A chance to own that "up north" experience
As a Pure Investment
Common among commercial property owners is the anticipation that they will receive cash flows from the property in the form of income from rental operations and price appreciation. The current value of a property is therefore a function of the income stream it produces.
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Annual Income Stream
Retail Space Income:
2200 square feet of retail space at $18.00/square foot..… $ 39,600.
Current apartments rental income: 
Two 2BR apartments and 1 efficiency apartment………… $ 14,700.
Total Annual Income………………………………………… $ 54,300.
Operation and Maintenance Annual Expenses
Annual Village Taxes …………………………………………………. $ 2,862.
Township Taxes ………………………………………………………….$ 5,251.
Total Taxes ……………………………………………………………… $ 8,113.
Maintenance…………………………………………………………… $ 1,100.
Insurance………………………………………………………………… $ 1,800.
Total Operation and Maintenance Expenses ……………….......... $ 11,013.
Current Net Operating Income (NOI )………………….. $43,287.
