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EXAMPLE 1 <br /> Assume the following <br /> a. Adjusted Monthly Rent(1/1/97) S 423 <br /> b. Capital Improvement Cost 25 <br /> c. Operating Expenses through 9/30/97 82 <br /> [98,400 _ 100 - 12] <br /> d. Operating Expenses through 9/30/96 80 <br /> [96,000 _ 100 + 12] <br /> e. Government Regulated Expenses <br /> through 9/30/97 52 <br /> [62,400 + 100 + 12] <br /> f. Government Regulated Expenses <br /> through 9/30/96 50 <br /> [60,000 _ 100 + 12] <br /> g. Real Property taxes paid through 9/30/97 3.80 <br /> [4560 + 100 + 12] <br /> h. Real Property taxes paid through 9/30/96 3.50 <br /> [4200 + 100 _ 12] <br /> i. Cost of Living 4% <br /> j. Number of spaces 100 <br /> Calculations from Formula: <br /> S 425 Adjusted Monthly Rent <br /> < 25 > <Capital Improvement Costs> <br /> (I) 400 Monthly Rent <br /> <133.50 > (80 + 50 + 3.50) <br /> (2) 266.50 Base Rent for 1997 <br /> EXHIBIT E-1 <br /> (MOBILEB.SAM) <br />