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07 - P&L & Owner Statements - Financials Summary - 8708 Willard Avenue, Cleveland, OH 44102.md

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Property8708 Willard Ave, Cleveland, OH 44102
FolderREADME & Property Snapshot
KindText
Updated2026-04-08
Dropbox path00 - README & Property Snapshot/07 - P&L & Owner Statements - Financials Summary - 8708 Willard Avenue, Cleveland, OH 44102.md

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Financial Data **Last Updated:** 2026-04-06 **Source:** Lofty PM Data Entry + Obie Insurance ## Investment Summary · Field · Value · · ------- · ------- · · Total Investment · *(verify)* · · Sale Price · *(verify)* · · Monthly Rent · *(verify)* · ## Income (T-12 Actuals) · Field · Value · · ------- · ------- · · Total Rent Collected · *(pending)* · · Fees & Other Revenue · $0 · · **Total Revenue** · ***(pending)*** · · Average Monthly Rent · *(pending)* · ## Insurance - **Annual Premium:** $1,273.65 #

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# Financial Data

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

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

## Income (T-12 Actuals)
| Field | Value |
|-------|-------|
| Total Rent Collected | *(pending)* |
| Fees & Other Revenue | $0 |
| **Total Revenue** | ***(pending)*** |
| Average Monthly Rent | *(pending)* |

## Insurance

- **Annual Premium:** $1,273.65

## Property Management

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

- **Gross Monthly Rent:** $1,079.95

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | $877.97 | Cuyahoga County - Current Balance
| Homeowners Insurance | $1,273.65 | Obie Insurance |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $0 |
| **Total Annual OpEx** | ***(pending)*** | |

## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |
| Current Maintenance Reserve | $-5,789.61 | LoftyAssist |

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

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

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*Updated 2026-04-05. Insurance data from Obie Insurance Premiums.xlsx.*