2026-06-FINANCIALS-approved - 428 Cross St, Akron, OH 44311.md

# Financial Data

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

## Investment Summary
| Field | Value |
|-------|-------|
| Total Investment | $299,804.00 |
| Sale Price | *(verify)* |
| Monthly Rent | ~$1,920 (per Lofty PM Data Entry) |

## Income
| Field | Value |
|-------|-------|
| Monthly Gross Rent | ~$1,920 |

## Insurance

- **Annual Premium:** $1,920.45



## Property Management

- **PM Fee Rate:** 15.0% of gross rents
- **DAO LLC Fee:** $750.00/year
- **Annual PM Fee (est.):** $3,456.00 (based on $1,920.00/month rent)

## Annual Expenses
| Field | Value | Source |
|-------|-------|--------|
| Property Taxes | *(check Summit treasurer)* | Summit County — payment receipt Mar 2026 confirmed |
| Homeowners Insurance | $2,172.45/yr ($181.04/mo) | Obie 2026 term — Partial Paid |
| Property Management | | ECO Systems |
| Utilities Water/Sewer | $1,511.88|
| **Total Annual OpEx** | **~$4,500** (est.) | |

- **Utilities Water/Sewer:** $1,511.88
## Operating Reserve
| Field | Value | Source |
|-------|-------|--------|
| Current OR Balance | See ECO GL | |

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

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

---
*Updated 2026-04-04. Insurance = Obie 2026 term $181.04/mo. Taxes = Summit County — full year amount needed. Payment receipt confirmed Mar 2026.*

## Monthly Cash Position (2026-06)

| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | -$4,568.38 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | -$8,070.18 | ECO Systems General Ledger Column E (174 rows) |