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Revenue & Expenses (November) - 75 Boulevard NE Unit 1, Atlanta, GA 30312.pdf

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Revenue & Expenses (November) 75 Boulevard NE Unit 1, Atlanta, GA 30312 Prosper advised the low-revenue month is due to the additional studio no longer being advertised separately on Airbnb. The whole property is now rented as one unit. Prosper believes this will lead to more future revenue, and the property is already starting to see longer-term bookings further in advance. The studio was rented on a mid-term lease for 3 months up until November. As a result, there were no cleaning costs while

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Revenue & Expenses (November) 75 Boulevard NE Unit 1, Atlanta, GA 30312 Prosper advised the low-revenue month is due to the additional studio no longer being advertised separately on Airbnb. The whole property is now rented as one unit. Prosper believes this will lead to more future revenue, and the property is already starting to see longer-term bookings further in advance. The studio was rented on a mid-term lease for 3 months up until November. As a result, there were no cleaning costs while the tenant was staying in the unit. The cleaning costs were higher in November because the tenant’s mid-term lease ended, which required the studio being cleaned. ● Revenue: ○ $5,463 ● Expenses: ○ $3,558.68 ■ Gas bill (Gas South): $119.45 ■ Power bill (Georgia Power): $165.63 ■ Internet: $165 ■ HOA: $285 ■ Cleaning: $1,260 ■ Replenishables: $308 ■ Airbnb 3% fee: $163 ■ Property Management (20%): $1,092.6