El Canal Altos
Condominio el Canal is a conscious
condominium that values the well-being of the
planet and your well-being as well. It is proven
that living surrounded by nature improves
people’s physical, mental and emotional health
Basic Adult Senior Living project.
7 story Tower
56 Independent units fully furnished
Operating Projection
Grecia, No Meals, 2 RNs Only
(85% occupancy, $4,000/month rent, $200 ancillary
income)
Category Annual USD
Tot. Rev 2,301,120
Staffing $310,000
Utilities $70,000
Maintenance/repairs $60,000
Medical Supplies $45,000
Ins, Marketing, Licensing $75,000
Debt
Operating Ex $560,000
Debt est. $400,000
NOI $1,341,120
$8.5M (Construction,
Furnishings, regulatory,
Insurance and $10%
Contingency fund).
Operating Projections – Staffing
Scenarios & Impact on NOI
