Page 53 - Preserve at Tech Investor Quarterly Report Academic Year 2021-2022 Quarter 2

Ruston Properties I, LLC
The Preserve at Tech
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

RENTAL INCOME
5120 - Gross Potential Rent (GPR) 0 358,680 358,680 358,680 358,680 356,730 358,680 0 0 0 0 0 0 2,150,130
5125 - Gain/Loss to Lease 0 3,695 2,268 2,574 1,052 4,699 0 0 0 0 0 0 0 14,288
5127 - Accelerated Rent 0 3,900 0 0 0 0 0 0 0 0 0 0 0 3,900
GROSS RENTAL INCOME 0 366,275 360,948 361,254 359,732 361,429 358,680 0 0 0 0 0 0 2,168,318

COST OF LEASING
5220 - Rent Loss-Vacancy 0 (100,915) (103,548) (105,200) (103,018) (109,635) (128,650) 0 0 0 0 0 0 (650,966)
5221 - Rent Loss-Model 0 (1,950) (1,950) (1,950) (1,950) (1,950) (1,950) 0 0 0 0 0 0 (11,700)
5223 - Employee Units 0 (492) (492) (376) (130) (130) (130) 0 0 0 0 0 0 (1,750)
5250 - Concessions 0 0 (605) 0 (4,340) (18,190) (50,220) 0 0 0 0 0 0 (73,355)
5255 - Bad Debt Expense 0 (11,663) (2,893) (8,083) (3,180) (580) (2,370) 0 0 0 0 0 0 (28,768)
TOTAL COST OF LEASING 0 (115,020) (109,488) (115,609) (112,618) (130,485) (183,320) 0 0 0 0 0 0 (766,539)

NET RENTAL INCOME 0 251,255 251,460 245,645 247,114 230,944 175,360 0 0 0 0 0 0 1,401,779
OTHER INCOME
5920 - Late Charge Income 0 2,150 3,483 2,045 1,600 3,950 750 0 0 0 0 0 0 13,978
5924 - NSF Check Fee Income 0 (10) 60 0 0 0 0 0 0 0 0 0 0 50
5926 - Administrative Fee 0 0 0 0 0 0 (400) 0 0 0 0 0 0 (400)
5930 - Resident Damages 0 (1,230) 1,305 0 70 0 0 0 0 0 0 0 0 145
5932 - Cleaning Fee 0 (250) 300 0 0 0 0 0 0 0 0 0 0 50
5936 - Parking Permit Fees 0 50 0 0 50 50 0 0 0 0 0 0 0 150
5951 - Application Fees 0 1,600 800 1,200 950 1,250 4,250 0 0 0 0 0 0 10,050
5952 - Onetime Pet Fee Income 0 400 0 400 400 1,700 0 0 0 0 0 0 0 2,900
5953 - Fines 0 450 50 450 0 0 50 0 0 0 0 0 0 1,000
5954 - Replmnt Keys/Cards/Lock Outs 0 360 125 310 550 260 50 0 0 0 0 0 0 1,655
5956 - Utility Income 0 21,191 10,055 11,083 35,715 4,509 0 0 0 0 0 0 0 82,553
5957 - Transfer Fees 0 500 550 750 750 750 0 0 0 0 0 0 0 3,300
5964 - Monthly Pet Rent Income 0 241 240 266 255 90 44 0 0 0 0 0 0 1,136
5146 - Relet Fee 0 (3,130) 4,630 301 0 250 750 0 0 0 0 0 0 2,801
TOTAL OTHER INCOME 0 22,322 21,598 16,805 40,340 12,809 5,494 0 0 0 0 0 0 119,368

TOTAL INCOME 0 273,577 273,058 262,450 287,454 243,753 180,854 0 0 0 0 0 0 1,521,147

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