Alliance Group, LLC
RVA Alliance Group

 
Downtown Building
 
 
 
14 South 15 Street
Richmond, VA 23219
 
Rent:
Hair Salon - $1,330.00
Apartment 1 - $1,300.00
Apartment 2 - $1,100.00
Apartment 3 - $1,050.00
 
Mortgage Information:
 
1st Mortgage (Union Bank)
Initial Loan - $250.000.00
Payment - $1,569.00/mo

2nd Mortgage (Thomas Papas) 
2016 payment - $1,041.00/mo
2017 Principal Payment - $50,000.00
2017 Payment reduced to $833.00/mo
2018 Principal Payment - $50,000.00
2018 Payment reduced to $625.00/mo
 
Expenses:
Management Fees - 8%
Electric - $400.00/mo
Utilities - $260.00/mo
Internet - $142.00/mo
Insurance - $2,099.00/yr
Taxes - $6,300.00/yr
LLC - $300.00/yr
Misc. - $2500.00/yr



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