Page 50 - 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
TOTAL OTHER EXPENSES 0 0 7,776 0 0 0 0 13,950 0 0 0 0 21,726 13,950 7,776

CASH FLOW AFTER DEPREC/AMORT (125,974) 9,480 67,341 80,055 24,770 52,112 27,755 3,098 48,269 47,804 28,932 (12,515) 251,129 (69,910) 321,039
AND OTHER EXP.

RECONCILIATION TO GAAP NET IN-
COME (LOSS)
CAPITAL EXPENDITURES
1465 - Equipment 0 0 (1,482) 0 0 0 0 0 0 0 0 0 (1,482) 0 (1,482)
1466 - Computer Equip/Software (4,856) (976) 0 0 0 0 0 0 0 0 0 0 (5,832) 0 (5,832)
1513 - Landscaping 0 0 (4,995) (4,995) 4,995 0 0 0 0 0 0 0 (4,995) 0 (4,995)
1520 - Amenities - Exterior 0 0 (6,660) (1,584) 0 0 0 0 0 0 0 0 (8,244) (7,720) (524)
1521 - Amenities - Interior 0 0 0 0 0 0 0 0 0 0 0 0 0 (16,000) 16,000
1526 - Carpet/Vinyl Replacement (3,723) 0 0 0 0 0 0 0 0 0 0 0 (3,724) (23,000) 19,276
1533 - Appliances 0 0 0 (1,116) 592 0 0 0 0 0 0 0 (524) (9,000) 8,477
1544 - Computers 0 0 0 0 0 0 0 0 0 0 0 0 0 (7,000) 7,000
1546 - Fitness Center - Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 (19,900) 19,900
1555 - Lighting - Exterior 0 (7,889) 0 0 0 0 0 0 0 0 0 0 (7,889) 0 (7,890)
1560 - Maintenance Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 (2,775) 2,776
1565 - Painting - Exterior 0 0 0 0 0 0 0 0 0 0 0 0 0 (14,925) 14,925
1570 - Playgrounds & Picinic Areas 0 0 0 0 0 0 0 0 0 0 0 0 0 (2,400) 2,400
1581 - Pool Furniture 0 0 0 0 0 0 0 0 0 0 0 0 0 (19,200) 19,200
1585 - Roof & Gutters 0 0 0 0 (6,650) 0 0 0 0 0 0 0 (6,650) 0 (6,651)
1590 - Safety Systems (567) 0 (2,910) 0 0 0 0 0 0 0 0 0 (3,476) (8,034) 4,558
1504 - Furniture-Units 0 0 0 0 0 0 0 (25,000) 0 0 0 0 (25,000) (25,000) 0
TOTAL CAPITAL EXPENDITURES (9,146) (8,865) (16,047) (7,695) (1,063) 0 0 (25,000) 0 0 0 0 (67,816) (154,954) 87,138

RESERVES
1320 - Replacement Reserve Fund (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (116,736) (116,736) 0
TOTAL RESERVES (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (9,728) (116,736) (116,736) 0

GAAP NET INCOME (LOSS) (107,100) 28,073 93,116 97,478 35,561 61,840 37,483 37,826 57,997 57,532 38,660 (2,787) 435,680 201,780 233,900

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