Page 7 - Prosper Investor Quarterly Report Academic Year 2021-2022 Quarter 2
P. 7
Prosper on Fayette Baltimore Properties I, LLC
Balance Sheet
Managed by RISE Residential
As of January 31, 2022
LIABILITIES AND EQUITY
CURRENT LIABILITIES
A/P Trade 451,784
A/P - Other 5,515
Accrued Expenses 72,899
Accrued Interest Mortgage 58,872
Accrued Real Estate Taxes 158,388
Insurance Claim Payable 68,646
Security Deposit Liability 4,267
Prepaid Rent-Residents 121,544
Due to Management Company 9,279
TOTAL CURRENT LIABILITIES 951,194
LONG TERM LIABILITIES
Notes Payable 28,786,397
TOTAL LONG TERM LIABILITIES 28,786,397
TOTAL LIABILITIES 29,737,591
EQUITY
Contributed Capital 19,307,694
RETAINED EARNINGS 362
NET INCOME (383,118)
TOTAL EQUITY 18,924,938
TOTAL LIABILITIES AND EQUITY 48,662,529
Statements Internally Generated and Unaudited Page 2
