EL PALOMAR 19 UNITS + HOUSE
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- Loreen Barrett
- 5 years ago
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1 EL PALOMAR 19 UNITS + HOUSE 204 & 206 N. SUNSHINE BLVD., ELOY, AZ EL PALOMAR NOW HAS: 1. Brand new electrical with an 800 amp underground main feed and 4 sub-panels (This alone is a major additional value aspect as it was grossly under-powered with a 200 amp feed and multiple units on one breaker.) 2. Brand new roof 3. Brand new plumbing for the showers, sinks and toilets 4. Brand new electric water heaters 5. Brand new manager's unit with all new plumbing 6. Brand new Termite Treatment with warranty (Truly Nolen) 7. Solid tenants, no longer known as a seedy establishment or a drug infested complex (in fact, the police have not been called out in months!) 8. Electrical for an unfinished laundry unit (value add if it were to be resold and once finished, another revenue stream) formation regarding all the restoration work we did in 2015: Below is the spreadsheet for the different type of rehab work that shows the cost for all of the work that was completed.
2 Plumbing Home Depot - Studor Vents (10) & Breakers $ /14/15 Home Depot - 2 Toilets, 2 Shower Faucets, 2 Studor Vents $ /30/15 Home Depot - 7 toilets & 8 shower faucets $1, /2/15 Home Depot- Bathroom Sinks in Units (2) $ /9/15 Carrera's Plumbing - Eva's Unit $3, /15/15 Home Depot - Laundry Faucet $ /2/15 Miller's Hardware - Cap $4.28 3/14/15 Home Depot - Laundry Tub $ /2/15 Home Depot - Studor Vents (6) $ /30/15 Lowe/s - Pedastool Sink for Communals $ /30/15 PT Plumbing $ /7/15 Carrera's Plumbing - Labor Check #100 $2, /30/15 Carrera's Plumbing - Labor Check #101 $2, /15/15 Carrera's Pluming - Check #122 $ /17/15 Carrera's Plumbing - Labor Check #103 $6, /22/15 PT Plumbing - Scope $ /18/15 Lowe's - Electric Water Heaters $1, /2/15 Home Depot - Water Heater Supplies $ /17/15 Home Depot - Water Heater Supplies $ /17/15 Carrera's Plumbing - Check #122 $750 6/8/15 Carrera's Plumbing - Check #128 $360 8/14/15 TOTAL $19,
3 Manager's Unit Carlos - Labor Check #104 $2, /24/15 Carlos - Materials Check # 106 $ /30/15 Carlos - Labor Check #109 $2, /1/15 Lowe's - Fire Extinguishers $ /22/15 Home Depot - Kilz, Wood, Cement All $ /20/15 Home Depot - Dry Wall Texture, Joint Tape, Door Knobs $ /22/15 Home Depot - Tub/Shower Combo $ /22/15 Home Depot - Tub/Shower Combo $ /23/15 Home Depot - Tub/Shower Combo Return ($411.97) 4/23/15 Home Depot - Drywall $ /23/15 Home Depot - Joint Compound $ /23/15 Home Depot - Drywall, Cement All, Screws, Nails $ /23/15 Home Depot - Exterior Doors, Drywall, Locks, Lumber $ /23/15 Home Depot - Door Knobs, Interior Doors $ /23/15 Home Depot - Return ($14.10) 4/23/15 Home Depot - Return ($83.78) 4/27/15 Home Depot - Refund ($19) 4/23/15 Home Depot - Block, Sand Mix $ /18/15 Home Depot - Dry Wall Screws $ /19/15 Home Depot - Drywall & Anchors $ /22/15 Home Depot - Brackets $ /27/15 Home Depot - Mortar Fix, Sand Mix $ /29/15 Home Depot - Latex Caulk $ /30/15 Home Depot - Killz, Faucets $ /5/15 Home Depot - Mortar Fix, Latex Caulk $ /7/15 Home Depot - Molding $ /13/15 Home Depot - Bathroom Door Knob $ /17/15 Home Depot - Foam Sealant, Mortar Repair $ /19/15 Home Depot - Saw Blades $ /20/15 Home Depot - Caulking $ /21/15 Home Depot - Killz, Diamond Blade, Mortar Fix $ /21/15 Carlos - Labor Payment Check #127 $1,500 8/10/15 Carlos - Final Labor Payment $1,690 8/31/15 Target - Sealent/Cocking for Eva's Tub $ /25/15 Home Depot - Door knobs, 4 prong appliance, Eva's signs $ /14/15 Ace Hardware - Eva's Toilet $ /26/15 TOTAL $12,
4 Electrical Victor - Labor Check #102 $3, /24/15 Victor - Materials Check #107 $ /1/15 Victor - Labor Check #112 $5, /11/15 Victor - City Permit & Materials Check #114 $ /21/15 Victor - Labor Check # 120 Roofing Permit & Materials $ /9/15 Victor - Labor Check #121 $2, /9/15 Victor - Final Labor & Materials Payment Cashier's Check $3, /1/15 City Electric Supply $ /11/15 Victor - City Permit $ /12/15 City Electric Supply $3, /23/15 City Electric Supply (Return) ($570.52) 4/27/15 City Electric Supply $ /27/15 City Electric Supply $1, /4/15 Crescent Electric $ /11/15 City Electric $ /11/15 City Electric $1, /7/15 City Electric Supply $ /13/15 City Electric Supply $1, /13/15 City Electric Supply $1, /22/15 City Electric Supply $ /26/15 City Electric Supply $ /29/15 City Electric Supply $ /2/15 City Electric Supply $ /2/15 City Electric Supply $ /3/15 City Electric Supply $ /9/15 City Electric Supply $ /10/15 City Electric Supply $ /15/15 City Electric Supply $ /18/15 City Electric Supply $ /25/15 City Electric Supply $3, /2/15 City Electric Supply $ /8/15 City Electric Supply ($459.63) 7/30/15 City Electric Supply $ /24/15 City Electric Supply $3, /27/15 City Electric Supply $ /31/15 City Electric Supply $ /31/15 City Electric Supply ($68.62) 8/31/15 City Electric Supply ($304.93) 8/1/15 Lowe's - 3 Air Conditioning Units $ /9/15 Sam's Club - Electric Burner (18) $ /26/15 4
5 Miller's Hardware - Breaker $ /27/15 Home Depot - Ceiling Fan $ /21/15 Lowe's - Oustide Lights, Ceiling Fan $ /29/15 Home Depot - Corridoor Ceiling Fans $ /29/15 Home Depot - Exhaust Fans $ /19/15 Home Depot - Trench Mount $ /21/15 Home Depot - Saw Blade, Caulking $ /21/15 Home Depot - Trench Rental $300 8/21/15 Home Depot - Trench Rental $ /22/15 Home Depot - Fire Alarms, Drain Cleaner $ /3/15 Home Depot - Fire Alarms $ /9/15 TOTAL $38, Roofing 5 Carlos Labor - Check #119 $2,500 6/5/15 RWC Building Products $7, /13/15 RWC Building Products $3, /13/15 Carlos - Labor Check #113 $5,000 5/11/15 Alliance Lumber $ /22/15 Alliance Lumber $4, /7/15 Lowe's - Black Tarp $ /4/15 Carlos - Roof Tarps Check # 110 $ /7/15 City of Eloy - Dumpster $ /29/15 Alliance Lumber $2, /1/15 Lowe's - Black Tarp $ /2/15 City of Eloy - Dumpster $ /7/15 Lowe's - Black Tarp $ /7/15 Home Depot (In store, nails, concrete mix) $ /9/15 Lowe's - Black Tarp (Phone Order) $ /13/15 Lowe's - Black Tarp $ /13/15 Home Depot - Framing Nails $ /17/15 Home Depot - Nails, Wind Turbine, Asphalt Glass Fabric $ /22/15 Home Depot - Drill Bits & Screws $ /30/15 Home Depot - Drill Bits, Nails & Screws $ /1/15 Home Depot $ /2/15 Home Depot - Post Base, Grinding Wheel $ /4/15 Home Depot - Lumber $ /7/15 Home Depot - Coiled Strap $ /8/15 Home Depot - Coiled Strap $ /8/15 Home Depot - Roof Exhaust Vents $ /15/15
6 6 Home Depot - Roof Sealant, Roller, Sand Mix $ /29/15 Home Depot - Lumber $ /1/15 Home Depot - Lumber $ /2/15 Carlos Labor - Check #125 $2, /6/15 Carlos - Final Labor Check #113 $5, /11/15 TOTAL $35,346.94
7 2017 Year To Date Actuals Jan-17 $4,668 Feb-17 $4,810 Mar-17 $5,629 Apr-17 $8,478 May-17 $5,020 Jun-17 $4,878 Jul-17 $5,610 Aug-17 $4,797 Sep-17 $3,935 Oct-17 $3,320 Nov-17 Dec-17 YTD Gross Income $51, NET INCOME = $25, $ ($ per month) Prop Taxes $2, Insurance Payments YTD $12, APS YTD $7, Water/Trash YTD $1, Pest Control YTD $1, Cleaning Fee YTD
8 2016 Year To Date Actuals Jan-16 $4,907 Feb-16 $4,958 Mar-16 $5,115 Apr-16 $7,205 May-16 $6,450 Jun-16 $6,364 Jul-16 $7,325 Aug-16 $5,391 Sep-16 $4,998 Oct-16 $6,379 Nov-16 $5,450 Dec-16 $7, Gross Income $71, Net Income = $45,609 $2, Prop Taxes $2152 Insurance Payments YTD $13442 APS YTD $7743 Water/Trash YTD $1100 Pest Control YTD $2635 Cleaning Fee YTD
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