Page 25 - Preserve at Tech Investor Quarterly Report Academic Year 2021-2022 Quarter 2

Ruston Properties I, LLC
The Preserve at Tech
Budget Comparison Report
Managed by RISE Residential
As of January 31, 2022

Prior MTD Prior YTD Current
Month to Date 01/31/2022 01/31/2021 Year to Date 01/31/2022 01/31/2021 Fiscal Year
Actual Budget Variance Actual Variance Actual Budget Variance Actual Variance Budget

168,761 125,638 43,122 0 168,761 CASH FLOW BEFORE DEBT SER- 861,758 582,939 278,819 0 861,758 1,314,389
VICE

DEBT SERVICE
63,824 69,613 5,791 0 (63,823) 6820 - Interest Expense 251,320 278,454 27,134 0 (251,320) 696,136
63,824 69,613 5,791 0 (63,823) TOTAL DEBT SERVICE 251,320 278,454 27,134 0 (251,320) 696,136

104,937 56,025 48,913 0 104,937 CASH FLOW AFTER DEBT SER- 610,438 304,485 305,953 0 610,438 618,253
VICE
EXTRAORDINARY EXPENSE
0 0 0 0 0 7200 - Extraordinary Expense 949 0 (949) 0 (949) 0
0 0 0 0 0 TOTAL EXTRAORDINARY EX- 949 0 (949) 0 (949) 0
PENSE
CAPITAL EXPENDITURES
0 0 0 0 0 1504 - Furniture-Units 0 0 0 0 0 5,000
0 0 0 0 0 1530 - Building - Exterior 4,995 5,100 105 0 (4,995) 5,100
0 0 0 0 0 1531 - Building - Interior (1,032) 0 1,032 0 1,032 0
0 0 0 0 0 TOTAL CAPITAL EXPENDITURES 3,963 5,100 1,137 0 (3,963) 10,100

104,937 56,025 48,913 0 104,937 CASH FLOW BEFORE DEPREC/ 605,526 299,385 306,141 0 605,526 608,153
AMORT

DEPRECIATION/AMORTIZATION
23,540 23,541 0 0 (23,541) 8000 - Depreciation - FF&E 93,173 93,094 (79) 0 (93,173) 234,340
8,947 8,947 0 0 (8,946) 8003 - Amortization - Loan Fees/ 35,786 35,788 3 0 (35,785) 89,470
Transaction Cost
85,092 85,092 1 0 (85,092) 8005 - Deprec Expense-Building 339,107 337,345 (1,763) 0 (339,107) 847,897
117,579 117,580 1 0 (117,579) TOTAL DEPREC/AMORT 468,066 466,227 (1,839) 0 (468,066) 1,171,707

OTHER EXPENSES
0 0 0 0 0 8515 - Other Professional Fees 3,000 0 (3,000) 0 (3,000) 0
0 0 0 0 0 TOTAL OTHER EXPENSES 3,000 0 (3,000) 0 (3,000) 0

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