILABLE FOR DEBT SERVICE  
      Lease payments $           -      
      Mortgage Paid: $           -    $          -     
  TOTAL CASH AVAILABLE   $ 9,540.99