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07 - P&L & Owner Statements - Financials Summary - 1278 E 187th St, Cleveland, OH 44110.md

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Property1278 E 187th St, Cleveland, OH 44110
FolderREADME & Property Snapshot
KindText
Updated2026-05-30
Dropbox path00 - README & Property Snapshot/07 - P&L & Owner Statements - Financials Summary - 1278 E 187th St, Cleveland, OH 44110.md

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Financial Data Last Updated: 2026-04-06 Source: Lofty PM Data Entry + Cuyahoga Treasurer + Obie Insurance Investment Summary · Field · Value · Total Investment · *(verify)* · Sale Price · *(verify)* · Monthly Rent · ~$1,292 (per Lofty PM Data Entry) · Income · Field · Value · Monthly Gross Rent · ~$1,292 · Insurance - Annual Premium: $1,291.50 Property Management - PM Fee Rate: 10.0% of gross rents - DAO LLC Fee: $750.00/year - Annual PM Fee (est.): $1,550.40 (based on $1,292.00/month rent) Annual Expenses · Field · Value · Source · Property Taxes · $877.97 · Cuyahoga County - Current Balance · Homeowners Insurance · $1,485.75/yr ($123.82/mo) · Obie 2026 term — Partial Paid · Property Management · ECO Systems · Utilities Water/Sewer · $1,183.82 · Total Annual OpEx · ~$5,500 (est.) · - Utilities Water/Sewer: $1,183.82 T-12 Financials From Lofty PM Data Entry; actual cash flow statement…

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# Financial Data **Last Updated:** 2026-04-06 **Source:** Lofty PM Data Entry + Cuyahoga Treasurer + Obie Insurance ## Investment Summary | Field | Value | |-------|-------| | Total Investment | *(verify)* | | Sale Price | *(verify)* | | Monthly Rent | ~$1,292 (per Lofty PM Data Entry) | ## Income | Field | Value | |-------|-------| | Monthly Gross Rent | ~$1,292 | ## Insurance - **Annual Premium:** $1,291.50 ## Property Management - **PM Fee Rate:** 10.0% of gross rents - **DAO LLC Fee:** $750.00/year - **Annual PM Fee (est.):** $1,550.40 (based on $1,292.00/month rent) ## Annual Expenses | Field | Value | Source | |-------|-------|--------| | Property Taxes | $877.97 | Cuyahoga County - Current Balance | Homeowners Insurance | $1,485.75/yr ($123.82/mo) | Obie 2026 term — Partial Paid | | Property Management | | ECO Systems | | Utilities Water/Sewer | $1,183.82| | **Total Annual OpEx** | **~$5,500** (est.) | | - **Utilities Water/Sewer:** $1,183.82 ## T-12 Financials From Lofty PM Data Entry; actual cash flow statement not yet integrated. ## Operating Reserve | Field | Value | Source | |-------|-------|--------| | Current OR Balance | See ECO GL | | | Current Maintenance Reserve |