Each office is independently owned and operated.

Sponsored By:

Each office independently owned and operated

Hollywood Industrial Property5770 Funston St | Hollywood, FL 33023

JOHN DEMARCO, ACP954-678-8733JohnDeMarco@Remax.net

Amazing investment opportunity ➢

34 tenants, with 33,580 leasable square footage➢

9.54% Actual Capitalization rate➢

Automotive uses allowed➢

RE/MAX 5 STAR REALTY4151 Hollywood BlvdHollywood, FL 33020(954) 361-0000www.DeMarcoGroup.com

INVESTMENT DETAILS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Analysis

Analysis Date October 2017

Property

Property Hollywood Industrial Property

Property Address 5770 Funston StHollywood, FL 33023

Year Built 1960

Financial Information

Down Payment $975,000

Closing Costs $20,000

Purchase Information

Property Type Industrial

Purchase Price $3,900,000

Tenants 34

Total Rentable Sq. Ft. 33,580

Loans

Type Debt Term Amortization Rate Payment LO Costs

Fixed $2,925,000 15 years 15 years 4.0% $21,636 $29,250

Income & Expenses

Gross Operating Income $440,426

Monthly GOI $36,702

Total Annual Expenses ($68,448)

Monthly Expenses ($5,704)

Contact Information

John DeMarco, ACP

954-678-8733

JohnDeMarco@Remax.net

P. 2

EXECUTIVE SUMMARY5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Acquisition Costs

Purchase Price, Points and Closing Costs $3,949,250

Investment - Cash $1,024,250

First Loan $2,925,000

Investment Information

Purchase Price $3,900,000

Price per Tenant $114,706

Price per Sq. Ft. $116.14

Income, Expenses & Cash Flow

Gross Scheduled Income $440,426

Total Vacancy and Credits $0

Operating Expenses ($68,448)

Net Operating Income $371,979

Debt Service ($259,630)

Cash Flow Before Taxes $112,348

Financial Indicators

Cash on Cash Return Before Taxes 10.97%

Debt Coverage Ratio 1.43

Capitalization Rate 9.54%

Gross Income / Square Feet $13.12

Gross Expenses / Square Feet ($2.04)

Operating Expense Ratio 15.54%

P. 3

PROPERTY DESCRIPTION5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Hollywood Industrial Portfolio          John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of this Hollywood Industrail Portfolio.Consisting of 4 concurrent parcels totaling 33,580 leasable square feet, with 34 tenants, on a lot size exceeding 1 acre. All automtive uses allowed by city makes this an ideal investment choice. Property currently is 96% occupied with 1vacancy, and it maintains a historic occupancy rate of 100%.

             This property is currently grossing $440,426 per year, netting $371,979. This Noi provides an investor with avery strong and stable capitalization rate of 9.54%. Full management services and systems will stay in place making itan easy property to take over.

       Enclosed in this package are recent comparable sales well exceeding the price per foot of this property. Property isin excellent overall condition with no major deferred maintenance coming up.       

       Please remember to not disturb existing tenants, for additional information and for all showings please call JohnDeMarco.

P. 4

MAPS AND AERIALS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

P. 5

DETAILED GENERAL EXPENSES5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Description Year 1 Year 2 Year 3 Year 4 Year 5

Total Expenses ($68,448) ($68,448) ($68,448) ($68,448) ($68,448)

Building Insurance ($14,959) ($14,959) ($14,959) ($14,959) ($14,959)

Taxes - Real Estate ($38,028) ($38,028) ($38,028) ($38,028) ($38,028)

Trash Removal ($3,763) ($3,763) ($3,763) ($3,763) ($3,763)

Utility - Electricity ($1,065) ($1,065) ($1,065) ($1,065) ($1,065)

Utility - Water ($10,632) ($10,632) ($10,632) ($10,632) ($10,632)

P. 6

LEASE RENT ROLL5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Suite Tenant Start Date Expire Date RSF $/RSF AnnualizedRent

TenantImprovement Commissions Renewal

TermRenewalIncrease Notes

5771 Work Shop 03/01/2014 02/28/2017 1,340 $12.09 $16,200 $0.00 $0.00 1 year $0.00

5773 Auto Mechanic 03/31/2015 03/31/2017 1,340 $12.09 $16,200 $0.00 $0.00 1 year $0.00

5775 Work Shop 02/28/2017 1,340 $14.78 $19,800 $0.00 $0.00 1 year $0.00

5777 Auto Mechanic 01/16/2017 01/15/2018 1,340 $12.99 $17,400 $0.00 $0.00 1 year $0.00

5779 Work Shop 01/01/2006 02/28/2017 1,340 $14.78 $19,800 $0.00 $0.00 1 year $0.00

5770 Auto Mechanic 11/01/2014 02/28/2018 1,135 $11.89 $13,500 $0.00 $0.00 1 year $0.00

5772 Auto Mechanic 03/18/2015 03/31/2018 1,135 $11.89 $13,500 $0.00 $0.00 1 year $0.00

5774 Auto Dealer 10/01/2014 09/30/2018 1,135 $11.89 $13,500 $0.00 $0.00 1 year $0.00

5790 -1&7

Storage / Office 11/01/2008 02/28/2018 1,150 $11.74 $13,500 $0.00 $0.00 1 year $0.00

5790 -2

Auto Mechanic 03/24/2016 03/31/2017 650 $13.85 $9,000 $0.00 $0.00 1 year $0.00

5790 -3

Tire Shop 11/01/2016 10/30/2017 650 $13.85 $9,000 $0.00 $0.00 1 year $0.00

5790 -4

Locksmith 08/01/2008 09/30/2018 650 $13.85 $9,000 $0.00 $0.00 1 year $0.00

5790 -5

Storage 01/31/2018 900 $12.67 $11,400 $0.00 $0.00 1 year $0.00

5790 -6

Auto Mechanic 11/18/2016 11/17/2017 900 $13.00 $11,700 $0.00 $0.00 1 year $0.00

5790 -8

Car Storage 05/12/2016 05/30/2018 550 $15.27 $8,400 $0.00 $0.00 1 year $0.00

5790 -9

Auto Mechanic 11/01/2016 10/31/2017 550 $14.73 $8,100 $0.00 $0.00 1 year $0.00

5790 -10

Auto Mechanic 06/01/2014 08/10/2018 550 $15.27 $8,400 $0.00 $0.00 1 year $0.00

5790 -11

Auto Mechanic 04/01/2012 02/28/2017 750 $12.40 $9,300 $0.00 $0.00 1 year $0.00

5790 -12

Storage / Office 04/01/2012 02/28/2017 750 $12.40 $9,300 $0.00 $0.00 1 year $0.00

5791 -1&2

Auto Mechanic 05/01/2015 03/31/2018 1,700 $12.71 $21,600 $0.00 $0.00 1 year $0.00

P. 7

LEASE RENT ROLL5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Suite Tenant Start Date Expire Date RSF $/RSF AnnualizedRent

TenantImprovement Commissions Renewal

TermRenewalIncrease Notes

5791 -3

Auto Mechanic 12/06/2016 12/05/2017 650 $14.31 $9,300 $0.00 $0.00 1 year $0.00

5791 -4

Auto Mechanic 12/12/2016 12/11/2017 650 $13.38 $8,700 $0.00 $0.00 1 year $0.00

5791 -5

Cabinet Manufacture 06/01/2011 06/01/2018 650 $13.85 $9,000 $0.00 $0.00 1 year $0.00

5791 -7

Real Estate 01/11/2017 01/16/2018 550 $16.36 $9,000 $0.00 $0.00 1 year $0.00

5791 -8

Office / Storage 10/10/2014 03/31/2018 550 $14.18 $7,800 $0.00 $0.00 1 year $0.00

5791 -9

Car Dealer Storage 06/15/2016 09/30/2018 550 $15.27 $8,400 $0.00 $0.00 1 year $0.00

5791 -10

Cleaning Supplies 11/01/2016 02/01/2018 750 $11.68 $8,762 $0.00 $0.00 1 year $0.00

5791 -11

Custom Cars 06/15/2016 05/08/2018 750 $12.80 $9,600 $0.00 $0.00 1 year $0.00

5791 -6&12

Car Dealer 07/01/2011 05/31/2018 1,750 $13.37 $23,400 $0.00 $0.00 1 year $0.00

5740 -A

Work Shop 08/15/2014 02/28/2017 1,375 $13.96 $19,200 $0.00 $0.00 1 year $0.00

5740 -B

Auto Mechanic 12/01/2012 09/01/2017 1,375 $10.91 $15,000 $0.00 $0.00 1 year N/A

5740 -C

Vacant 12/01/2015 02/28/2017 1,375 $0.00 $0 $0.00 $0.00 1 year $0.00

5740 -D

Auto Mechanic 06/01/2015 02/28/2017 1,375 $10.47 $14,400 $0.00 $0.00 1 year $0.00

5740 -E

Paint & Accessories 06/01/2011 05/31/2018 1,375 $13.09 $18,000 $0.00 $0.00 1 year $0.00

P. 8

FINANCIAL INDICATORS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Description Year 1 Year 2 Year 3 Year 4 Year 5

Gross Rent Multiplier 10.44 10.44 10.44 10.44 10.44

Capitalization Rate 9.54% 9.54% 9.54% 9.54% 9.54%

Cash On Cash Return b/t 10.97% 10.97% 10.97% 10.97% 10.97%

Cash On Cash Return a/t 10.97% 10.97% 10.97% 10.97% 10.97%

Debt Coverage Ratio 1.43 1.43 1.43 1.43 1.43

Gross Income per Sq. Ft. $13.12 $13.12 $13.12 $13.12 $13.12

Expenses per Sq. Ft. ($2.04) ($2.04) ($2.04) ($2.04) ($2.04)

Net Income Multiplier 12.37 12.37 12.37 12.37 12.37

Operating Expense Ratio 15.54% 15.54% 15.54% 15.54% 15.54%

Loan To Value Ratio 60.43% 57.14% 53.72% 50.16% 46.46%

* b/t = before taxes; a/t = after taxes

P. 9

INVESTMENT RETURN ANALYSIS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Description Year 1 Year 2 Year 3 Year 4 Year 5

Cash Flow - To Date $112,348 $224,696 $337,045 $449,393 $561,741

Net Resale Proceeds $1,796,196 $1,922,262 $2,054,488 $2,193,125 $2,339,477

Invested Capital ($1,024,250) ($1,024,250) ($1,024,250) ($1,024,250) ($1,024,250)

Net Return on Investment $884,294 $1,122,709 $1,367,283 $1,618,268 $1,876,968

Internal Rate of Return 86.34% 46.53% 35.06% 29.53% 26.24%

Modified IRR 86.34% 44.78% 32.67% 26.74% 23.15%

NPV (cash flow + reversion) $908,373 $1,171,914 $1,441,616 $1,717,728 $2,000,512

PV (NOI + reversion) $4,971,979 $5,343,957 $5,715,936 $6,087,915 $6,459,894

* a/t = after taxes; Modified IRR = Modified Internal Rate of Return; PV = Present Value; NPV = Net Present Value; NOI = Net Operating Income

P. 10

PROPERTY PHOTOS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

92116-PP-1.jpg 92116-PP-2.jpg

92116-PP-3.jpg 92116-PP-4.jpg

92116-PP-5.jpg 92116-PP-6.jpg

P. 11

5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

1 Multi-Property SOLD

4 Class C Industrial buildings in Fort Lauderdale, FL, having total size of 64,200 SF.

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

$193.15$12,400,000 - Confirmed08/22/2016 (195 days on mkt) # Properties:

Total Size:Total Land Area:

- Sale Conditions: Redevelopment Project

464,200 SF2.90 AC

Research Status: ConfirmedComp ID: 3725604

2 Multi-Condo SOLD

6 Class A Industrial Condo Units in Dania Beach, FL, having total size of 29,940 SF.

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

$115.00$3,443,100 - Full Value05/04/2016 (91 days on mkt) # Properties:

Total Size:Total Land Area:

- Sale Conditions: -

629,940 SF-

Research Status: Full ValueComp ID: 3622974

3 8700 NW 7th Ave SOLD

30-3102-000-0484

Miami, FL 33150

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$149.25$3,539,300 - Confirmed06/15/2016 (463 days on mkt) Bldg Type:

Year Built/Age:RBA:

--

Parcel No:

Confirmed

Class C IndustrialWarehouseBuilt 1969 Age: 4723,714 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3638433

4 8201 NW 64th St - Florida Fruit Land Co SOLD

30-3015-001-0332

Miami, FL 33166

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$124.87$2,995,000 - Confirmed08/18/2016 Bldg Type:

Year Built/Age:RBA:

-6.00%

Parcel No:

Confirmed

Class C IndustrialWarehouseBuilt 1990 Age: 2623,985 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3703307

5 5900 NW 97th Ave, Unit 5 - 8 - Building C SOLD

35-3017-014-0050, 35-3017-014-0060, 35-3017-014-0070, 35-3017-014-0080 [Partial List]

Miami, FL 33178

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$126.08$4,337,000 - Confirmed10/17/2016 (251 days on mkt) Condo Type:

Year Built/Age:RBA:

--

Parcel No:

Confirmed

34,400 SF Industrial CondoBuilt 2003 Age: 1334,400 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3751443

6 11200 NW 107th St, Unit 11500 - Flagler Station Building 3 Phase III SOLD

30-2031-003-0014

Miami, FL 33178

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$141.91$5,676,200 - Confirmed05/17/2016 Condo Type:

Year Built/Age:RBA:

--

Parcel No:

Confirmed

40,000 SF Industrial CondoBuilt 201640,000 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3757775

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 2/20/2017

Page 1

P. 12

5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

7 1588-1600 NW 159th St - CE 228B SOLD

34-2114-008-1480

Miami, FL 33169

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$145.77$11,404,30001/17/2017 Bldg Type:

Year Built/Age:RBA:

--

Parcel No:

In Progress

Class C IndustrialWarehouseBuilt 1972 Age: 4578,235 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3830577

8 11100 NW South River Dr SOLD

22-2033-001-0560

Miami, FL 33178

Sale Date:

Pro Forma CapRate:

Price/SF:Sale Price:

Actual Cap Rate:

$177.87$5,300,000 - Confirmed09/06/2016 (547 days on mkt) Bldg Type:

Year Built/Age:RBA:

--

Parcel No:

Confirmed

Class C IndustrialWarehouseBuilt 1958 Age: 5829,797 SF

Miami/Dade County

Research Status:Sale Conditions: -Comp ID: 3702043

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 2/20/2017

Page 2

P. 13

5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Dollar Volume

Legend:

Current Survey

Sold Transactions8

$49,094,900Number of TransactionsTotal Dollar Volume

260,07115.73

Total Bldg Square FeetTotal Land in Acres

685,199$6,136,862

Total Land in SFAverage Price

37,153$141.10

Average Number of SFAverage Price Per Bldg SF

$141.913.15

Median Price Per SFAverage Number of Acres

137,040-

Average Number of SF(Land)Average Price Per Unit

--

Median Price Per UnitAverage Number of Units

6.00%Actual Cap Rate

SoldTransactions

Time Interval - Quarterly

Report Time Frame: 4/1/2016 - 2/20/2017

Trend Report

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 2/20/2017

Page 3

P. 14

5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Trend Report

Sold Transaction Sold Transaction

2Q16 04/1-6/30/16 4Q16 10/1-12/31/16

Number of TransactionsTotal Dollar VolumeTotal Bldg Square FeetTotal Land in AcresTotal Land in SFAverage PriceAverage Number of SFAverage Price Per Bldg SFMedian Price Per SFAverage Number of AcresAverage Number of SF(Land)Average Price Per UnitMedian Price Per UnitAverage Number of UnitsActual Cap Rate

3Q16 07/1-9/30/16 1Q17 01/1-2/20/17

Sold TransactionSold Transaction

3$12,658,600

93,6541.81

78,844$4,219,533

31,218$135.16$141.91

1.8178,844

----

3$20,695,000

53,78213.52

588,931$6,898,333

26,891$154.23$151.37

4.51196,310

---

6.00%

1$4,337,000

34,400--

$4,337,00034,400

$126.08$126.08

------

1$11,404,300

78,2350.40

17,424$11,404,300

78,235$145.77$145.77

0.4017,424

----

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 2/20/2017

Page 4

P. 15

LOCATION MAP5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

P. 16

DEMOGRAPHICS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Population 1 Mile 3 Mile 5 Mile

Male 9,118 (47.14 %) 84,055 (47.66 %) 214,921 (47.85 %)

Female 10,226 (52.86 %) 92,309 (52.34 %) 234,202 (52.15 %)

Total Population 19,344 176,364 449,123

Age Breakdown 1 Mile 3 Mile 5 Mile

Ages 0-4 1,105 (5.71 %) 10,266 (5.82 %) 25,091 (5.59 %)

Ages 5-9 1,412 (7.30 %) 13,017 (7.38 %) 31,863 (7.09 %)

Ages 10-14 1,311 (6.78 %) 12,341 (7.00 %) 30,114 (7.09 %)

Ages 15-19 1,262 (6.52 %) 11,766 (6.67 %) 29,024 (6.46 %)

Ages 20-24 1,263 (6.53 %) 11,632 (6.60 %) 28,912 (6.44 %)

Ages 25-29 1,237 (6.39 %) 11,340 (6.43 %) 28,352 (6.31 %)

Ages 30-34 1,179 (6.09 %) 10,985 (6.23 %) 27,680 (6.16 %)

Ages 35-39 1,196 (6.18 %) 11,042 (6.26 %) 27,941 (6.22 %)

Ages 40-44 1,254 (6.48 %) 11,720 (6.65 %) 29,598 (6.59 %)

Ages 45-49 1,323 (6.84 %) 12,312 (6.98 %) 31,311 (6.97 %)

Ages 50-54 1,309 (6.77 %) 11,976 (6.79 %) 30,792 (6.86 %)

Ages 55-59 1,199 (6.20 %) 10,893 (6.18 %) 28,682 (6.39 %)

Ages 60-64 1,014 (5.24 %) 9,287 (5.27 %) 25,009 (5.57 %)

Ages 65-69 834 (4.31 %) 7,465 (4.23 %) 20,413 (4.55 %)

Ages 70-74 684 (3.54 %) 5,936 (3.37 %) 16,248 (3.62 %)

Ages 75-79 524 (2.71 %) 4,537 (2.57 %) 12,390 (2.76 %)

Ages 80-84 390 (2.02 %) 3,273 (1.86 %) 8,812 (1.96 %)

Ages 85+ 848 (4.38 %) 6,576 (3.73 %) 16,891 (3.76 %)

P. 17

DEMOGRAPHICS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Household Income 1 Mile 3 Mile 5 Mile

Median Income $36,608 $47,293 $47,849

Less than $10,000 646 5,092 13,599

$10,000 -$14,999 503 3,596 10,029

$15,000 - $19,999 560 3,698 9,957

$20,000 -$24,999 616 3,906 10,129

$25,000 - $29,999 450 4,128 11,031

$30,000 - $34,999 668 3,993 10,145

$35,000 - $39,999 552 3,455 9,849

$40,000 - $44,999 332 2,923 9,041

$45,000 - $49,999 391 3,313 8,304

$50,000 - $59,999 745 6,089 14,711

$60,000 - $74,999 734 6,932 18,708

$75,000 - $99,999 634 7,927 18,519

$100,000 - $124,999 235 3,750 10,412

$125,000 - $149,999 150 1,882 4,714

$150,000 - $199,999 26 1,614 4,549

Greater than $200,000 77 963 3,516

Housing 1 Mile 3 Mile 5 Mile

Housing Units 8,029 71,085 196,671

Occupied Units 6,991 63,139 170,746

Owner Occupied Units 4,637 41,854 109,672

Renter Occupied Units 2,354 21,285 61,074

Vacant Units 1,038 7,946 25,925

Race Demographics 1 Mile 3 Mile 5 Mile

Population Non Hispanic White 9,850 90,654 240,842

Population Black 7,731 70,172 175,001

Population Am In/Ak Nat N/A 449 538

P. 18

CUMULATIVE WEALTH ANALYSIS5770 Funston St | Hollywood, FL 33023

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

Year 1 2 3 4 5

$210,000

$420,000

$630,000

$840,000

$1,050,000

$1,260,000

$1,470,000

$1,680,000

$1,890,000

$2,100,000

Legend

Equity (loan reduction) Equity (appreciation) CASH FLOW (a/t)

P. 19