RE: PO spreadsheets

Jim,

 -----Original Message-----

From:   James Wills <jwills3@swbell.net>@ENRON 

Sent:   Tuesday, November 20, 2001 8:56 AM

To:     pallen70@hotmail.com; pallen@enron.com

Subject:        PO spreadsheets

Phillip,

Hope you are doing well this week, and have great plans for Turkeyday!!

We'll be with family in Austin, and kind of on a maiden voyage in our

'83 Avion that we're upgrading for camping!

Here's a look at three post offices in a slightly different manner.

Remember that the Roma one is about 5 years old, was a 15 yr lease

originally. The other two are new.

The Roma is like buying a savings account. It would be paid off in 10

years, you would reap some cash flow during that period, then the bonus

kicks in after that with the 10 yr. renewals at a higher lease income

after it's paid off. It would probably go beyond another 10 years. Cash

on cash returns don't mean as much on shorter amoritazations like Roma.

We have shown this info and flyers to several people, so do let us know

if you are interested in any of them...I really don't think they will

last long. With best regards, Jim Wills

 - new analysis.xls << File: new analysis.xls >>