FEE SIMPLE Real Estate Approximately +/- 2.87 acre Mobile Home Park

UNDER CURENT ROLL

RENT ROLL CURRENTLY $2,800.00 (7 tenants @$400.00)

Annual Rents: $2,800.00 X 12 = $33,600.00

Monthly Option: $33,600 (12 x $1,675.00 = $20.100.00) = $13,500.00

(Liability Ins.) $13,500.00 - $2,400.00 = $11,100.00

(Annual Prop. Taxes) $11,100 - $700.00 = $10,400.00

ANNUAL NET: $10, 400.00 - $325.00.00 = $10, 075

With same tenancy, Option contract cash recaptured in 2 years.

3 additional option years produce $30, 225.00 PROFIT

Park is deeded as 20 mobile home lots with all the bells and whistles to become a 20 - 28 unit park over time. Currently 11 park owned units with 2 ready to occupy lots, totaling 13 units. Park needs very little to maximize rent roll, profits will more than double upon completion.