Page 19 - Prosper Investor Quarterly Report Academic Year 2021-2022 Quarter 2
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Baltimore Properties I, LLC
Prosper on Fayette
Budget Comparison Report
Managed by RISE Residential
As of January 31, 2022
Prior MTD Prior YTD Current
Month to Date 01/31/2022 01/31/2021 Year to Date 01/31/2022 01/31/2021 Fiscal Year
Actual Budget Variance Actual Variance Actual Budget Variance Actual Variance Budget
COMMON AREA UTILITIES
7,439 3,859 (3,580) 0 (7,439) 6450 - C/A Electricity 18,326 25,888 7,562 0 (18,326) 47,638
1,536 250 (1,287) 0 (1,537) 6451 - C/A Water & Sewer 7,844 1,500 (6,344) 0 (7,844) 3,000
1,601 345 (1,255) 0 (1,601) 6452 - C/A Natural Gas 2,898 2,070 (828) 0 (2,898) 4,140
10,576 4,454 (6,122) 0 (10,577) TOTAL C/A UTILITIES EXPENSE 29,068 29,458 390 0 (29,068) 54,778
UNIT UTILITIES
1,898 2,055 157 0 (1,898) 6460 - Electricity Vacant Units 20,213 12,615 (7,598) 0 (20,213) 24,705
9,363 0 (9,364) 0 (9,363) 6461 - Electricity Occupied Units 34,828 0 (34,828) 0 (34,828) 0
3,540 3,540 0 0 (3,540) 6463 - Water/Sewer Units 20,800 20,860 60 0 (20,800) 42,420
6,315 6,314 0 0 (6,315) 6465 - Internet Service 37,887 37,887 0 0 (37,887) 75,775
21,116 11,909 (9,207) 0 (21,116) TOTAL UNIT UTILITIES EXPENSE 113,728 71,362 (42,366) 0 (113,729) 142,900
31,692 16,363 (15,329) 0 (31,692) TOTAL UTILITIES 142,796 100,820 (41,976) 0 (142,796) 197,678
MANAGEMENT FEES
9,269 9,316 47 0 (9,269) 6320 - Management Fee 38,698 38,974 276 0 (38,698) 97,969
9,269 9,316 47 0 (9,269) TOTAL MANAGEMENT FEES 38,698 38,974 276 0 (38,698) 97,969
107,974 89,973 (18,001) 0 (107,974) TOTAL CONTROLLABLE EX- 531,022 517,121 (13,901) 0 (531,022) 1,021,653
PENSES
156,040 157,675 (1,635) 0 156,040 CONTROLLABLE CASH FLOW 643,178 577,919 65,259 0 643,178 1,647,944
TAXES & INSURANCE
26,398 26,398 0 0 (26,398) 6710 - Property Taxes 158,388 158,388 0 0 (158,388) 316,776
5,117 5,833 716 0 (5,117) 6720 - Property Insurance 30,233 35,000 4,767 0 (30,233) 70,000
31,515 32,231 716 0 (31,515) TOTAL TAXES & INSURANCE 188,621 193,388 4,767 0 (188,621) 386,776
124,525 125,444 (919) 0 124,525 NET OPERATING INCOME 454,557 384,531 70,026 0 454,557 1,261,168
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