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Renovations & Updates - 2025-04-16 - 1432 Sara Ave, Akron, OH 44305.docx

Generated 2026-07-01T16:39:32.685095+00:00 from live Dropbox Public folders.

Description

🏠 Investor Report – 1432 Sara Ave, Akron, OH 44305 Generated: April 16, 2025 📍 Property Overview • Address : 1432 Sara Ave, Akron, OH 44305 • Type : Single-Family Home (SFH) • Size : 1,056 sqft • Bedrooms/Bathrooms : 3BD / 1BA • Tenant Status : Vacated on April 4, 2025 • Operating Reserve Balance : $271.66 📊 Financial Overview 🔌 Outstanding Utility Balances (as of March 11, 2024): $679.71 • Dominion Energy: $126.59 • City of Akron Water: $179.87 • FirstEnergy: $294.71 (appears paid in Jan 2025 –

Extracted Content

🏠 Investor Report – 1432 Sara Ave, Akron, OH 44305 Generated: April 16, 2025 📍 Property Overview • Address : 1432 Sara Ave, Akron, OH 44305 • Type : Single-Family Home (SFH) • Size : 1,056 sqft • Bedrooms/Bathrooms : 3BD / 1BA • Tenant Status : Vacated on April 4, 2025 • Operating Reserve Balance : $271.66 📊 Financial Overview 🔌 Outstanding Utility Balances (as of March 11, 2024): $679.71 • Dominion Energy: $126.59 • City of Akron Water: $179.87 • FirstEnergy: $294.71 (appears paid in Jan 2025 – confirm) • Akron Trash Services: $78.54 💵 January 2025 Transactions: • Rent Collected: $900 • Expenses: • Plumbing Repair: $165 • Property Management Fee: $90 • Lawn/Snow Service: $60 • Electric Utility Payment: $294 Net Operating Income (before debt service): ~$291 📄 Loan Overview & History ✅ Active Lending DAO Loan: • Amount : $8,950 • Loan Date : March 26, 2024 • Interest : 15% APR compounded monthly • Maturity : March 26, 2027 • Servicer : Lofty.ai • Repayment Rule : • If Operating Reserve is <50% full, split NOI 50/50 between Reserve & loan • If Reserve ≥50%, all NOI goes to pay down the loan ❌ Canceled Yhome Loan Proposal: • Total Package : $12,881.97 • Breakdown : • Capital Call: $8,