RubinBrown Apartment Stats 2011

Gross Potential Rent vs. Net Operating Income Per Square Foot

2007

2006

30

32

$12

201

215

11.80

$9

10.13

10.13

9.82

9.45

$743

$698

$6

879

887

4.44

4.52

5.20

5.05

4.88

$3

4.46

4.05

88.0%

87.8%

$0

2010

2009

2008

2007

2006

52.3%

50.0%

Gross Potential Rent

Net Operating Income

A

B

C

A

B

C

Economic Occupancy

$ 8,911 $10.13 100.0%

$ 8,377 $ 9.45 100.0%

100%

(670)

(0.76)

-7.5%

(636)

(0.72)

-7.6%

(143)

(0.16)

-1.6%

(140)

(0.16)

-1.7%

90.2

88.0

75%

87.7

87.8

82.8

(260)

(0.30)

-2.9%

(239)

(0.27)

-2.9%

50%

7,838 8.91 88.0%

7,362 8.30 87.8%

651 0.74 7.3% 554 0.62 6.6% $8,489 $9.65 95.3% $7,916 $8.92 94.4%

25%

0

2010

2009

2008

2007

2006

$844 $0.96 9.5%

$812 $0.92 9.7%

274 0.31 3.1%

289 0.33 3.4%

155 0.18 1.7%

136 0.15 1.6%

299 0.34 3.4%

287 0.32 3.4%

492 0.56 5.5%

444 0.50 5.3%

Average Monthly Rent Per Unit

316 0.36 3.5%

368 0.41 4.4%

$900

690 0.78 7.7%

660 0.74 7.9%

335 0.38 3.8%

334 0.38 4.0%

809

$675

763

743

728

698

572 0.65 6.4%

556 0.63 6.7%

$450

72 0.08 0.8%

74 0.08 0.9%

$4,049 $4.60 45.4% $3,960 $4.46 47.3%

$225

$4,440 $5.05 49.9% $3,956 $4.46 47.1%

0

2010

2009

2008

2007

2006

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