Page 62 - 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

CASH FLOW BEFORE DEBT SERVICE 0 168,761 235,034 144,897 160,439 131,835 20,793 0 0 0 0 0 0 861,758
DEBT SERVICE
6820 - Interest Expense 0 63,824 61,764 64,294 61,439 0 0 0 0 0 0 0 0 251,320
TOTAL DEBT SERVICE 0 63,824 61,764 64,294 61,439 0 0 0 0 0 0 0 0 251,320

CASH FLOW AFTER DEBT SERVICE 0 104,937 173,270 80,603 99,000 131,835 20,793 0 0 0 0 0 0 610,438
EXTRAORDINARY EXPENSE
7200 - Extraordinary Expense 0 0 0 949 0 0 0 0 0 0 0 0 0 948
TOTAL EXTRAORDINARY EXPENSE 0 0 0 949 0 0 0 0 0 0 0 0 0 948

CAPITAL EXPENDITURES
1530 - Building - Exterior 0 0 0 0 0 4,995 0 0 0 0 0 0 0 4,995
1531 - Building - Interior 0 0 0 0 0 (1,032) 0 0 1,032 0 0 0 0 0
TOTAL CAPITAL EXPENDITURES 0 0 0 0 0 3,963 0 0 1,032 0 0 0 0 4,995
CASH FLOW BEFORE DEPREC/AMORT 0 104,937 173,270 79,654 99,000 127,872 20,793 0 (1,032) 0 0 0 0 604,494

DEPRECIATION/AMORTIZATION
8000 - Depreciation - FF&E 0 23,540 23,541 23,085 23,006 0 0 0 0 0 0 0 0 93,173
8003 - Amortization - Loan Fees/ 0 8,947 8,946 8,947 8,946 0 0 0 0 0 0 0 0 35,785
Transaction Cost
8005 - Deprec Expense-Building 0 85,092 85,089 85,074 83,853 0 0 0 0 0 0 0 0 339,108
TOTAL DEPREC/AMORT 0 117,579 117,576 117,106 115,805 0 0 0 0 0 0 0 0 468,066

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

CASH FLOW AFTER DEPREC/AMORT 0 (12,642) 52,694 (37,452) (16,805) 127,872 20,793 0 (1,032) 0 0 0 0 133,428
AND OTHER EXP.

RECONCILIATION TO GAAP NET IN-
COME (LOSS)
CAPITAL EXPENDITURES
1530 - Building - Exterior 0 0 0 0 0 (4,995) 0 0 0 0 0 0 0 (4,995)
1531 - Building - Interior 0 0 0 0 0 1,032 0 0 (1,032) 0 0 0 0 0
TOTAL CAPITAL EXPENDITURES 0 0 0 0 0 (3,963) 0 0 (1,032) 0 0 0 0 (4,995)

GAAP NET INCOME (LOSS) 0 (12,642) 52,694 (37,452) (16,805) 131,835 20,793 0 0 0 0 0 0 138,423

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