William Imperial and Jolene Imperial T/A Bobwill Realty June 15, 2000 Property Number Property Location Mortgage Lender Mortgage Balance Market Value 10 3709 Route 94 Hardyston Twp, NJ Blk.15 Lot 12 Blk.15 Lot 11 0ne family NONE NONE 115,000 11 99 Morris Tpke Randolph Twp, NJ Blk.81 Lot 43 2 0ne family Units NONE NONE 265,000 12 181 Route 10 East Hanover, NJ Blk.99 Lot 6 2 Unit Commercial Valley CMC, Inc. P.O. Box 988 Wayne, NJ 07474 Loan No. 91170 270,000 550,000 TOTALS 354,402 2,650,000 NET 2,295,598 Average Annual Income and Expenses William And Jolene Imperial T/A Bobwill Realty as of June 15, 2000 Property Number   Annual Rental Income   1   50,100 2   7,380 3   7,020 4   7,800 5   9,420 6   15,600 7   NONE 8   8,700 9   9,180 10   9,540 11   21,660 12   61,800 TOTAL 208,200 Average Annual Expenses   Annual Amount   Mortgage Payments   56,940 Property Taxes   42,056 Insurance   7,520 Legal & Management   15,522 Repair & Maintenance   12,000 Utilities   2,846 Advertising   845 Telephone   3,890 Office Expenses   1,013 Auto Expenses   2,727 Commission   1,000 Vacancy Factor (5%)   10,410 TOTAL 142,799 NET 65,401 Page 2