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Financial Summary - Content XXH3_2ba98ec - 3850 W 17th St, Cleveland, Ohio 44109.md

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Property3850 W 17th St, Cleveland, Ohio 44109
FolderREADME & Property Snapshot
KindText
Updated2026-04-08
Dropbox path00 - README & Property Snapshot/Financial Summary - Content XXH3_2ba98ec - 3850 W 17th St, Cleveland, Ohio 44109.md

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Financial Data **Last Updated:** 2026-04-06 **Source:** Lofty PM Data Entry + Cash Flow Statement + Cuyahoga Tax Bill + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · *(verify)* · · Sale Price · *(verify)* · · Monthly Rent · *(verify)* · ## Income · Field · Value · · ------- · ------- · · Monthly Gross Rent · *(verify from lease)* · $3,080.00 ## Insurance - **Annual Premium:** $1,649.55 ## Property Management - **PM Fee Rate:** 15.0% of gross rents$3,0

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# Financial Data

**Last Updated:** 2026-04-06
**Source:** Lofty PM Data Entry + Cash Flow Statement + Cuyahoga Tax Bill + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | *(verify)* |
| Sale Price | *(verify)* |
| Monthly Rent | *(verify)* |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | *(verify from lease)* |$3,080.00

## Insurance

- **Annual Premium:** $1,649.55



## Property Management

- **PM Fee Rate:** 15.0% of gross rents$3,080.00
- **DAO LLC Fee:** $750.00/year

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | ~$6,366 (est.) | Cuyahoga 2025 — Taxable value $24,650; 1st half $3,183.14 × 2 |
| Homeowners Insurance | $1,879.50/yr | Obie 2026 term — Partial Paid |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $5,759.24|
| **Total Annual OpEx** | **~$8,500** (est.) | |

- **Utilities Water/Sewer:** $5,759.24
## T-12 Financials (from Cash Flow Statement)
Cash flow shows:
- Tax payment: ~$824.82 (one period)
- Owner contribution: $1,000 (one period)
- Utilities: $50
- Repair: $99

## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |
| Current Maintenance Reserve | $-12,693.53 | LoftyAssist |
| OR Replenishment | Per policy | |

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

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

---
*Updated 2026-04-04. Taxes = Cuyahoga County 2025 1st half × 2 (estimated from tax bill). Insurance = Obie 2026 term $156.63/mo. Cash flow statement shows minimal activity — need lease data for occupancy/rent.*