Executive Summary

Output Version 3 - Jan 20 2026 Catoctin Circle
Net Operating Income $0
Direct Cap Value $0 @ 5.50% Cap
DCF Value $0 @ 6.00% Exit Cap
Unlevered IRR 0.00%
Equity Multiple 0.00x

Operating Statement

Output Version 3 - Jan 20 2026

Income

Gross Potential Rent $0
Less: Vacancy (5.0%) ($0)
Less: Credit Loss (1.0%) ($0)
Plus: Other Income $0
Effective Gross Income $0

Operating Expenses

Management Fee (3.0%) $0
Total Expenses $0

Net Operating Income

Effective Gross Income $0
Less: Total Operating Expenses ($0)
Net Operating Income (NOI) $0

Capital Costs

No capital costs entered.

Valuation Analysis

Output Version 3 - Jan 20 2026

Direct Capitalization Approach

Year 1 NOI $0
Going-In Cap Rate 5.50%
Indicated Value $0

Discounted Cash Flow Approach

Hold Period 3 years
Exit Year NOI $0
Exit Cap Rate 6.00%
Reversion Value $0
Less: Sales Costs (2.0%) ($0)
Net Sale Proceeds $0
DCF Implied Value $0

Investment Returns

Initial Investment (Based on DCF Value) $0
Unlevered IRR 0.00%
Unlevered Equity Multiple 0.00x

Debt Analysis

Output Version 3 - Jan 20 2026

No debt financing included in this analysis.

Assumptions

Output Version 3 - Jan 20 2026

Property Information

Property Name Catoctin
Address Catoctin Circle
Asset Type office
Gross Area 50,000 SF
Year Built 1996

Operating Assumptions

Vacancy Rate 5.0%
Credit Loss 1.0%
Management Fee 3.0%

Valuation Assumptions

Going-In Cap Rate 5.50%
Exit Cap Rate 6.00%
Sales Costs 2.0%
Hold Period 3 years
Discount Rate 8.0%
NOI Growth Rate 2.0%

Cash Flow Projection

Output Version 3 - Jan 20 2026

Annual Cash Flows

Year NOI Capital Costs Debt Service Cash Flow (Before Debt) Cash Flow (After Debt)
1 $0 ($0) $0 $0 $0
2 $0 ($0) $0 $0 $0
3 $0 ($0) $0 $0 $0

Monthly Cash Flows

Period NOI Capital Costs Debt Service Cash Flow (Before Debt) Cash Flow (After Debt)
Y1 M1 $0 ($0) $0 $0 $0
Y1 M2 $0 ($0) $0 $0 $0
Y1 M3 $0 ($0) $0 $0 $0
Y1 M4 $0 ($0) $0 $0 $0
Y1 M5 $0 ($0) $0 $0 $0
Y1 M6 $0 ($0) $0 $0 $0
Y1 M7 $0 ($0) $0 $0 $0
Y1 M8 $0 ($0) $0 $0 $0
Y1 M9 $0 ($0) $0 $0 $0
Y1 M10 $0 ($0) $0 $0 $0
Y1 M11 $0 ($0) $0 $0 $0
Y1 M12 $0 ($0) $0 $0 $0
Y2 M1 $0 ($0) $0 $0 $0
Y2 M2 $0 ($0) $0 $0 $0
Y2 M3 $0 ($0) $0 $0 $0
Y2 M4 $0 ($0) $0 $0 $0
Y2 M5 $0 ($0) $0 $0 $0
Y2 M6 $0 ($0) $0 $0 $0
Y2 M7 $0 ($0) $0 $0 $0
Y2 M8 $0 ($0) $0 $0 $0
Y2 M9 $0 ($0) $0 $0 $0
Y2 M10 $0 ($0) $0 $0 $0
Y2 M11 $0 ($0) $0 $0 $0
Y2 M12 $0 ($0) $0 $0 $0
Y3 M1 $0 ($0) $0 $0 $0
Y3 M2 $0 ($0) $0 $0 $0
Y3 M3 $0 ($0) $0 $0 $0
Y3 M4 $0 ($0) $0 $0 $0
Y3 M5 $0 ($0) $0 $0 $0
Y3 M6 $0 ($0) $0 $0 $0
Y3 M7 $0 ($0) $0 $0 $0
Y3 M8 $0 ($0) $0 $0 $0
Y3 M9 $0 ($0) $0 $0 $0
Y3 M10 $0 ($0) $0 $0 $0
Y3 M11 $0 ($0) $0 $0 $0
Y3 M12 $0 ($0) $0 $0 $0

Rent Roll

Output Version 3 - Jan 20 2026

Tenant Schedule

Tenant Area (SF) Rent/SF Annual Rent Lease End
BIG Tenant 45,000 $0.00 $0 2030-10-02
Total 45,000 $0

This analysis is for informational purposes only and does not constitute a certified appraisal or investment advice.