Page 45 - Eagle Landing Academic Year 2021-22 Quarter 2

Eagle Landing

Financial Analysis Report
Managed by RISE Residential
As of January 31, 2022

08/31/2021 09/30/2021 10/31/2021 11/30/2021 12/31/2021 01/31/2022 02/28/2022 03/31/2022 04/30/2022 05/31/2022 06/30/2022 07/31/2022 Total Original
Actual Actual Actual Actual Actual Actual Budget Budget Budget Budget Budget Budget Act/Bud Budget Variance
6304 - Vehicle Maintenance 0 0 0 994 0 0 0 0 0 0 0 0 994 4,870 (3,876)
6515 - Cleaning Supplies 1,098 386 508 31 939 329 665 665 665 665 665 665 7,281 7,980 (700)
6516 - Keys & Locks (1,534) 1,534 0 0 0 0 0 0 595 0 3,400 595 4,590 5,780 (1,190)
6517 - Landscape - Parts & Supplies 74 116 54 0 0 479 225 225 225 225 225 225 2,074 2,700 (625)
6556 - Other Maint Repairs & Supplies 73 0 0 0 35 0 0 0 0 0 0 0 109 0 109
6557 - Appliance Parts & Supplies 224 851 1,329 1,308 957 348 525 0 0 525 0 0 6,065 2,600 3,465
6558 - Electrical Parts & Supplies 529 0 530 250 200 1,053 50 50 325 50 50 325 3,413 1,700 1,713
6559 - Plumbing Parts & Supplies 135 506 70 73 32 130 40 40 100 40 40 100 1,305 720 585
6560 - HVAC Parts & Supplies 155 989 667 0 0 408 0 0 1,785 0 0 1,785 5,790 8,065 (2,276)
6561 - Pool Parts & Supplies 1,108 1,214 1,715 933 460 486 1,375 1,375 1,375 1,375 1,375 1,375 14,166 16,500 (2,333)
6564 - Building -Exterior Cleaning 0 0 0 0 0 0 0 0 0 0 0 0 0 10,500 (10,500)
6566 - Windows/Door Repairs/Glass 0 0 0 0 103 0 90 0 150 90 0 150 583 960 (377)
6568 - Fire Prevention Equipment 0 0 90 (90) 0 0 0 0 0 0 0 0 0 0 0
6569 - Recreation Equipment 0 0 0 (622) 0 319 30 0 0 30 0 2,275 2,032 3,145 (1,114)
6570 - Equipment and Tools 0 187 149 0 508 74 0 0 0 0 0 0 918 0 918
6571 - Fitness Equipment Repair 0 0 0 0 0 0 190 515 0 190 0 0 895 1,790 (895)
6572 - Signage 0 0 0 0 0 0 0 0 235 0 0 235 470 940 (470)
6574 - Light Bulbs 410 0 31 22 176 0 650 0 0 650 0 0 1,939 2,600 (660)
6576 - Life Safety System R&M 2,043 0 4,153 851 1,607 4,100 0 0 4,490 0 0 4,490 21,734 22,235 (501)
6578 - Maintenance Uniforms 188 405 342 286 217 435 275 275 275 275 275 275 3,523 3,300 222
6592 - COVID-19 Supplies 0 0 150 0 0 0 931 931 931 931 931 931 5,736 11,172 (5,435)
TOTAL REPAIRS & MAINTENANCE 4,503 6,188 9,788 4,036 5,234 8,161 5,046 4,076 11,151 5,046 6,961 13,426 83,617 107,557 (23,940)
MARKETING & LEASING
6205 - Advertising/Marketing 121 13,926 121 121 121 121 268 1,733 773 268 268 268 18,110 23,041 (4,931)
6212 - Internet Advertising 4,282 2,527 (3,084) (1,073) 1,314 1,314 3,690 3,690 3,690 3,690 3,690 3,690 27,420 45,720 (18,300)
6214 - Brochures 0 0 0 500 0 0 0 505 0 0 0 0 1,005 1,010 (5)
6215 - Signage / Flags/ Banners 0 0 434 445 0 0 0 0 0 0 0 0 879 1,335 (456)
6218 - Leasing Promotional Activities 2,610 4,328 8,036 6,284 7,322 7,469 6,140 3,625 3,625 3,625 3,625 3,625 60,312 56,020 4,291
6220 - Resident Referrals 0 0 0 0 0 0 0 0 0 0 0 0 0 4,000 (4,000)
6261 - Promotional Items 1,793 0 3,545 0 0 0 0 0 0 0 8,075 0 13,413 16,620 (3,206)
6283 - Gift Cards and Leasing Incentives 0 4,000 0 0 0 0 340 0 0 340 0 0 4,680 1,360 3,320
TOTAL MARKETING & LEASING 8,806 24,781 9,052 6,277 8,757 8,904 10,438 9,553 8,088 7,923 15,658 7,583 125,819 149,106 (23,287)
COMMON AREA UTILITIES
6450 - C/A Electricity 4,121 3,454 3,312 2,090 3,133 3,643 3,098 3,407 3,098 3,409 3,743 4,120 40,628 43,925 (3,296)
6451 - C/A Water & Sewer 1,140 1,698 (215) 413 4,626 1,400 1,338 2,084 1,337 1,735 1,543 1,655 18,756 21,335 (2,580)
6452 - C/A Natural Gas 0 65 114 32 52 36 80 80 80 80 80 80 780 960 (180)
TOTAL C/A UTILITIES EXPENSE 5,261 5,217 3,211 2,535 7,811 5,079 4,516 5,571 4,515 5,224 5,366 5,855 60,164 66,220 (6,056)

UNIT UTILITIES
6460 - Electricity Vacant Units 16 60 411 0 0 6 0 0 0 0 0 0 492 0 492
6461 - Electricity Occupied Units 25,222 28,755 30,376 27,553 23,560 20,714 17,990 20,989 19,741 23,147 23,770 26,108 287,924 269,024 18,900
Page 22