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BMC_PMI_Ramp_Up_ProformaV2

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					     BMC PROPERTY MANAGEMENT, INC.
        Income Statement ProForma


                                              Start Up        Economy Start Up
Revenues
Commercial Mgmt Fee Income
Residential Mgmt Fee Income
Vertical Integration/Vendor Services Income
Initial Registration
Brokerage & Leasing Commission Income
Other Income

Total Revenues

Expenses
Advertising                                       $3,000.00             $200.00
Automobile Allowance                                                      $0.00
Bank Service Charges                                $250.00              $75.00
Computer Services                                 $1,250.00             $250.00
Courier Services                                                          $0.00
Franchise Fee                                                             $0.00
Finace Charge                                                             $0.00
Employee Benefits                                                         $0.00
Insurance-E&O & G/L                                $300.00              $300.00
Insurance - Health                                                        $0.00
Insurance - Worker's Comp                                                 $0.00
Leasing Exp                                                               $0.00
Licenses and Permits                               $500.00              $500.00
Mileage                                                                   $0.00
TRAINING Expenses                                 $2,000.00           $2,000.00
Office Supplies                                                           $0.00
Office Supplies-Owner                                                     $0.00
Postage & Delivery                                                        $0.00
Printing and Reproduction                         $2,000.00             $500.00
Professional Fees - Accounting                                            $0.00
Professional Fees - Legal                          $500.00              $150.00
Referral Fees                                                             $0.00
Repair & Maintenance                                                      $0.00
Rent - Office Space                                                       $0.00
Royalty                                                                   $0.00
Self Storage                                                              $0.00
Salaries & Wages - Office                                                 $0.00
Payroll Taxes                                                             $0.00
Payroll - ER Simple IRA Match                                             $0.00
Telephone                                                                 $0.00
Telephone - Cellular                              $0.00
Travel Expenses                    $800.00      $800.00
Investor Set Payback Schedule

Total Expenses                  $10,600.00    $4,775.00

Net Income                      -$10,600.00   -$4,775.00
Month 1     Month 2    Month 3    Month 4    Month 5    Month 6    Month 7    Month 8

    $0.00      $0.00      $0.00     $0.00     $0.00     $0.00     $0.00 $2,000.00
    $0.00      $0.00      $0.00 $1,000.00 $1,300.00 $2,000.00 $2,000.00 $2,300.00
    $0.00                                               $0.00     $0.00     $0.00
                        $750.00   $500.00   $500.00
    $0.00                       $3,600.00 $1,080.00 $2,520.00 $1,080.00
    $0.00

    $0.00      $0.00    $750.00 $5,100.00 $2,880.00 $4,520.00 $3,080.00 $4,300.00


    $0.00    $500.00    $500.00    $500.00    $500.00    $500.00    $500.00    $500.00
    $0.00
    $0.00
    $0.00    $200.00    $200.00    $200.00    $200.00    $200.00    $200.00    $200.00
    $0.00

    $0.00
    $0.00
  $300.00    $300.00    $300.00    $300.00    $300.00    $300.00    $300.00    $300.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00
  $500.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00
    $0.00
    $0.00
  $250.00      $0.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00
    $0.00    $200.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00

  $150.00    $100.00    $100.00    $100.00    $100.00    $100.00    $100.00    $100.00
  $100.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00     $50.00
  $200.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00                                                $500.00    $500.00    $500.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
                                                         $271.20    $184.80    $258.00
    $0.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00      $0.00
    $0.00
  $200.00    $200.00    $200.00    $200.00    $200.00    $200.00    $200.00    $200.00
    $0.00      $0.00       $0.00      $0.00     $0.00     $0.00     $0.00     $0.00
    $0.00
                           $0.00                                  $500.00   $500.00

$1,700.00   $1,600.00   $1,500.00 $1,500.00 $1,500.00 $2,271.20 $2,684.80 $2,758.00

-$1,700.00 -$1,600.00   -$750.00 $3,600.00 $1,380.00 $2,248.80    $395.20 $1,542.00
Month 9 Month 10 Month 11 Month 12        YEAR 1

$2,000.00 $2,000.00 $2,000.00 $2,000.00    $10,000.00
$2,300.00 $3,000.00 $3,000.00 $3,000.00    $19,900.00
    $0.00     $0.00     $0.00     $0.00         $0.00
            $500.00     $0.00               $2,250.00
          $2,520.00                        $10,800.00
                                                $0.00
                                                $0.00
$4,300.00 $8,020.00 $5,000.00 $5,000.00    $42,950.00
                                                $0.00
                                                $0.00
 $500.00   $500.00   $500.00   $500.00      $5,500.00
                                                $0.00
                                                $0.00
 $200.00   $200.00   $200.00   $200.00      $2,200.00
                                                $0.00
                                                $0.00
                                                $0.00
                                                $0.00
 $300.00   $300.00   $300.00   $300.00      $3,300.00
   $0.00     $0.00     $0.00     $0.00          $0.00
   $0.00     $0.00     $0.00     $0.00          $0.00
                                                $0.00
  $50.00    $50.00    $50.00    $50.00        $550.00
                                                $0.00
                                                $0.00
  $50.00    $50.00    $50.00    $50.00        $500.00
  $50.00    $50.00    $50.00    $50.00        $700.00
                                                $0.00
 $100.00   $100.00   $100.00   $100.00      $1,100.00
  $50.00    $50.00    $50.00    $50.00        $550.00
   $0.00     $0.00     $0.00   $200.00        $200.00
   $0.00     $0.00     $0.00     $0.00          $0.00
 $500.00   $500.00   $500.00   $500.00      $3,500.00
   $0.00     $0.00     $0.00     $0.00          $0.00
 $258.00   $481.20   $300.00   $300.00      $2,053.20
                                                $0.00
   $0.00     $0.00     $0.00      $0.00         $0.00
   $0.00     $0.00     $0.00      $0.00         $0.00
                                                $0.00
 $200.00   $200.00   $200.00   $200.00      $2,200.00
   $0.00     $0.00     $0.00      $0.00        $0.00
                                               $0.00
 $500.00   $500.00   $500.00   $500.00     $3,000.00
                                               $0.00
$2,758.00 $2,981.20 $2,800.00 $3,000.00   $25,353.20
                                               $0.00
$1,542.00 $5,038.80 $2,200.00 $2,000.00   $17,596.80
                  PROPERTY MANAGEMENT, INC.
                     Income Statement ProForma
                                                 Start Up   Month 1
Revenues
Commercial Mgmt Fee Income                                   8,000.00
Residential Mgmt Fee Income                                  8,000.00
Vertical Integration/Vendor Services Income                 12,000.00
Brokerage & Leasing Commission Income                            0.00
Other Income                                                     0.00

Total Revenues                                              28,000.00

Expenses
Advertising                                                  1,000.00
Automobile Allowance                                             0.00
Bank Service Charges                                             0.00
Computer Services                                              100.00
Courier Services                                                 0.00
Finace Charge                                                    0.00
Employee Benefits                                                0.00
Insurance-E&O & G/L                                            300.00
Insurance - Health                                             684.72
Insurance - Worker's Comp                                      225.00
Leasing Exp                                                      0.00
Licenses and Permits                                             0.00
Mileage                                                          0.00
Moving Expenses                                                  0.00
Office Supplies                                                500.00
Office Supplies-Owner                                            0.00
Postage & Delivery                                               0.00
Printing and Reproduction                                        0.00
Professional Fees - Accounting                                   0.00
Professional Fees - Legal                                        0.00
Referral Fees                                                    0.00
Repair & Maintenance                                             0.00
Rent - Office Space                                          1,306.81
Self Storage                                                     0.00
Salaries & Wages - Office                                   10,083.00
Payroll Taxes                                                1,209.96
Payroll - ER Simple IRA Match                                    0.00
Telephone                                                      250.00
Telephone - Cellular                                           350.00
Travel Expenses                                                  0.00
                                                                 0.00

Total Expenses                                              16,009.49

Net Income                                                  11,990.51
 Month 2      Month 3     Month 4     Month 5     Month 6     Month 7     Month 8     Month 9     Month 10

  8,000.00 8,000.00        8,000.00    8,000.00    8,000.00 12,000.00 12,000.00 12,000.00 12,000.00
   8,000.00 8,000.00       8,000.00    8,000.00    8,000.00  8,000.00  8,000.00  8,000.00  8,000.00
      12000    12000          12000       12000       12000     12000     12000     12000     12000



$ 28,000.00   28,000.00   28,000.00   28,000.00   28,000.00   32,000.00   32,000.00   32,000.00   32,000.00


   1,000.00    1,000.00    1,000.00    1,000.00    1,000.00    1,000.00    1,000.00    1,000.00    1,000.00


    100.00      100.00      100.00      100.00      100.00      100.00      100.00      100.00      100.00



    300.00      300.00      300.00      300.00      300.00      300.00      300.00      300.00      300.00
    684.72      684.72      684.72      684.72      684.72      684.72      684.72      684.72      684.72
    225.00      225.00      225.00      225.00      225.00      225.00      225.00      225.00      225.00

    500.00      500.00      500.00      500.00      500.00      500.00      500.00      500.00      500.00


    500.00      500.00      500.00      500.00      500.00      500.00      500.00      500.00      500.00
       200         200         200         200         200         200         200         200         200


       200         200         200         200          200         200         200         200         200
       200         200         200         200          200         200         200         200         200
      1000        1000        1000        1000         1000        1000        1000        1000        1000
                                                        500         500         500         500         500
   1,306.81    1,306.81    1,306.81    1,306.81    1,306.81    1,306.81    1,306.81    1,306.81    1,306.81

  10,083.00   10,083.00   10,083.00   10,083.00   10,083.00   10,083.00   10,083.00   10,083.00   10,083.00
   1,209.96    1,209.96    1,209.96    1,209.96    1,209.96    1,209.96    1,209.96    1,209.96    1,209.96

    250.00      250.00      250.00      250.00      250.00      250.00      250.00      250.00      250.00
    350.00      350.00      350.00      350.00      350.00      350.00      350.00      350.00      350.00



  18,109.49   18,109.49   18,109.49   18,109.49   18,609.49   18,609.49   18,609.49   18,609.49   18,609.49

   9,890.51    9,890.51    9,890.51    9,890.51    9,390.51   13,390.51   13,390.51   13,390.51   13,390.51



Does not show ANY revenue from brokerage/leasing
Month 11    Month 12      Year 1

12,000.00 12,000.00     120,000.00
12,000.00 12,000.00     104,000.00
    12000     12000     144,000.00
                              0.00
                              0.00

36,000.00   36,000.00   368,000.00


 1,000.00    1,000.00    12,000.00


  100.00      100.00      1,200.00



  300.00      300.00      3,300.00
  684.72      684.72      8,216.64
  225.00      225.00      2,700.00

  500.00      500.00      5,500.00


  500.00      500.00      6,000.00
     200         200


      200         200     2,200.00
      200         200     2,200.00
     1000        1000    11,000.00
      500         500     3,500.00
 1,306.81    1,306.81    15,681.72

10,083.00   10,083.00   120,996.00
 1,209.96    1,209.96    14,519.52

  250.00      250.00      3,000.00
  350.00      350.00      4,200.00



18,609.49   18,609.49   216,213.88

17,390.51   17,390.51   149,286.12
50% increase beginning in yr2 month 6
50% increase beginning in yr2 month 11
50% increase beginning in yr2 month 1
The mix of revenue can and needs to be adjusted, residential vs Commercial




Doubled in year 2

				
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