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2026-06-FINANCIALS-approved - 1456 W 85th St, Cleveland, OH 44102.md

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Financial Data **Last Updated:** 2026-04-06 **Source:** Lofty PM Data Entry + Cash Flow Statement (CSV P&L) + Cuyahoga Treasurer + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · $501,200.00 · · Sale Price · *(verify from Lofty)* · · Monthly Rent · $2,790.84 current leased rent ($2,765.84 base + $25.00 pet rent) · ## Income (T-12 Actuals 2025) · Field · Value · · ------- · ------- · · Total Rent Collected · $75,781.20 · · Fees & Other Revenue · $2,190.

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# Financial Data

**Last Updated:** 2026-04-06
**Source:** Lofty PM Data Entry + Cash Flow Statement (CSV P&L) + Cuyahoga Treasurer + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | $501,200.00 |
| Sale Price | *(verify from Lofty)* |
| Monthly Rent | $2,790.84 current leased rent ($2,765.84 base + $25.00 pet rent) |

## Income (T-12 Actuals 2025)
| Field | Value |
|-------|-------|
| Total Rent Collected | $75,781.20 |
| Fees & Other Revenue | $2,190.00 |
| **Total Revenue** | **$77,971.20** |
| Average Monthly Rent | ~$6,315 |

## Insurance

- **Annual Premium:** $2,914.80



## Property Management

- **PM Fee Rate:** 15.0% of gross rents
- **DAO LLC Fee:** $750.00/year

- **Gross Monthly Rent:** $2,790.84 current leased rent ($2,765.84 base + $25.00 pet rent)

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | $2,399.80 | Cuyahoga County - Current Balance
| Homeowners Insurance | $3,335.85/yr | Obie 2026 term — Partial Paid |
| Property Management | ~15% gross | ECO Systems |
| Repairs & Maintenance | $440 (2025 actual) | Cash Flow Statement |
| Utilities | $0| Cash Flow Statement |
| Utilities Water/Sewer | $4,149.28|
| **Total Annual OpEx** | **~$15,000** (est.) | |

## T-12 Financials (2025 Actual)
| Metric | Value |
|--------|-------|
| Total Revenue | $77,971.20 |
| Total Operating Expenses | ~$3,500 |
| **NOI** | **~$74,400** |

## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |
| Current Maintenance Reserve | $-7,075.47 | LoftyAssist |
| OR Replenishment | Per policy | |

## Current Month Distribution
| Field | Value |
|-------|-------|
| Distribution | **$0.00** |

## Calculated Metrics
| Field | Value |
|-------|-------|
| Cap Rate | *(calc from Total Investment)* |
| Cash-on-Cash Return | 0% (pending distribution data) |

---
*Updated 2026-04-06. T-12 from Cash Flow Statement CSV. Taxes = Cuyahoga County 2025 1st half × 2 (estimated). Insurance = Obie 2026 term current premium. Strong rent collection through 2025.*

## Monthly Cash Position (2026-06)

| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | -$6,777.91 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | $6,203.86 | ECO Systems General Ledger Column E (42 rows) |