← 3850 W 17th St, Cleveland, Ohio 44109 · Portfolio index

UPDATES.md

Generated 2026-07-11T13:29:27.104752+00:00 from live Dropbox Public folders.

Extracted Content

# Property Updates Source: Lofty listing update history and existing Public update notes. - **Property Update (4/6/2026):** - Yhome Transition Reconciliation (as of 2026-04-06 via Lofty PM/Yhome Transition Reconciliation.xlsx): | Field | Value | |-------|-------| | Yhome Net Due TO DAO | $-9,633.29 | | Lofty Operating Cash | $-11,936.64 | | ECO Operating Cash | $-5,482.82 | | Outstanding Liabilities (Unpaid Bills) | $-5,410.50 | | DAO Net Cash (Capital Call) | $-38,250.48 | | Estimated Owners' Equity | $127,840.00 | | DAO Estimated NAV Per Token | $26.87 | | DAO Tokens | 3334 | | Current PM | ECO (Selling) | - **Property Update (12/18/2025):** - A new 8-month lease (12/29/2025-08/31/2026) for Apt 2 has been signed at $745/month. - The DAO currently owes $29,075.48 between Yhome, Aligned, ECO Systems, Lofty, and unpaid taxes. All financial statements are in the the Financials subfolder in Dropbox. - With a projected net cashflow of $823/month, it will take almost 4 years at 12% interest rate amortized to zero out this $29k debt. - NAV is ~$47.95/share at a $201k AVM per [LoftyAssist](https://www.loftyassist.com/properties/01FTHEFJPXP17ENCEMWQMCHNXQ). This estimate has not been evalu