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Financial Summary - 428 Cross St, Akron, OH 44311.md

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Financial Data **Last Updated:** 2026-04-06 **Source:** Lofty PM Data Entry + Summit Treasurer + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · $299,804.00 · · Sale Price · *(verify)* · · Monthly Rent · ~$1,920 (per Lofty PM Data Entry) · ## Income · Field · Value · · ------- · ------- · · Monthly Gross Rent · ~$1,920 · ## Insurance - **Annual Premium:** $1,920.45 ## Property Management - **PM Fee Rate:** 15.0% of gross rents - **DAO LLC Fee:** $750.0

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# Financial Data

**Last Updated:** 2026-04-06
**Source:** Lofty PM Data Entry + Summit Treasurer + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | $299,804.00 |
| Sale Price | *(verify)* |
| Monthly Rent | ~$1,920 (per Lofty PM Data Entry) |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | ~$1,920 |

## Insurance

- **Annual Premium:** $1,920.45



## Property Management

- **PM Fee Rate:** 15.0% of gross rents
- **DAO LLC Fee:** $750.00/year
- **Annual PM Fee (est.):** $3,456.00 (based on $1,920.00/month rent)

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | *(check Summit treasurer)* | Summit County — payment receipt Mar 2026 confirmed |
| Homeowners Insurance | $2,172.45/yr ($181.04/mo) | Obie 2026 term — Partial Paid |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $1,511.88|
| **Total Annual OpEx** | **~$4,500** (est.) | |

- **Utilities Water/Sewer:** $1,511.88
## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |

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

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

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*Updated 2026-04-04. Insurance = Obie 2026 term $181.04/mo. Taxes = Summit County — full year amount needed. Payment receipt confirmed Mar 2026.*