99 - Miscellaneous - 7411-elton-dao-financial-summary - 7411 Elton Ave, Cleveland, OH 44102.md

# 7411 Elton Ave — DAO Financial Summary & NAV Calculation

**Property:** 7411 Elton Ave, Cleveland, OH 44102
**DAO LLC:** Lofty Holding 7411 Elton Ave DAO LLC
**Lofty Asset Unit:** LFTY0115
**Total Tokens:** 2,464
**Settlement Date:** March 16, 2026 | Disbursement: March 17, 2026
**Calculation Date:** April 2, 2026

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## HUD-1 Settlement Summary

| Line | Item | Amount |
|------|------|--------|
| 401 | Contract Sales Price | $42,000.00 |
| 502 | Settlement Charges (commissions + title + fees) | ($4,298.50) |
| 508 | Water/Sewer Credit to Buyer | ($2,548.49) |
| 511 | County Taxes Credit to Buyer (07/01/25–03/17/26) | ($1,167.44) |
| **520** | **Total Reductions** | **($8,014.43)** |
| **603** | **Cash to Seller** | **$33,985.57** |

*Settlement Agent: Golden Eagle Title & Escrow, Inc.*
*Disbursement Date: March 17, 2026 — Wire sent to Lofty*

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## DAO Net Cash Position

| Item | Amount |
|------|--------|
| Cash to Seller (Line 603) | $33,985.57 |
| GL Cash Balance (as of 3/31/26) | ($26.61) |
| Nathan Payment (4/2/26 — not in GL) | ($2,387.97) |
| Adjusted GL Cash | ($2,414.58) |
| Less: EARLDAO Accrued Interest | ($2.83) |
| Less: ECO Systems 1.5% Transaction Coordination Fee | ($630.00) |
| **DAO Net Cash** | **$30,938.16** |

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## NAV Per Token

| Item | Amount |
|------|--------|
| DAO Net Cash | $30,938.16 |
| Total Tokens | 2,464 |
| **NAV Per Token** | **$12.56** |

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## ECO Systems LLC — 1.5% Transaction Coordination Fee

| Item | Amount |
|------|--------|
| Gross Sale Price | $42,000.00 |
| Fee Rate | 1.5% |
| **ECO TC Fee** | **$630.00** |

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## Maintenance Reserve

| Item | Amount |
|------|--------|
| Current Reserve Balance (LoftyAssist) | ($10,813.88) |
| Status | **DEFICIT** |

*Note: Maintenance reserve deficit is a separate tracking item; not deducted from sale proceeds. Represents cumulative repair/turn costs that exceeded reserve.*

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## Settlement Charges Breakdown (Line 502 = $4,298.50)

| Item | Amount |
|------|--------|
| Total Commissions (Line 700) | $3,260.00 |
| — to Keller Williams Living | $2,000.00 |
| — to Keller Williams Greater Cleveland Northeast | $1,260.00 |
| Settlement Fee (Golden Eagle Title) | $350.00 |
| Wire Fee | $35.00 |
| Courier Fee | $50.00 |
| Exam Fee | $150.00 |
| Binder Fee | $50.00 |
| CPL (Golden Eagle Title) | $243.60 |
| Filing Fee | $168.00 |
| Cleveland Disclosure | $60.00 |
| Closing Coordination (Certified Signer Nationwide LLC) | $175.00 |
| Transfer Fee | $0.50 |
| **Total** | **$4,298.50** |

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## Settlement Documents

- **Seller Closing Package (HUD-1):** `Seller Closing Package - 7411 Elton Ave.pdf`
- **Settlement Date:** March 16, 2026
- **Disbursement Date:** March 17, 2026
- **Buyer:** Imperium Enterprises LLC
- **Seller:** Lofty Holding 7411 Elton Ave DAO LLC
- **Settlement Agent:** Golden Eagle Title & Escrow, Inc., Hudson OH

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*Prepared by Atlas Relay for ECO Systems / Lofty DAO investor communication*
*Source: HUD-1 Settlement Statement (Golden Eagle Title, GE26-1043)*