Prairie View Park Profit and Loss One Month
Onsite Management Team - $560
Average water bill (metered) -$2237
Property Taxes - $378
Trash Service -$344
Insurance-$136
Legal -$86
Electric-$189
Snow removal $120
(Total expenses $4050)

Gross lot Rents Monthly: $15,170
Additional income of approximately
Late fees:450($50/ mo each)
Water surplus charges ($510/month)
Trash surplus charges ($70 month)
Gross income $16,200

May Net income $12,150

This property is on city PVC sewer and pex water. It has been a turnaround property that has recently had water meters installed. Water, sewer, and trash is included in rent with a maximum of 5000 gallons per month. Any resident that uses more than 5000 gallons has an additional charge. The adjacent lot will be sold with the property and is available for expansion.
Multiple long term tenants.
The park includes a 30 x 50 metal shed in lot two that is rented. Two new riding lawn mowers, a nipco 250k heater, a new 550cc chainsaw, two trimmers and power tools are also included. There is a recently updated mail center near the front of the park. A large entrance sign with transferable phone number can be seen from the street. This park contains 5 double wides and all single wide lots can accommodate any size mobile home. Three brand new trailers were brought in in 2018 which filled the last three lots in this section. (additional land comes with this sale that could be used for more trailers.) Any park owned trailers will be included with the sale at no additional charge. Additional rents from park owned trailers that have been sold on contract have not been included in these numbers.