Page 58 - Eagle Landing Academic Year 2021-22 Quarter 2

Eagle Landing

13 Month Trend Report
Managed by RISE Residential
As of January 31, 2022

Prior Year Rolling 12
01/31/2021 01/31/2022 12/31/2021 11/30/2021 10/31/2021 09/30/2021 08/31/2021 07/31/2021 06/30/2021 05/31/2021 04/30/2021 03/31/2021 02/28/2021 Month Total
REVENUE

RENTAL INCOME
5120 - Gross Potential Rent (GPR) 604,800 626,376 626,376 628,036 595,612 595,612 595,612 604,800 604,800 604,800 604,800 604,800 604,800 7,296,424
5125 - Gain/Loss to Lease (20,906) (48,238) (39,778) (46,647) (13,367) (14,324) (11,682) (23,175) (21,256) (22,735) (20,272) (19,327) (23,426) (304,227)
5127 - Accelerated Rent 0 0 0 0 0 0 0 0 0 770 770 4,910 200 6,650
GROSS RENTAL INCOME 583,894 578,138 586,598 581,389 582,245 581,288 583,930 581,625 583,544 582,835 585,298 590,383 581,574 6,998,847

COST OF LEASING
5220 - Rent Loss-Vacancy (8,274) (1,354) (181) 0 (121) 2 85 (2,745) (3,779) (5,585) (8,208) (9,388) (8,479) (39,753)
5221 - Rent Loss-Model (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (2,720) (32,640)
5222 - Rent Loss-Security (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (1,480) (17,760)
5223 - Employee Units (1,668) (2,142) (2,142) (2,142) (2,142) (2,142) (2,004) (2,158) (1,918) (1,918) (1,918) (1,668) (1,668) (23,962)
5255 - Bad Debt Expense (797) 0 (617) 0 137 0 1,220 (9,243) 2,321 0 (8,254) (1,531) (3,222) (19,191)
TOTAL COST OF LEASING (14,939) (7,696) (7,140) (6,342) (6,326) (6,340) (4,899) (18,346) (7,576) (11,703) (22,580) (16,787) (17,569) (133,306)

NET RENTAL INCOME 568,955 570,442 579,458 575,047 575,919 574,948 579,031 563,279 575,968 571,132 562,718 573,596 564,005 6,865,541
OTHER INCOME
5920 - Late Charge Income 1,860 1,110 990 870 810 1,110 30 1,380 1,260 1,230 510 450 810 10,560
5924 - NSF Check Fee Income 450 150 100 350 150 0 200 200 300 50 0 50 100 1,650
5926 - Administrative Fee 4,725 11,300 9,875 13,825 2,450 175 2,275 11,725 0 0 0 875 5,775 58,275
5927 - Resident Insurance Program (401) 0 0 0 0 0 0 0 149 0 328 0 0 478
5930 - Resident Damages 0 (843) 1,343 0 50 (600) 2,539 2,264 (29) 0 200 0 116 5,040
5932 - Cleaning Fee 0 0 924 0 140 72 2,030 10,753 0 0 32 52 0 14,003
5940 - Security Deposit Forfeitures 357 0 0 0 0 0 0 0 8,881 0 (831) 0 0 8,050
5950 - Lease Termination Fees 0 0 513 0 0 (518) 1,902 4,105 0 0 0 0 0 6,003
5951 - Application Fees 2,025 75 0 0 0 0 0 0 75 0 0 375 2,475 3,000
5952 - Onetime Pet Fee Income 150 750 300 300 600 150 750 150 600 300 600 300 600 5,400
5953 - Fines 0 0 0 100 100 0 0 0 100 0 0 0 0 300
5954 - Replmnt Keys/Cards/Lock Outs 55 155 115 150 350 50 115 415 0 75 (25) 100 25 1,525
5956 - Utility Income 14,034 39,984 19,691 62,015 80,326 32,893 19,561 29,433 41,971 39,724 60,648 33,618 17,217 477,081
5957 - Transfer Fees 1,750 0 500 0 0 0 (250) 0 250 1,000 250 1,000 250 3,000
5960 - Legal and Collection Fees 0 0 0 0 0 315 403 (1,598) 1,910 0 0 0 0 1,030
5964 - Monthly Pet Rent Income 933 700 720 680 700 660 620 800 725 730 720 710 661 8,426
5146 - Relet Fee 6,634 6,927 17,466 2,543 671 603 1,121 0 1,194 7,910 4,208 5,248 1,819 49,709
TOTAL OTHER INCOME 32,572 60,308 52,537 80,833 86,347 34,910 31,296 59,627 57,386 51,019 66,640 42,778 29,848 653,530

TOTAL INCOME 601,527 630,750 631,995 655,880 662,266 609,858 610,327 622,906 633,354 622,151 629,358 616,374 593,853 7,519,071

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