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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: $4,529.92 Operating Expenses: -$3,486.12 NOI: $1,043.80 Net Operating Cashflow: $1,043.80 ## Monthly Cash Position (2026-06) Revenue and operating expenses are scoped to the reporting month. ECO Operating Cash is the cur

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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: $4,529.92
Operating Expenses: -$3,486.12
NOI: $1,043.80
Net Operating Cashflow: $1,043.80

## 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: $161.12 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$286.02 (ECO Systems General Ledger Column E (451 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: $4,529.92
Operating Expenses: -$3,486.12
NOI: $1,043.80
Net Operating Cashflow: $1,043.80

## 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: $161.12 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$286.02 (ECO Systems General Ledger Column E (451 rows))

Financial summary:
- Lofty-held current maintenance reserve: $161.12
- ECO GL Column E sum: $1,147.95 (524 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: $4,529.92
Operating Expenses: -$3,486.12
NOI: $1,043.80
Net Operating Cashflow: $1,043.80

## 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: $161.12 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$286.02 (ECO Systems General Ledger Column E (451 rows))

<!-- NY_HI_ACCRUAL_RECONCILIATION_START -->
## Accrual Funding Reconciliation (2026-07-15)

The ECO GL begins `2025-07-01`, the first day of the month before the first token sale on `2025-08-25`. Earlier rows are excluded from this DAO's GL.

- ECO GL Column E accounting position: **$1,147.95**.
- Open accrual requirement: **$23,324.20** (legal dao payable $687.50, pm payable $2,607.92, wesley component flood insurance $1,228.64, wesley component interest $9,435.51, wesley component principal $1,420.56, wesley component taxes insurance $7,944.07, wesley mortgage payable $20,028.78).
- Other accounts payable / receivable: **$5,608.22 AP** and **$754.86 AR**.
- Live unrestricted DAO bank cash: **$8,915.67**.
- Restricted cash excluded from ordinary funding: **$0.00**.
- Bank funding gap after net AR/AP: **$19,261.89 underfunded**; surplus **$0.00**.
- 2026 retained-capital model: retained $2,216.82; ECO principal/interest debt $0.00.

Column E is the accounting/CF-close position, not current bank cash. Month-end reset and capital-close rows remain in Column E but are non-cash and are excluded from every inter-DAO transfer and bank-underfunding calculation. A positive Column E balance therefore does not by itself mean the bank has enough cash to pay open accruals.

Current net cash schedule affecting this DAO:
  - Pay Wesley Babcock: $20,028.78 (funding required before full transfer)
  - Pay ECO Systems LLC: $7,730.71 (funding required before full transfer)
  - Pay Heron LFTY0314 DAO LLC: $1,172.93 (funding required before full transfer)
  - Receive from Goose LFTY0320 DAO LLC: $451.50
  - Receive from Strawberry LFTY402 DAO LLC: $97.57
  - Receive from Kiwi LFTY400 DAO LLC: $80.00
  - Receive from Lofty Holding 15555 Millard Avenue DAO LLC: $70.00
  - Receive from Snow Leopard LFTY0439 DAO LLC: $55.79

Taxes, insurance, and escrow accruals are reserve requirements rather than immediate external payment instructions. Transfers marked funding required should not be executed in full until the incoming reimbursements, reserve top-up, or approved financing is available.
<!-- NY_HI_ACCRUAL_RECONCILIATION_END -->
## 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: $4,529.92
Operating Expenses: -$3,486.12
NOI: $1,043.80
Net Operating Cashflow: $1,043.80

## 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: $161.12 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$286.02 (ECO Systems General Ledger Column E (451 rows))

Financial summary:
- Lofty-held current maintenance reserve: $161.12
- ECO GL Column E sum: $1,147.95 (522 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: $4,529.92
Operating Expenses: -$3,486.12
NOI: $1,043.80
Net Operating Cashflow: $1,043.80

## 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: $161.12 (Lofty curr_maintenance_reserve)
ECO Operating Cash: -$286.02 (ECO Systems General Ledger Column E (451 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 (2026-06)

| Metric | Amount |
|---|---:|
| Revenue | $0.00 |
| Operating Expenses | $0.00 |
| NOI | $0.00 |
| Net Operating Cashflow | $0.00 |

## 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 | $161.12 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | -$475.58 | ECO Systems General Ledger Column E (433 rows) |

## Source Evidence

| Field | Value |
|---|---|
| Source month | 2026-06 |
| ECO GL source | `[local-path]/Users/digit/Dropbox/Real Estate/NY/84 Madison Ave Public/07 - P&L & Owner Statements/ECO Systems General Ledger - 84 Madison Ave.csv` |
| Source-month dated rows | 0 |
| Revenue bucket count | 0 |
| Operating expense bucket count | 0 |
| ECO GL Column E rows | 433 |
| ECO GL Column E sum | -$475.58 |

Financial summary:
- Lofty-held current maintenance reserve: $161.12
- ECO GL Column E sum: -$475.58 (433 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: $411.12
- ECO GL Column E sum: $47.76 (437 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: $411.12
- ECO GL Column E sum: $47.76 (437 rows)

## 2025-11-15

- Property Update (11/15/2025):
- Owners will be receiving the net cash flow for October on a daily basis from November 15th through December 14th.
    - October's net cash flow totaled $1,494.00, compared to September's net cash flow of $884.97 (69% increase).
    - [P&L Statement](https://www.dropbox.com/scl/fi/znde8cuk5q055k39z8bxh/Cash-Flow-Statement-84-Madison-Ave-Albany-NY-12202.xlsx?rlkey=f07igfeb0gzqaqmiboolsn975&dl=0)
    - [View Maintenance Log](https://docs.google.com/spreadsheets/d/1pxDWSGpQJs4SeOVxK5NRGlKnXI0qWlV_ulo1ewKGzkM/edit?usp=sharing)
    - Note that cleaning, repairs, and maintenance for the prior month are accounted for the following month, i.e. October R&M will come out of November NOI (or reserves).
    - All financial data are in [Dropbox](https://asset.lofty.ai/LFTY0431) and Metrics are in [Hospitable](https://share.hospitable.com/metrics/49a774a5-2d60-4dce-adff-17e2a0091df8). Email earl@earlbnb.com if something is missing.