yhomepl 2025-03-15 (unverified) - 428 Cross St.pdf

428 Cross Street Akron, OH 44311 Dear Lofty, I hope this letter finds you well. I am writing to provide you with a detailed overview of the loan associated with your property at 428 Cross St, Akron, OH 44311. Below are the specific components of the loan and their respective amounts: 1. Capital Call: $0 (As far as Yhome is aware) 2. Yhome Loan: $2,500 3. Yhome Fees, PM Fees, and Loan Fees, Market Analysis and appraisal fees: $1423 4. Recording fees: 450$ 5. Accrued Interest (6.99%): 176.01 These fees cover the costs associated with securing the loan and ensuring that it is appropriately recorded. The total amount due for the loan is $4373 Thank you for your attention to this matter. Paid off: Amount $4,549.01 Profit and Loss Statement for Rental Property Property Address: 428 Cross Street, Akron, OH 44311 Owner: Lofty Holding Reporting Period: 8/1/2024-3/5/2025 Income • • • Rental Income: $14,234.50 Other Income (security deposit: $795 Reserve: $2,556.21 • Total Income: $17,585.71 Expenses 1. Fixed Expenses (70% Distribution) a. Property Taxes: $1,908.63 b. Insurance: $ 604.94 (estimated based on last year) c. Total Fixed Expenses: $2,513.57 2. Operating Expenses (30% Distribution)