Page 27 - Preserve at Tech Investor Quarterly Report Academic Year 2021-2022 Quarter 2
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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
(12,642) (61,555) 48,914 0 (12,642) CASH FLOW AFTER DEPREC/ 134,460 (166,842) 301,302 0 134,460 (563,554)
AMORT AND OTHER EXP.
RECONCILIATION TO GAAP NET
INCOME (LOSS)
CAPITAL EXPENDITURES
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 1504 - Furniture-Units 0 0 0 0 0 (5,000)
0 0 0 0 0 TOTAL CAPITAL EXPENDITURES (3,963) (5,100) 1,137 0 (3,963) (10,100)
(12,642) (61,555) 48,913 0 (12,642) GAAP NET INCOME (LOSS) 138,423 (161,742) 300,165 0 138,423 (553,454)
2.64 1.80 0.84 0.00 (3) DEBT COVERAGE RATIO 3.43 2.09 1.34 0.00 (3) 1.89
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