Page 59 - Anthem House Academic Year 2021-22 Quarter 2

Gainesville Properties III, LLC
Anthem House
13 Month Trend Report
Managed by RISE Residential
As of January 31, 2022

Prior Year Rolling 12
01/31/2021 01/31/2022 12/31/2021 11/30/2021 10/31/2021 09/30/2021 08/31/2021 07/31/2021 06/30/2021 05/31/2021 04/30/2021 03/31/2021 02/28/2021 Month Total

CASH FLOW BEFORE DEBT SERVICE 0 119,343 156,660 194,100 164,780 68,352 44,705 959 (959) 0 0 0 0 747,941
DEBT SERVICE
6820 - Interest Expense 0 98,508 0 0 0 0 0 0 0 0 0 0 0 98,508
TOTAL DEBT SERVICE 0 98,508 0 0 0 0 0 0 0 0 0 0 0 98,508

CASH FLOW AFTER DEBT SERVICE 0 20,835 156,660 194,100 164,780 68,352 44,705 959 (959) 0 0 0 0 649,433
CAPITAL EXPENDITURES
1504 - Furniture-Units 0 0 0 0 0 0 (3,137) 0 3,137 0 0 0 0 0
1525 - Asphalt & Concrete 0 0 0 0 0 0 (4,620) 0 4,620 0 0 0 0 0
TOTAL CAPITAL EXPENDITURES 0 0 0 0 0 0 (7,757) 0 7,757 0 0 0 0 0
CASH FLOW BEFORE DEPREC/AMORT 0 20,835 156,660 194,100 164,780 68,352 52,462 959 (8,716) 0 0 0 0 649,433

DEPRECIATION/AMORTIZATION
8000 - Depreciation - FF&E 0 9,222 9,221 9,221 9,450 7,301 0 0 0 0 0 0 0 44,416
8003 - Amortization - Loan Fees/ 0 5,968 5,968 5,968 5,968 5,968 0 0 0 0 0 0 0 29,840
Transaction Cost
8005 - Deprec Expense-Building 0 51,413 51,404 51,359 51,358 51,325 0 0 0 0 0 0 0 256,858
TOTAL DEPREC/AMORT 0 66,603 66,593 66,548 66,776 64,594 0 0 0 0 0 0 0 331,114

CASH FLOW AFTER DEPREC/AMORT 0 (45,768) 90,067 127,552 98,004 3,758 52,462 959 (8,716) 0 0 0 0 318,319
AND OTHER EXP.

RECONCILIATION TO GAAP NET IN-
COME (LOSS)
CAPITAL EXPENDITURES
1525 - Asphalt & Concrete 0 0 0 0 0 0 4,620 0 (4,620) 0 0 0 0 0
1504 - Furniture-Units 0 0 0 0 0 0 3,137 0 (3,137) 0 0 0 0 0
TOTAL CAPITAL EXPENDITURES 0 0 0 0 0 0 7,757 0 (7,757) 0 0 0 0 0
GAAP NET INCOME (LOSS) 0 (45,768) 90,067 127,552 98,004 3,758 44,705 959 (959) 0 0 0 0 318,318

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