Page 6 - Prosper Investor Quarterly Report Academic Year 2021-2022 Quarter 2
P. 6
Prosper on Fayette Baltimore Properties I, LLC
Balance Sheet
Managed by RISE Residential
As of January 31, 2022
ASSETS
CURRENT ASSETS
CASH
Petty Cash 1,500
Cash -Project Account 519
Cash - Operating 316,543
Cash-Security Deposits Local 1,338
TOTAL CASH 319,900
OTHER CURRENT ASSETS
A/R Tenant 38,728
A/R Other 37,629
Prepaid Expenditures 8,861
Prepaid Property/GL Insurance 30,794
Insurance Escrow 45,281
Property Tax Escrow 105,592
TOTAL OTHER CURRENT ASSETS 266,885
TOTAL CURRENT ASSETS 586,785
FIXED ASSETS
Land 3,650,000
Landscaping 5,500
Building - Exterior 2,534
Building - Interior 2,100
Appliances 1,576
Computers 1,111
Maintenance Equipment 2,894
Plumbing 3,043
FF&E - First Year 915,280
Building-First Year 43,311,626
TOTAL FIXED ASSETS 47,895,664
ACCUM DEPRECIATION & AMORTIZATION
Accum Amort-Loan Costs (48,501)
Accum Depreciation-Building (479,786)
Accum Depr - FF&E (20,647)
TOTAL ACCUM DEPRECIATION & AMORTIZATION (548,934)
OTHER ASSETS
Utility Deposit 1,500
Loan/Closing Costs 727,514
TOTAL OTHER ASSETS 729,014
TOTAL ASSETS 48,662,529
Statements Internally Generated and Unaudited Page 1
