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yhome90daysperformancereport 2025-03-04 - 428 Cross St.pdf

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Description

90-Day Performance Report for Rental Property Property Address: 428 Cross St, Akron, OH 44311 Owner: Lofty Holding Reporting Period: 8/31/2024-3/5/2025 Overview This report summarizes the performance of the rental property over the past 90 days, focusing on income, expenses, and notable maintenance issues encountered during this period. Income • Total Income: $17,585.71 • Other Income:$0 • Total Income: $17,585.71 Expenses • Total Fixed Expenses: $ 2,513.57 • Total Operating Expenses: $13,877.14

Extracted Content

90-Day Performance Report for Rental Property Property Address: 428 Cross St, Akron, OH 44311 Owner: Lofty Holding Reporting Period: 8/31/2024-3/5/2025 Overview This report summarizes the performance of the rental property over the past 90 days, focusing on income, expenses, and notable maintenance issues encountered during this period. Income • Total Income: $17,585.71 • Other Income:$0 • Total Income: $17,585.71 Expenses • Total Fixed Expenses: $ 2,513.57 • Total Operating Expenses: $13,877.147 • Total Expenses: $16,390.71 Maintenance Issues Summary 1. GM: Multiple problem reported, and we were able to resolve the issues, most of them were general Maintenance item. 2. No significant problem reported 3. Total of general maintenance and seasonal maintenance related to hvac, furnace tune up etc. 4. Eviction was in process and still in process, one tenant on payment plan to clear eviction 5. Legal fees • Total Maintenance Costs: $9,328.147 Key Highlights • Vacancy Rate: Now fully occupied with a possible move out 5/2025 • Tenant Feedback: Tenants are currently happy, and all reported problems have been taken care of and for those that are behind in their payment, payment plan are ini