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07 - P&L & Owner Statements - Financials Summary - 3024 W. 103rd Street, Cleveland, OH 44111.md

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Financial Data **Status:** 🏁 **SOLD** — Property divested **Last Updated:** 2026-04-05 **Source:** Lofty PM Data Entry + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · *(verify)* · · Sale Price · *(verify)* · · Monthly Rent · ~$1,163 (per Lofty PM Data Entry) · ## Income · Field · Value · · ------- · ------- · · Monthly Gross Rent · ~$1,163 · ## Insurance - **Annual Premium:** $1,163.40 ## Property Management - **PM Fee Rate:** 10.0% of gross rents

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# Financial Data

**Status:** 🏁 **SOLD** — Property divested


**Last Updated:** 2026-04-05
**Source:** Lofty PM Data Entry + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | *(verify)* |
| Sale Price | *(verify)* |
| Monthly Rent | ~$1,163 (per Lofty PM Data Entry) |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | ~$1,163 |

## Insurance

- **Annual Premium:** $1,163.40

## Property Management

- **PM Fee Rate:** 10.0% of gross rents
- **DAO LLC Fee:** $750.00/year

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | ~$4,847 (est.) | Cuyahoga — Lofty PM Data Entry shows $2,423.57 (likely 1st half) |
| Homeowners Insurance | *(Obie 2026 cancelled)* | Policy cancelled for 2026 term |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $1,604.64|
| **Total Annual OpEx** | **~$5,500** (est.) | |

- **Utilities Water/Sewer:** $1,604.64
## T-12 Financials
From Cash Flow Statement:
- Rent: $177.25, $1,155.50, $302.74 (sparse data)
- Large transfer: -$15,953.30 (outgoing)
- Reverse: +$15,953.30 (incoming)

## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |

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

> ⚠️ **Insurance cancelled for 2026 term** — verify replacement coverage.

## Calculated Metrics
| Field | Value |
|-------|-------|
| Cap Rate | *(pending)* |
| Cash-on-Cash Return | 0% |

---
*Updated 2026-04-04. Insurance = Obie 2026 term CANCELLED. Taxes = Lofty PM Data Entry figure (likely 1st half; full year est. $4,847). Cash flow shows large transfers — needs investigation.*