← 1456 W 85th St, Cleveland, OH 44102 · Portfolio index
UPDATES.md
| Property | 1456 W 85th St, Cleveland, OH 44102 |
|---|---|
| Section | 00 - README & Property Snapshot |
| Category | text |
| Relative path | 00 - README & Property Snapshot/UPDATES.md |
| Source path | /mnt/c/Users/digit/Dropbox/Real Estate/OH/1456 W 85th St, Cleveland, OH 44102/Public/00 - README & Property Snapshot/UPDATES.md |
| Modified UTC | 2026-05-19T00:43:39.0000000Z |
| Size bytes | 49829 |
| Extraction method | plain-text |
Extracted Content
## 2026-04-14 - Property Update (4/14/2026): - We are issuing a proactive owner communication to keep update cadence consistent. - Property operations are ongoing and stable. - A fuller operational/financial update will follow after complete reconciliation. - Financial Summary: | Field | Value | |-------|-------| | Yhome Net Due TO DAO | $1,140.36 | | Lofty Operating Cash (Unverified) | ($7,275.47) | | Aligned Property Reserve | $1,500.00 | | ECO Operating Cash | $4,744.59 | | Security Deposits | ($1,790.00) | | 2025 2nd Half Taxes Due July | ($2,399.80) | | DAO Net Cash (Capital Call) | $(5,380.32) | | Estimated Owners' Equity | $278,478 | | DAO Estimated NAV Per Token | $58.58 | - Tax Payment — $8,110.14 paid Feb 21 for delinquent + 2025 first-half taxes. - Lofty Operating Cash — Currently at $-7,075.47. Operating with reserve deficit. - Outstanding Liabilities — 2nd half 2025 taxes ($2,399.80) due Aug 2026. - T-12 (2025) — Revenue $77,971, NOI ~$74,400. ## 2026-02-21 - Property Update (02/21/2026): - We received an off-market offer for this property alongside several others. I have countered with 25% down to rebalance economic risk for refinance certainty at 30% equity, or 20% d