Page 55 - Eagle Landing Academic Year 2021-22 Quarter 2
P. 55
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
AMORT
DEPRECIATION/AMORTIZATION 117,402 117,652 117,650 117,786 117,905 117,919 117,887 117,888 117,888 117,888 117,888 117,888 1,413,639 1,413,726 (87)
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 (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 (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) 435,681 201,780 233,901
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