Sugar Mill RV Park  FYE  FYE  FYE  FYE
   12/31/2007  12/31/2008  12/31/2009  12/31/2010
Annual Cash Flow Analysis  Actual  Actual  Projected  Projected
2007 - 2009        
Revenues  $320,829  $360,533  $243,518  $267,688
Net Profit  $193,468  $227,751  $165,592  $182,028
         
Depreciation & Amortization        
         
         
         
Cash Flow from Operations  $193,468  $227,751  $165,592  $182,028
         
         
         
Cash Available for Debt Service  $193,468  $227,751  $165,592  $182,028
   ========  ========  ========  ========
Debt Service        
First Mortgage (Proposed Debt. Service)           $104,556
Cash after Debt. Service           $98,739
Equity Buildup          $20,155
Taxable Income           
Return on Investment Cash on Cash       23.00%
Down Payment           $498,750
New Mortgage @5.75% 25 Year Amort.           $1,496,250
             
Total Price           $1,995,000
Capitalization Rate       9.12%