Page 37 - Anthem House Academic Year 2021-22 Quarter 2

Gainesville Properties III, LLC
Anthem House
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

REPAIRS & MAINTENANCE
6515 - Cleaning Supplies 1,826 245 973 (241) 44 422 100 100 100 100 100 100 3,870 1,200 2,670
6516 - Keys & Locks 107 1,135 179 179 179 179 0 0 0 0 0 0 1,957 350 1,607
6556 - Other Maint Repairs & Supplies 36 342 148 0 41 0 100 100 100 100 100 100 1,167 1,200 (33)
6557 - Appliance Parts & Supplies 0 0 0 0 0 0 50 50 50 50 50 50 300 600 (300)
6558 - Electrical Parts & Supplies 0 0 0 0 0 0 50 50 50 50 50 50 300 600 (300)
6559 - Plumbing Parts & Supplies 36 0 0 0 0 0 50 50 50 50 50 50 335 600 (265)
6560 - HVAC Parts & Supplies 41 1,025 0 0 550 0 50 50 50 50 50 50 1,916 600 1,316
6561 - Pool Parts & Supplies 466 292 163 0 0 0 200 200 200 200 200 200 2,122 2,400 (278)
6562 - Exterior Building Repair 0 19 0 0 0 0 50 50 50 50 50 50 319 600 (281)
6564 - Building -Exterior Cleaning 5,700 0 0 0 0 0 0 0 0 0 0 0 5,700 2,500 3,200
6570 - Equipment and Tools 339 629 33 194 0 0 50 50 50 50 50 50 1,496 600 896
6572 - Signage 57 0 0 0 0 0 0 0 0 0 0 0 56 0 56
6574 - Light Bulbs 0 0 0 0 60 0 0 0 0 0 0 0 60 0 60
6576 - Life Safety System R&M (934) 874 283 0 0 455 0 0 0 0 0 0 678 0 678
6577 - Telephone & Internet Repair 0 (3) 0 0 0 0 0 0 0 0 0 0 (3) 0 (3)
6578 - Maintenance Uniforms 51 32 0 0 0 0 51 51 51 51 51 51 388 612 (224)
6592 - COVID-19 Supplies 0 0 0 0 0 27 0 0 0 0 0 0 27 0 27
TOTAL REPAIRS & MAINTENANCE 7,725 4,590 1,779 132 874 1,083 751 751 751 751 751 751 20,688 11,862 8,826

MARKETING & LEASING
6205 - Advertising/Marketing 485 1,870 0 0 0 672 0 0 0 0 0 0 3,027 0 3,027
6210 - Magazine Ads 0 0 0 0 0 0 0 0 0 0 0 0 0 1,000 (1,000)
6212 - Internet Advertising 5,859 7,763 5,053 7,790 5,722 5,593 3,033 3,033 3,033 3,033 3,033 3,033 55,980 36,396 19,584
6215 - Signage / Flags/ Banners 2,281 0 0 0 0 629 0 0 0 0 0 0 2,911 0 2,911
6218 - Leasing Promotional Activities 0 0 1,578 0 350 116 250 250 750 250 0 0 3,542 4,500 (958)
6220 - Resident Referrals 500 500 0 0 0 0 0 0 0 0 0 0 1,000 0 1,000
6283 - Gift Cards and Leasing Incentives 27,500 2,529 (30,030) 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL MARKETING & LEASING 36,625 12,662 (23,399) 7,790 6,072 7,010 3,283 3,283 3,783 3,283 3,033 3,033 66,460 41,896 24,564

COMMON AREA UTILITIES
6450 - C/A Electricity 3,218 2,694 3,208 1,762 2,497 3,239 2,001 2,001 2,001 2,001 2,001 2,001 28,624 24,011 4,613
6451 - C/A Water & Sewer 2,348 3,500 4,019 3,726 3,126 3,279 300 300 300 300 300 300 21,797 3,600 18,198
TOTAL C/A UTILITIES EXPENSE 5,566 6,194 7,227 5,488 5,623 6,518 2,301 2,301 2,301 2,301 2,301 2,301 50,421 27,611 22,811

UNIT UTILITIES
6460 - Electricity Vacant Units 2,435 22 0 0 32 60 75 75 75 75 75 75 2,998 900 2,097
6461 - Electricity Occupied Units 8,546 6,917 15,403 10,013 9,622 10,481 6,475 6,475 6,475 6,475 6,475 6,475 99,833 77,700 22,133
6463 - Water/Sewer Units 912 592 1,161 970 923 923 925 925 925 925 925 925 11,030 11,100 (70)
6465 - Internet Service 230 5,970 (4,852) 6,200 6,201 6,200 6,200 6,200 6,200 6,200 6,200 6,200 57,149 74,400 (17,251)
TOTAL UNIT UTILITIES EXPENSE 12,123 13,501 11,712 17,183 16,778 17,664 13,675 13,675 13,675 13,675 13,675 13,675 171,010 164,100 6,909

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