← 1456 W 85th St, Cleveland, OH 44102 · All properties

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## 2026-07-14

- Property Update (07/14/2026):
Hi everyone,

This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

Financial data is shown as of 2026-06.

## Cash Flow Snapshot (2026-06)

Revenue: -$242.90
Operating Expenses: -$4,862.10
NOI: -$5,105.00
Net Operating Cashflow: -$5,105.00

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: -$7,075.47 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $11,447.79 (ECO Systems General Ledger Column E (259 rows))

## 2026-07-14


- Property Update (07/14/2026):
This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

Financial data is shown as of 2026-06.

## Cash Flow Snapshot (2026-06)

Revenue: -$242.90
Operating Expenses: -$4,862.10
NOI: -$5,105.00
Net Operating Cashflow: -$5,105.00

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: -$7,075.47 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $11,447.79 (ECO Systems General Ledger Column E (259 rows))

Financial summary:
- Lofty-held current maintenance reserve: -$7,075.47
- ECO GL Column E sum: $15,847.42 (259 rows)
- Property Update (07/14/2026):
Hi everyone,

This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

Financial data is shown as of 2026-06.

## Cash Flow Snapshot (2026-06)

Revenue: -$242.90
Operating Expenses: -$4,862.10
NOI: -$5,105.00
Net Operating Cashflow: -$5,105.00

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: -$7,075.47 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $11,447.79 (ECO Systems General Ledger Column E (259 rows))

## 2026-07-14


- Property Update (07/14/2026):
This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

Financial data is shown as of 2026-06.

## Cash Flow Snapshot (2026-06)

Revenue: -$242.90
Operating Expenses: -$4,862.10
NOI: -$5,105.00
Net Operating Cashflow: -$5,105.00

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: -$7,075.47 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $11,447.79 (ECO Systems General Ledger Column E (259 rows))

Financial summary:
- Lofty-held current maintenance reserve: -$7,075.47
- ECO GL Column E sum: $11,447.79 (259 rows)
- Property Update (07/14/2026):
Hi everyone,

This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

Financial data is shown as of 2026-06.

## Cash Flow Snapshot (2026-06)

Revenue: -$242.90
Operating Expenses: -$4,862.10
NOI: -$5,105.00
Net Operating Cashflow: -$5,105.00

## Monthly Cash Position (2026-06)

Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the current complete DAO-attributed total of Column E across every row in the property-split ECO Systems GL, including accruals.

Lofty Operating Cash: -$7,075.47 (Lofty curr_maintenance_reserve)
ECO Operating Cash: $11,447.79 (ECO Systems General Ledger Column E (259 rows))

# Property Updates

## 2026-07-12

- Property Update (07/12/2026):
Hi everyone,

This month's update includes the current reviewed financial summary from the guarded monthly workflow.

Financial summary from FINANCIALS.md:

## Cash Flow Snapshot (2026-04)

**Source:** Cash Flow Statement, month `2026-04`
**Updated:** 2026-05-18

| Metric | Amount |
|---|---:|
| Revenue | $0.00 |
| Operating Expenses | $0.00 |
| NOI | $0.00 |
| Loan/CapEx/Retained Earnings | $0.00 |
| Net Operating Cashflow | $0.00 |
| Rents | $0.00 |
| Property Management Fee | $0.00 |
| Insurance | $0.00 |
| Taxes | $0.00 |
| Utilities | $0.00 |
| Repairs / Maintenance | $0.00 |
| Operating Reserve Balance | $0.00 |
| ECO Cash Balance | $0.00 |
| Mortgage Principal Balance | $0.00 |
| Estimated NAV | $0.00 |

`source_workbook: Public/07 - P&L & Owner Statements/Cash Flow Statement - 1456 W 85th St, Cleveland, OH 44102.xlsx`
<!-- AUTO:CF_PRIOR_MONTH_END -->

## Monthly Cash Position (2026-06)

Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.

| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | -$7,075.47 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | $11,690.69 | ECO Systems General Ledger Column E (258 rows) |

Financial summary:
- Lofty-held current maintenance reserve: -$7,075.47
- ECO GL Column E sum: $11,690.69 (258 rows)

## 2026-07-02

- Property Update (07/02/2026):
This month's update is limited to verified cash-position data from Lofty and ECO records. No tenant ledger rows are included.

Financial summary:
- Lofty-held current maintenance reserve: -$6,777.91
- ECO GL Column E sum: $6,203.86 (42 rows)

## 2026-07-02

- Property Update (07/02/2026):
Hi everyone,

This month's update is limited to verified cash-position data from Lofty and ECO records. No tenant ledger rows are included.

Financial summary:
- Lofty-held current maintenance reserve: -$6,777.91
- ECO GL Column E sum: $6,203.86 (42 rows)

## 2026-06-27

- Property Update (06/27/2026):
Hi everyone,

Quick update on **1456 W 85th St, Cleveland, OH 44102**:

- We are issuing a proactive owner communication to keep update cadence consistent.
- Property operations and file review are in progress.
- A fuller operational/financial update will follow after manager file reconciliation.

**What to expect next**
- Current operations snapshot
- Any material leasing/maintenance/compliance items
- Financial/reconciliation notes (if applicable)
- Next expected update timing

Financial summary:
- Lofty-held current maintenance reserve: -$6,777.91
- ECO GL Column E sum: $6,203.86 (42 rows)

## 2026-06-27

- Property Update (06/27/2026):
Financial summary:
- Lofty-held current maintenance reserve: -$6,777.91
- ECO GL Column E sum: $6,203.86 (42 rows)

## 2026-04-14

- Property Update (04/14/2026):
- We are issuing a proactive owner communication to keep update cadence consistent.
- Property operations are ongoing and stable.
- A fuller operational/financial update will follow after complete reconciliation.

- Financial Summary:
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $1,140.36 |
| Lofty Operating Cash (Unverified) | ($7,275.47) |
| Aligned Property Reserve | $1,500.00 |
| ECO Operating Cash | $4,744.59 |
| Security Deposits | ($1,790.00) |
| 2025 2nd Half Taxes Due July | ($2,399.80) |
| DAO Net Cash (Capital Call) | $(5,380.32) |
| Estimated Owners' Equity | $278,478 |
| DAO Estimated NAV Per Token | $58.58 |

- Tax Payment — $8,110.14 paid Feb 21 for delinquent + 2025 first-half taxes.
- Lofty Operating Cash — Currently at $-7,075.47. Operating with reserve deficit.
- Outstanding Liabilities — 2nd half 2025 taxes ($2,399.80) due Aug 2026.
- T-12 (2025) — Revenue $77,971, NOI ~$74,400.

## 2026-04-14

- Property Update (04/14/2026):
- Property operations are ongoing and stable.
- A fuller operational/financial update will follow after complete reconciliation.

- Financial Summary:
| Field | Value |
|-------|-------|
| Yhome Net Due TO DAO | $1,140.36 |
| Lofty Operating Cash (Unverified) | ($7,275.47) |
| Aligned Property Reserve | $1,500.00 |
| ECO Operating Cash | $4,744.59 |
| Security Deposits | ($1,790.00) |
| 2025 2nd Half Taxes Due July | ($2,399.80) |
| DAO Net Cash (Capital Call) | $(5,380.32) |
| Estimated Owners' Equity | $278,478 |
| DAO Estimated NAV Per Token | $58.58 |

- Tax Payment — $8,110.14 paid Feb 21 for delinquent + 2025 first-half taxes.
- Lofty Operating Cash — Currently at $-7,075.47. Operating with reserve deficit.
- Outstanding Liabilities — 2nd half 2025 taxes ($2,399.80) due Aug 2026.
- T-12 (2025) — Revenue $77,971, NOI ~$74,400.

## 2026-04-08

- Property Update (04/08/2026):
| Field | Value |
|-------|-------|
| ECO Operating Cash | $176.40 |
| Lofty Operating Cash | $-7,075.47 |
| Yhome Net Due TO DAO | $1,140.36 |
| Outstanding Taxes (2nd Half 2025) | $-2,399.80 |
| DAO Net Cash | $-5,114.12 |
| Estimated Owners' Equity | $278,478.00 |
| Estimated NAV/Token | $58.64 |

**Tax Payment** — $8,110.14 paid Feb 21 for delinquent + 2025 first-half taxes.

**Lofty Operating Cash** — Currently at $-7,075.47. Operating with reserve deficit.

**Outstanding Liabilities** — 2nd half 2025 taxes ($2,399.80) due Aug 2026.

**T-12 (2025)** — Revenue $77,971, NOI ~$74,400.

[ECO General Ledger](https://www.dropbox.com/scl/fi/atgprv82nnc1fdcksyd2t/ECO-Systems-General-Ledger-1456-W-85th-St.-Cleveland-OH-44102.csv)

## 2026-02-21

- Property Update (02/21/2026):
- We received an off-market offer for this property alongside several others. I have countered with 25% down to rebalance economic risk for refinance certainty at 30% equity, or 20% down with refinance certainty at 25% equity. Please join the property channel on Discord for further discussion prior to a governance vote.
- Purchase Price: $274k
- Down Payment: 12%
- Monthly payment: $611
- 88% Seller financed note @ 0% rate
- 5-year balloon with condition that refi meets 70% of loan amount or option to extend up to 8 years
- If sold individually today: List at $229,000, expect negotiation to $205k–$220k, close at or below $200k net of broker fees and closing costs. NAV <$42.90/share

- Financial Summary:
- Delinquent and first half 2025 taxes paid ($8,107.19) [Receipt](https://www.dropbox.com/scl/fi/8l3f99k61gxrcyrh3u9pi/Cuyahoga-County-Treasurer-OH-Payments-Receipt-2026-02-21-1456-W-85th-St.-Cleveland-OH-44102.pdf?rlkey=xok9ks5c2759ctr6rzuc3neyq&dl=0)
- Due FROM Yhome: $1,140.36
- Aligned Operating Cash: $3,044.39
- OR Due TO Lofty & Evernest: ($7,075.47)
- ECO Operating Cash: $176.40
- DAO Net Cash: ($2,714.32)
- Estimated Owners' Equity: $278,478
- Estimated NAV: $59.15/share

- From APG statements:
- Gross rent collected (2025): ≈ $31,843.87
- Operating expenses: ≈ $16,535.74
- 2025 NOI: $14,890.33/year ≈ $1,240/month (w/o repairs & maintenance)
- Trailing 12-month cash flow after R&M: $5,970.69/year ≈ $497.56/month (see APG statements)
- 2nd Half 2025 Taxes Due August 2026: ($2,399.80)
- [ECO Systems General Ledger](https://www.dropbox.com/scl/fi/atgprv82nnc1fdcksyd2t/ECO-Systems-General-Ledger-1456-W-85th-St.-Cleveland-OH-44102.csv?rlkey=rtb5cetsew6hiancgdljzpzgd&dl=0)
- [APG Balance Sheet, Income, & Cash Flow Statement 2025](https://www.dropbox.com/scl/fi/hd4lobrw0p57hu2o7fa4h/APG-Balance-Sheet-Income-Cash-Flow-Statement-2025-1456-W-85th-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=7chs4h6ceyxuq7tdc763szmc1&dl=0)
- [APG Owner Statement 2025-12-12 to 2026-01-14](https://www.dropbox.com/scl/fi/btnrui1l9yiuarqiiqkl8/Owner-Statement-Owner-packet-2025-12-12-to-2026-01-14-1456-W-85th-1456-W-85th-St-Cleveland-OH-44102.pdf?rlkey=fg7cz038quq220l2teztj5abz&dl=0)

## 2026-02-11

- Property Update (02/11/2026):
-