Total Project Cost

CAPITALIZATION Cash received from partners 5,040,000

START UP COST Total pre-operating expense
A. Permit and Licenses 7,980
B. Employees Uniform 850
C. Office Supplies 1,021
D. Cleaning Supplies 3,390
Land 997,500
Building 3,591,000
Generator 107,500
Water Tank 40,000
Furniture and Fixtures 230,692
Office Equipments 35,342
Total Start-Up Cost 5,015,275
Working Capital 24,725
 HOMACE SHOPHOUSE
PROJECTED STATEMENT OF CASH FLOW
PRE OPERATI NG

Cas h I nf l ows
I nves t ment s 5, 040, 000
Col l ect i ons f r om Rent al s
Tot at Cas h I nf l ows 5, 040, 000

Cas h Out f l ows

Land 997,500
Bui l di ng 3,591,000
Gener at or 107,500
Wat er Tank 40,000
Per mi t and Li cens es 7,980
Sal ar i es & Wages
Empl oyees Uni f or m 850
Gas ol i ne
Of f i ce Suppl i es 1,021
Cl eani ng Suppl i es 3, 390
Fur ni t ur e and Fi xt ur es 230, 692
Of f i ce Equi pment 35, 342
Tot al Cas h Out f l ows 5, 015, 275

Ne t Cas h f r om Ope r at i ng and I nve s t i ng 24,725

Add: Cas h Begi nni ng

Cas h Bal anc e Endi ng 24, 725

 HOMACE SHOPHOUSE
PROJECTED STATEMENT OF FINANCIAL PERFORMANCE
Five Year Period
YEAR 1 YEAR 2
Revenue (s ee Schedule 2) 748,800 756,288
Les s : Operating Expens es
Sal ari es and Wages (see Schedul e 3) 168, 000 168, 000
Fri nge Benefi t s (see Schedul e 3) 34, 160 34, 160
Ut i l i t i es Expense (see Schedul e 3) 72, 986 75, 175
Empl oyees Uni form 876
Gasol i ne 4, 000 4, 120
Offi ce Suppl i es (see Schedul e 1) 5, 866 6, 042
Cl eani ng Suppl i es (see Schedul e 1) 9, 185 9, 461
Permi t s and Li censes (see Schedul e 1) 7, 980
Depreci at i on Expense-Bui l di ng (see Schedul e 4) 117, 724 117, 724
Depreci at i on Expense-Generat or (see Schedul e 4) 6, 007 6, 007
Depreci at i on Expense-Furni t ure and Fi xt ures (see Schedul e 4) 30, 208 30, 208
Depreci at i on Expense-Offi ce Equi pment s (see Schedul e 4) 4, 490 4, 490
Mi scel l aneous Expense 3, 600 3, 708
Total Operating Expenses 456, 226 467, 951
Net Income before Tax 292, 574 288, 337
Less: Income Tax (30%) 87, 772 86, 501
Net Income after Tax 204, 802 201, 836
 HOMACE SHOPHOUSE
PROJECTED STATEMENT OF FINANCIAL POSITION
5 YEAR PERIOD
PRE OPERATING YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Assets
Current Assets
Cash 24,725 445,365 807,018 1,172,781 1,540,831 1,913,293
Cleaning Supplies 3,390 3,492 3,596 3,704 3,815
Office Supplies 1,021 1,052 1,083 1,116 1,149
Total Current Assets 24,725 449,776 811,562 1,177,461 1,545,651 1,918,258
Non Current Assets
Land 997,500 997,500 997,500 997,500 997,500 997,500
Building 3,591,000 3,591,000 3,591,000 3,591,000 3,591,000 3,591,000
Accumulated Depreciation - Building (117,724) (235,448) (353,172) (470,896) (588,620)
Generator 107,500 107,500 107,500 107,500 107,500 107,500
Accumulated Depreciation - Generator (6,007) (12,015) (18,022) (24,029) (30,037)
Water Tank 40,000 40,000 40,000 40,000 40,000 40,000
Accumulated Depreciation - Water Tank (1,520) (3,040) (4,560) (6,080) (7,600)
Furniture and Fixtures 230,692 230,692 230,692 230,692 230,692 230,692
Accumulated Depreciation - Furniture and Fixtures (30,208) (60,417) (90,625) (120,834) (151,042)
Office Equipment 35,342 35,342 35,342 35,342 35,342 35,342
Accumulated Depreciation - Office Equipment (4,490) (8,980) (13,469) (17,959) (22,449)
Total Non Current Assets 5,002,034 4,842,084 4,682,135 4,522,185 4,362,236 4,202,286
TOTAL ASSETS 5,026,759 5,291,861 5,493,697 5,699,646 5,907,887 6,120,544

LIABILITIES AND CAPITAL

Advances from Boarders 30,000 30,000 30,603 30,603 31,218
Advances from Commercial leasee 30,300 30,300 30,603 30,603 31,218
Equity, Partners 5,040,000 5,026,759 5,231,561 5,433,397 5,638,440 5,846,681
Less: Pre operating expenses
Permits and Licenses 7,980
Employees Uniform 850
Office Supplies 1,021
Cleaning Supplies 3,390
Add: Income 204,802 201,836 205,043 208,241 211,427
TOTAL LIABILITIES AND CAPITAL 5,026,759 5,291,861 5,493,697 5,699,646 5,907,887 6,120,544
 HOMACE SHOPHOUSE
Statement of Changes in Partner's Capital
For the 5 Years Operation
Partner 1 Partner 2 Partner 3 Partner 4 Partner 5 Partner 6
Capital Beginning, March 1, 2025 628,345 628,345 628,345 628,345 628,345 628,345
Sharing Ratio 12.5% 12.5% 12.5% 12.5% 12.5% 12.5%
Add: Net Income 25,600 25,600 25,600 25,600 25,600 25,600
Capital Ending, March 1, 2026 653,945 653,945 653,945 653,945 653,945 653,945
Capital Beginning, March 1, 2026 653,945 653,945 653,945 653,945 653,945 653,945
Sharing Ratio 12.5% 12.5% 12.5% 12.5% 12.5% 12.5%
Add: Net Income 25,230 25,230 25,230 25,230 25,230 25,230
Capital Ending, March 1, 2027 679,175 679,175 679,175 679,175 679,175 679,175
Capital Beginning, March 1, 2027 679,175 679,175 679,175 679,175 679,175 679,175
Sharing Ratio 12.5% 12.5% 12.5% 12.5% 12.5% 12.5%
Add: Net Income 25,630 25,630 25,630 25,630 25,630 25,630
Capital Ending, March 1, 2028 704,805 704,805 704,805 704,805 704,805 704,805
Capital Beginning, March 1, 2028 704,805 704,805 704,805 704,805 704,805 704,805
Sharing Ratio 12.5% 12.5% 12.5% 12.5% 12.5% 12.5%
Add: Net Income 26,030 26,030 26,030 26,030 26,030 26,030
Capital Ending, March 1, 2029 730,835 730,835 730,835 730,835 730,835 730,835
Capital Beginning, March 1, 2029 730,835 730,835 730,835 730,835 730,835 730,835
Sharing Ratio 12.5% 12.5% 12.5% 12.5% 12.5% 12.5%
Add: Net Income 26,428 26,428 26,428 26,428 26,428 26,428
Capital Ending, March 1, 2030 757,263 757,263 757,263 757,263 757,263 757,263
 SCHEDULE 1 . SUPPORTI NG PRE- OPERATI NG COSTS

A. Pe r mi t and Li c e ns e s Qua nt i t y Tot a l Cos t

Bar angay Cer t i f i cat e 1 200
Mayor s Per mi t 1 500
Fi r e Cer t i f i cat e 1 500
SEC Regi s t r at i on 1 6, 250
Bur eau of I nt er nal Revenue 1 530
Tot a l 7, 980

B. Empl oy e e s Uni f o r m Qt y . Uni t Co s t Tot a l Cos t

Bookkeeper 1 350. 00 350
Car e Taker 2 250. 00 500
TOTAL 8 50

C. Of f i c e Suppl i e s Qt y . Uni t Co s t Tot a l Cos t

Stapler 2 pcs 45 90
Document Rack Tray 2 pcs 199 398
Printer Ink 2 pcs 154 308
Bond Paper 1/ 4 r i m 255 64
Staples Wire 1/ 5 box 15 3
Folders 10 pcs 6 60
Ballpens 1/ 2 boxes 69 35
Record Book 1 pc 64 64
TOTAL 1, 021
Not e: St apl er and Document Rack Tr ay pur chas ed on- t i me onl y

D. Cl e a ni ng Suppl i e s Qt y Uni t Co s t Tot a l Cos t

Dus t Pan 2 pcs 50 100
Tr as h Bi n 7 pcs 145 1, 015
Was t e Cont ai ner 2 pcs 720 1, 440
Toilet Brush 1 pc 45 45
Rug 1 pc 50 50
Mop 1 pc 150 150
Toilet Pump 1 pc 75 75
Garbage Bags 1 r ol l 105 105
Liquid Detergent 1 pc 250 250
Broom 2 pcs 80 160
TOTAL 3, 390
Not e: Dus t Pan, Tr as h Bi n and Was t e Cont ai ner pur chas ed on- t i me onl y
 SCHEDULE 2. Re nt al Fe e s
1st Year
Number of Clients Fees per Month Annual Fees
From Bed Spaces 24 1,250.00 360,000.00
From Commercial Spaces 4 7,500.00 360,000.00
Revenues from appliances 24 100.00 28,800.00
Total Rental Fees 748,800.00

2nd Year
Number of Clients Fees per Month Annual Fees
From Bed Spaces 24 1,262.50 363,600.00
From Commercial Spaces 4 7,575.00 363,600.00
Revenues from appliances 24 101.00 29,088.00
Total Rental Fees 756,288.00

3rd Year
Number of Clients Fees per Month Annual Fees
From Bed Spaces 24 1,275.13 367,236.00
From Commercial Spaces 4 7,650.75 367,236.00
Revenues from appliances 24 102.01 29,378.88
Total Rental Fees 763,850.88

4th Year
Number of Clients Fees per Month Annual Fees
From Bed Spaces 24 1,287.88 370,908.36
From Commercial Spaces 4 7,727.26 370,908.36
Revenues from appliances 24 103.03 29,672.67
Total Rental Fees 771,489.39

5th Year
Number of Clients Fees per Month Annual Fees
From Bed Spaces 24 1,300.76 374,617.44
From Commercial Spaces 4 7,804.53 374,617.44
Revenues from appliances 24 104.06 29,969.40
Total Rental Fees 779,204.28
 SCHEDULE 3. OPERATI NG EXPENSE

A. UTI LI TI ES

1. Powe r Cons umpt i ons ( see t abl e 3. 8) Php 2,716.38 per month X 12 months 32,597
2. Wat e r Cons umpt i on ( see Tabl e 3. 9) Php 1,366.75 per month X 12 months 16,401
3. I nt e r ne t Conne c t i on Php 1,999.00 per month X 12 months 23,988
Tot al Ut i l i t i e s 72,986

B. SALARI ES AND WAGES

De s i gnat e d Pos i t i on Dai l y Rat e Days of Wor k Mont hl y Sal ar y Ye ar 1 Ye ar 2 Ye ar 3 Ye ar 4 Ye ar s 5

Sal ar i e s and Wage s - Admi ni s t r at i ve
Bookkeeper ( Ret ai ner ) 2, 000 24, 000 24, 000 24, 000 24, 000 24, 000
Car e Taker 400 30 12, 000 144, 000 144, 000 144, 000 144, 000 144, 000
Tot al Sal ar i e s and Wage s 14, 000 168, 000 168, 000 168, 000 168, 000 168, 000

C. Fr i nge Be ne f i t s

Ye ar 1 Ye ar 2 Ye ar 3 Ye ar 4 Ye ar 5
SSS Cont r i but i on 9. 5% Empl oye r ' s Shar e
Bookkeeper ( Ret ai ner ) 2, 280 2, 280 2, 280 2, 280 2, 280
Car e Taker 13, 680 13, 680 13, 680 13, 680 13, 680
Tot al 15, 960 15, 960 15, 960 15, 960 15, 960
PHI LHEALTH Cont r i but i on 2. 5% Empl oye r ' s Shar e
Bookkeeper ( Ret ai ner ) 600 600 600 600 600
Car e Taker 3, 600 3, 600 3, 600 3, 600 3, 600
Tot al 4, 200 4, 200 4, 200 4, 200 4, 200
13TH Mont h Pay
Bookkeeper ( Ret ai ner ) 2, 000 2, 000 2, 000 2, 000 2, 000
Car e Taker 12, 000 12, 000 12, 000 12, 000 12, 000
Tot al 14, 000 14, 000 14, 000 14, 000 14, 000
Tot al Fr i nge Be ne f i t s 34, 160 34, 160 34, 160 34, 160 34, 160

SCHEDULE 4. DEPRECI ATI ON SCHEDULE Es t i mat ed

I t ems Qt y, Uni t Cos t Tot al Cos t l i f e( yrs . Year 1 Year 2 Year 3 Year 4 Year 5
Bui l di ng
Bui l di ng - 2 s t orey 1 4, 337, 200 4, 337, 200 35 117, 724 117, 724 117, 724 117, 724 117, 724
Tot al Depreci at i on 4, 337, 200 117, 724 117, 724 117, 724 117, 724 117, 724
Generat or
Generat or - Model PWH- 12500E 1 107, 500 107, 500 17 6, 007 6, 007 6, 007 6, 007 6, 007
Tot al Depreci at i on 6, 007 6, 007 6, 007 6, 007 6, 007
Wat er Tank
Wat er Tank 1 40, 000 40, 000 25 1, 520 1, 520 1, 520 1, 520 1, 520
Tot al Depreci at i on 1, 520 1, 520 1, 520 1, 520 1, 520
Furni t ure and Fi xt ures
Double Deck Bed 12 9, 500 114, 000 8 13, 538 13, 538 13, 538 13, 538 13, 538
Single Bed 1 5, 000 5, 000 8 594 594 594 594 594
Study Table with Chair 16 2, 200 35, 200 8 4, 180 4, 180 4, 180 4, 180 4, 180
Bed Mattress 25 1, 100 27, 500 5 5, 225 5, 225 5, 225 5, 225 5, 225
Dining Table Set 2 9, 000 18, 000 8 2, 138 2, 138 2, 138 2, 138 2, 138
Wooden Sofa 1 10, 000 10, 000 8 1, 188 1, 188 1, 188 1, 188 1, 188
Wall Fan 8 1, 499 11, 992 5 2, 278 2, 278 2, 278 2, 278 2, 278
Office Tables with Chairs 2 4, 500 9, 000 8 1, 069 1, 069 1, 069 1, 069 1, 069
Tot al Depreci at i on 230, 692 30, 208 30, 208 30, 208 30, 208 30, 208
Of f i ce Equi pment s
Laptap 1 18, 000 18, 000 8 2, 138 2, 138 2, 138 2, 138 2, 138
Printer 1 4, 845 4, 845 5 921 921 921 921 921
Stand Fan 2 1, 399 2, 798 7 380 380 380 380 380
CCTV Camera 2 2, 100 4, 200 10 399 399 399 399 399
Fire Extinguisher 2 1, 750 3, 500 8 416 416 416 416 416
Prepaid Home Wifi 1 1, 999 1, 999 8 237 237 237 237 237
Tot al Depreci at i on 35, 342 4, 490 4, 490 4, 490 4, 490 4, 490
RATIO ANALYSIS:
Liquity Ratio:
Year 1 Year 2 Year 3 Year 4 Year 5
Current Ratio = Current Assets / Current Liabilities 7.459 13.459 19.238 25.253 30.723

Cash to Current Assets = Cash / Current Assets 0.990 0.994 0.996 0.997 0.997

Cash to Current Liabilities Ratio = Cash / Current Liabilities 7.386 13.383 19.161 25.175 30.644

Cash Flow Ratio = Operating Cash Flow / Current Liabilities 6.976 5.998 5.976 6.013 5.965

Solvency Ratio:

Debt to Asset = Total Debt / Total Assets 0.011 0.011 0.011 0.010 0.010

Debt Equity Ratio = Total Debt / Total Equity 0.012 0.011 0.011 0.010 0.010

Financial Leverage = Total Assets / Total Equity 1.012 1.011 1.011 1.010 1.010

Profitability Ratio:

Operating Profit Ratio = Operating Income / Total Revenues 3.656 3.747 3.725 3.705 3.685

Return on Investment = Net Income / Investment 5.10% 5.02% 5.10% 5.18% 5.26%

Payback Period:
Cost of Investment, excluding Land 4,017,775
Cash Inflow:
Year 1 420,640
Year 2 361,654
Year 3 365,763
Year 4 368,050
Year 5 372,462
Year 6 376,927
Year 7 381,446
Year 8 386,019
Year 9 390,647
Year 10 395,330
Total Cash Inflow 400,070 4,219,008
Payback Period (9 years + 198,837/400,070) 9.4970058
Internal Rate of Return:
Cost of Investment, excluding Land 09/01/2024 -4,017,775
Cash Inflow Year 1 03/01/2026 420,640
Cash Inflow Year 2 03/01/2027 361,654
Cash Inflow Year 3 03/01/2028 365,763
Cash Inflow Year 4 03/01/2029 368,050
Cash Inflow Year 5 03/01/2030 372,462
Cash Inflow Year 6 03/01/2031 376,927
Cash Inflow Year 7 03/01/2032 381,446
Cash Inflow Year 8 03/01/2033 386,019
Cash Inflow Year 9 03/01/2034 390,647
Cash Inflow Year 10 03/01/2035 395,330
Cash Inflow Year 11 03/01/2036 400,070
Cash Inflow Year 12 03/01/2037 404,866
Cash Inflow Year 13 03/01/2038 409,720
IRR 2.91%