Page 8 - Oxford West Investor Quarterly Report Academic Year 2021-2022 Quarter 2
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Oxford West Properties I, LLLP
Balance Sheet
Managed by RISE Residential
As of December 31, 2021
LIABILITIES AND EQUITY
CURRENT LIABILITIES
A/P Trade 97,296
A/P - Other 600
Accrued Expenses 18,758
Accrued Interest Mortgage 120,556
Accrued Real Estate Taxes 430,922
Security Deposit Liability 32,586
Prepaid Rent-Residents 60,988
Financed Insurance 6,542
Due to Management Company 11,269
TOTAL CURRENT LIABILITIES 779,517
LONG TERM LIABILITIES
Notes Payable (325,289)
Notes Payable 25,325,289
GP Loan 100,000
TOTAL LONG TERM LIABILITIES 25,100,000
TOTAL LIABILITIES 25,879,517
EQUITY
GP Distribution (86,500)
LP Distribution (778,500)
Contributed Capital-Class A Member 7,425,000
Contributed Capital-Class B Member 825,000
RETAINED EARNINGS (2,848,880)
NET INCOME (564,838)
TOTAL EQUITY 3,971,282
TOTAL LIABILITIES AND EQUITY 29,850,799
Statements Internally Generated and Unaudited Page 3
