Page 61 - 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
REVENUE

GROSS RENTAL INCOME 179,490 205,265 205,219 201,703 201,500 179,973 189,515 0 0 0 0 0 (179,490) 1,003,685
COST OF LEASING (179,490) (12,940) (5,604) (5,174) (4,861) (8,549) (11,627) 0 0 0 0 0 179,490 130,736
NET RENTAL INCOME 0 192,325 199,615 196,529 196,639 171,424 177,888 0 0 0 0 0 0 1,134,421
OTHER INCOME 0 16,143 19,458 17,816 26,546 2,637 1,905 0 0 0 0 0 0 84,504

TOTAL INCOME 0 208,468 219,073 214,345 223,185 174,061 179,793 0 0 0 0 0 0 1,218,925
CONTROLLABLE EXPENSES

PAYROLL OFFICE 0 6,521 5,660 8,245 5,778 9,184 10,703 0 0 0 0 0 0 46,090
PAYROLL MAINTENANCE 0 1,602 1,472 4,610 5,565 6,173 7,060 0 0 0 0 0 0 26,483
PAYROLL RELATED EXPENSES 0 518 1,530 2,305 4,481 2,566 2,799 0 0 0 0 0 0 14,198
TOTAL PAYROLL 0 8,641 8,662 15,160 15,824 17,923 20,562 0 0 0 0 0 0 86,771

GENERAL & ADMINISTRATIVE 0 6,508 4,269 2,282 3,846 4,384 4,228 0 0 0 0 0 0 25,517
PROFESSIONAL FEES 0 0 0 0 408 0 0 0 0 0 0 0 0 408
CONTRACT SERVICES 0 4,725 3,639 5,097 4,051 9,466 5,663 (959) 959 0 0 0 0 32,641
TURNOVER EXPENSE 0 60 0 0 0 1,100 0 0 0 0 0 0 0 1,160
REPAIRS & MAINTENANCE 0 1,083 874 132 1,779 4,590 7,725 0 0 0 0 0 0 16,182
MARKETING & LEASING 0 7,010 6,072 7,790 (23,399) 12,662 36,625 0 0 0 0 0 0 46,762
UTILITIES 0 24,182 22,401 22,671 18,939 19,695 17,689 0 0 0 0 0 0 125,574
MANAGEMENT FEES 0 7,079 7,450 7,285 7,160 6,092 6,292 0 0 0 0 0 0 41,361
TOTAL CONTROLLABLE EXPENSES 0 59,288 53,367 60,417 28,608 75,912 98,784 (959) 959 0 0 0 0 376,376

CONTROLLABLE CASH FLOW 0 149,180 165,706 153,928 194,577 98,149 81,009 959 (959) 0 0 0 0 842,548
TAXES & INSURANCE 0 29,837 9,046 (40,172) 29,797 29,797 36,304 0 0 0 0 0 0 94,607

NET OPERATING INCOME 0 119,343 156,660 194,100 164,780 68,352 44,705 959 (959) 0 0 0 0 747,941
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 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 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

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