Page 38 - Prosper Investor Quarterly Report Academic Year 2021-2022 Quarter 2

Baltimore Properties I, LLC
Prosper on Fayette
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

CASH FLOW BEFORE DEBT SERVICE (81,568) (652) 118,438 140,459 153,356 124,525 130,228 143,556 141,737 144,163 163,875 153,078 1,331,194 1,261,168 70,026
DEBT SERVICE
6820 - Interest Expense 0 55,156 58,871 56,972 56,972 60,770 68,522 68,522 68,522 68,522 68,522 68,522 699,873 822,264 (122,391)
TOTAL DEBT SERVICE 0 55,156 58,871 56,972 56,972 60,770 68,522 68,522 68,522 68,522 68,522 68,522 699,873 822,264 (122,391)

CASH FLOW AFTER DEBT SERVICE (81,568) (55,808) 59,567 83,487 96,384 63,755 61,706 75,034 73,215 75,641 95,353 84,556 631,321 438,904 192,417

CAPITAL EXPENDITURES
1513 - Landscaping 0 0 0 0 0 5,500 0 0 0 0 0 0 5,500 0 5,500
1521 - Amenities - Interior 0 0 0 4,695 (4,695) 0 0 0 0 0 0 0 0 0 0
1530 - Building - Exterior 0 0 0 0 0 2,534 0 0 0 0 0 0 2,534 0 2,534
1531 - Building - Interior 0 0 0 0 0 2,100 0 0 0 0 0 0 2,100 0 2,100
1533 - Appliances 0 0 0 0 1,576 0 0 0 0 0 0 0 1,576 0 1,577
1544 - Computers 0 1,110 0 0 0 0 0 0 0 0 0 0 1,111 0 1,111
1560 - Maintenance Equipment 0 0 0 0 0 2,894 0 0 0 0 0 0 2,894 0 2,893
1575 - Plumbing 0 0 0 0 3,043 0 0 0 0 0 0 0 3,043 0 3,043
TOTAL CAPITAL EXPENDITURES 0 1,110 0 4,695 (76) 13,028 0 0 0 0 0 0 18,758 0 18,758

CASH FLOW BEFORE DEPREC/ (81,568) (56,918) 59,567 78,792 96,460 50,727 61,706 75,034 73,215 75,641 95,353 84,556 612,563 438,904 173,660
AMORT
DEPRECIATION/AMORTIZATION
8000 - Depreciation - FF&E 0 0 5,104 5,104 5,182 5,259 0 0 0 0 0 0 20,647 20,649 (2)
8005 - Deprec Expense-Building 0 0 119,052 120,218 120,233 120,282 0 0 0 0 0 0 479,786 479,785 0
8006 - Amortization-Loan Fees 0 0 12,125 12,125 12,125 12,125 12,125 0 0 0 0 0 60,626 60,625 1
TOTAL DEPREC/AMORT 0 0 136,281 137,447 137,540 137,666 12,125 0 0 0 0 0 561,059 561,059 (1)

CASH FLOW AFTER DEPREC/AMORT (81,568) (56,918) (76,714) (58,655) (41,080) (86,939) 49,581 75,034 73,215 75,641 95,353 84,556 51,505 (122,155) 173,660
AND OTHER EXP.

RECONCILIATION TO GAAP NET IN-
COME (LOSS)
CAPITAL EXPENDITURES
1513 - Landscaping 0 0 0 0 0 (5,500) 0 0 0 0 0 0 (5,500) 0 (5,500)
1521 - Amenities - Interior 0 0 0 (4,695) 4,695 0 0 0 0 0 0 0 0 0 0
1530 - Building - Exterior 0 0 0 0 0 (2,534) 0 0 0 0 0 0 (2,534) 0 (2,534)
1531 - Building - Interior 0 0 0 0 0 (2,100) 0 0 0 0 0 0 (2,100) 0 (2,100)
1533 - Appliances 0 0 0 0 (1,577) 0 0 0 0 0 0 0 (1,576) 0 (1,576)
1544 - Computers 0 (1,111) 0 0 0 0 0 0 0 0 0 0 (1,111) 0 (1,111)
1560 - Maintenance Equipment 0 0 0 0 0 (2,894) 0 0 0 0 0 0 (2,894) 0 (2,894)

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