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Operating Expenses - Lofty Holding 621 E Le Claire Road LLC.pdf

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621 E Le Claire Road, Eldridge, IA 52748 Operating Expenses In addition to rent, Tenant’s pay Pro Rata Share of the Operating Costs each year and prorated on a daily basis for any partial Lease Year. Tenant’s Pro Rata Share of Operating Costs shall be estimated by Landlord on the Rent Commencement Date and annually thereafter. Building Operating Costs & Common Area Maintenance expense (CAM) - Property Taxes $23,454 - Insurance $6,200 - Lawn & Snow $6,000 - Trash Removal $3,600 - Total Annually $

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621 E Le Claire Road, Eldridge, IA 52748
Operating Expenses

In addition to rent, Tenant’s pay Pro Rata Share of the Operating Costs each year and prorated on
a daily basis for any partial Lease Year. Tenant’s Pro Rata Share of Operating Costs shall be
estimated by Landlord on the Rent Commencement Date and annually thereafter.
Building Operating Costs & Common Area Maintenance expense (CAM)
- Property Taxes $23,454
- Insurance $6,200
- Lawn & Snow $6,000
- Trash Removal $3,600
- Total Annually $39,254

Total Collected From Tenants
- McDonald’s $23,000/yr
- Dominos $6,728.76/yr
- US Cellular $6,422.88/yr
- Real Estate Office $6,422.88/yr
- Total Annually Collected $42,574.52
Surplus of $3,320.52 annually will go into maintenance reserve