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2026-06-FINANCIALS-approved - 254 Bowmanville St, Akron, OH 44305.md

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Property	254 Bowmanville St, Akron, Ohio 44305
Folder	README & Property Snapshot
Kind	Text
Updated	2026-06-27
Dropbox path	`00 - README & Property Snapshot/2026-06-FINANCIALS-approved - 254 Bowmanville St, Akron, OH 44305.md`

About This File

Financial Data Status: 🏁 SOLD — Property divested Last Updated: 2026-04-05 Source: Lofty PM Data Entry + Summit Treasurer + Obie Insurance Investment Summary · Field · Value · Total Investment · *(verify)* · Sale Price · *(verify)* · Monthly Rent · ~$925 (per Lofty PM Data Entry) · Income · Field · Value · Monthly Gross Rent · ~$925 · Insurance - Annual Premium: $465.03 Property Management - PM Fee Rate: 10.0% of gross rents - DAO LLC Fee: $750.00/year - Annual PM Fee (est.): $1,110.00 (based on $925.00/month rent) Annual Expenses · Field · Value · Source · Property Taxes · *(check Summit treasurer)* · Summit County — verify 2025 · Homeowners Insurance · CANCELLED · Obie 2025 term cancelled Feb 2025 · Property Management · ECO Systems · Utilities Water/Sewer · $869.06 · Total Annual OpEx · ~$2,000 (est.) · - Utilities Water/Sewer: $869.06 Operating Reserve · Field · Value · Source ·…

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# Financial Data

**Status:** 🏁 **SOLD** — Property divested


**Last Updated:** 2026-04-05
**Source:** Lofty PM Data Entry + Summit Treasurer + Obie Insurance

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | *(verify)* |
| Sale Price | *(verify)* |
| Monthly Rent | ~$925 (per Lofty PM Data Entry) |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | ~$925 |

## Insurance

- **Annual Premium:** $465.03



## Property Management

- **PM Fee Rate:** 10.0% of gross rents
- **DAO LLC Fee:** $750.00/year
- **Annual PM Fee (est.):** $1,110.00 (based on $925.00/month rent)

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | *(check Summit treasurer)* | Summit County — verify 2025 |
| Homeowners Insurance | **CANCELLED** | Obie 2025 term cancelled Feb 2025 |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $869.06|
| **Total Annual OpEx** | **~$2,000** (est.) | |

- **Utilities Water/Sewer:** $869.06
## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |
| Current Maintenance Reserve | $-6,656.11 | LoftyAssist |

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

> ⚠️ **Insurance cancelled Feb 2025** — verify replacement coverage.

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

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*Updated 2026-04-04. Insurance = Obie CANCELLED Feb 2025. Taxes = Summit County — verify current.*