Financial Statement

Harbor Point · 1030 · fiscal year ending August

cash book

Income statement Balance sheet Cash Accrual 12-month Budget & variance FY2024 FY2025 FY2026

12-Month Statement · cash · FY2026

Sep '25 – Aug '26

Account	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Total
LEASING INCOME
Rental Income 4010	$388,387	$388,531	$399,237	$408,907	$403,305	$406,605	$405,426	$410,157	$401,280	$408,271	$406,868	$403,083	$4,830,057
Concessions 4020	-$704	-$753	-$885	-$885	-$885	-$885	-$968	-$1,100	-$1,100	-$890	-$890	-$890	-$10,836
TOTAL LEASING INCOME	$387,683	$387,778	$398,352	$408,022	$402,420	$405,720	$404,458	$409,057	$400,180	$407,381	$405,978	$402,193	$4,819,221
OTHER INCOME
Pet Rent 4110	$490	$490	$490	$490	$490	$490	$490	$490	$490	$490	$490	$490	$5,880
Application Fees 4120	$540	$293	$638	$270	—	$293	$293	$540	$98	$690	—	$983	$4,635
Administrative Fees 4130	$1,000	$750	$1,250	$500	—	$750	$750	$1,000	$250	$1,000	—	$1,750	$9,000
Late Charges 4140	$255	$85	—	$255	$255	$170	$425	$255	$85	$510	$85	$510	$2,890
Returned Check Fees 4150	—	—	$35	—	—	—	$70	$35	—	—	$35	—	$175
Month-to-Month Fees 4160	$1,815	$1,459	$1,355	$1,355	$1,355	$1,355	$1,114	$971	—	—	$605	$1,705	$13,089
Insufficient Notice Penalties 4170	—	—	—	$850	—	—	—	—	—	—	—	—	$850
Deposit Forfeitures 4180	$275	$119	$239	$460	$189	$459	$307	$570	—	$412	$860	$169	$4,060
Damages 4190	$137	$40	$328	$317	$147	$148	$263	$532	—	$520	$943	$107	$3,483
Cleaning Charges 4200	$240	$60	$120	$240	$60	$180	$120	$300	—	$180	$300	$60	$1,860
Cable/Internet Income 4210	$5,268	$4,949	$5,189	$5,284	$5,103	$5,316	$5,172	$5,177	$5,088	$5,112	$5,171	$5,112	$61,941
Miscellaneous Income 4290	$727	$601	$496	$685	$488	$552	$458	$543	$639	$728	$489	$546	$6,951
TOTAL OTHER INCOME	$10,748	$8,846	$10,139	$10,706	$8,086	$9,712	$9,462	$10,413	$6,649	$9,642	$8,978	$11,431	$114,814
TOTAL REVENUES	$398,431	$396,624	$408,490	$418,728	$410,506	$415,433	$413,920	$419,471	$406,830	$417,023	$414,957	$413,624	$4,934,035
OPERATING EXPENSES
Salaries Office 5010	$16,025	$24,106	$16,117	$16,163	$16,210	$16,256	$16,303	$16,350	$24,595	$16,444	$16,491	$16,538	$211,597
Salaries Maintenance 5020	$10,957	$16,482	$11,020	$11,051	$11,083	$11,115	$11,147	$11,179	$16,816	$11,243	$11,275	$11,308	$144,673
Overtime 5030	$1,285	$1,297	$600	$364	$1,806	$411	$1,266	$989	$912	$1,799	$1,468	$950	$13,146
Vacation/Holiday/Sick 5040	$963	$1,601	$1,103	$1,361	$1,086	$984	$1,432	$1,057	$1,631	$1,297	$1,059	$1,218	$14,792
Payroll Taxes & Benefits 5050	$6,219	$9,215	$6,102	$6,067	$6,402	$6,112	$6,317	$6,274	$9,311	$6,487	$6,431	$6,335	$81,272
Uniforms 5060	—	$181	$268	$127	$213	$160	$166	$127	$275	$396	—	—	$1,913
Employee Relations 5070	—	$348	$210	$273	$812	$417	$292	$450	—	—	$164	$582	$3,547
Total Payroll	$35,448	$53,229	$35,420	$35,406	$37,612	$35,455	$36,922	$36,424	$53,539	$37,666	$36,888	$36,931	$470,940
Office Supplies 5110	$204	$240	$436	$356	$233	$252	$351	$349	$378	$435	$445	$416	$4,095
Computer/Software 5120	$1,161	$1,214	$1,276	$1,239	$1,190	$1,088	$1,179	$1,233	$1,235	$1,391	$1,237	$1,317	$14,762
Telephone 5130	$298	$335	$321	$429	$431	$502	$432	$374	$400	$279	$242	$508	$4,552
Internet 5140	$230	$302	$234	$301	$394	$326	$364	$442	$354	$295	$211	$171	$3,623
Dues & Subscriptions 5150	$157	$176	$213	$426	$299	$281	$119	$68	$79	$23	$97	$146	$2,082
Licenses/Permits/Fees 5160	$471	$334	$365	$595	$619	$529	$521	$763	$491	$695	$544	$467	$6,395
Training 5170	$63	$212	$278	$253	$74	$63	$139	$48	$154	$66	$193	$159	$1,702
Business Cards/Forms 5180	$44	$10	$49	$49	$57	$42	$103	$40	$40	$62	$98	$100	$695
Total Administrative	$2,628	$2,823	$3,173	$3,649	$3,296	$3,082	$3,208	$3,319	$3,129	$3,246	$3,067	$3,284	$37,905
Advertising 5210	$1,542	$1,593	$1,492	$1,756	$2,189	$2,287	$2,524	$2,438	$2,219	$2,027	$1,918	$1,829	$23,810
Print Advertising 5220	$89	$38	$107	$140	$106	$92	$27	$52	$85	$27	$79	$92	$935
Model Expenses 5230	$233	$167	$132	$179	$233	$165	$39	$215	$195	$146	$201	$143	$2,048
Tenant Relations 5240	$352	$369	$332	$302	$268	$444	$507	$448	$376	$652	$512	$432	$4,994
Total Marketing	$2,215	$2,168	$2,062	$2,377	$2,796	$2,988	$3,097	$3,152	$2,875	$2,852	$2,710	$2,496	$31,787
R&M Supplies 5310	$1,468	$1,216	$1,398	$1,628	$1,612	$1,567	$1,600	$1,635	$1,674	$1,671	$1,538	$1,442	$18,450
R&M Air Conditioning 5320	$2,281	$1,542	$1,147	$1,286	$592	$624	$780	$906	$1,440	$2,296	$2,001	$2,382	$17,274
R&M Electrical 5330	$510	$518	$836	$442	$340	$1,023	$1,234	$738	$577	$658	$962	$755	$8,590
R&M Plumbing 5340	$1,411	$1,792	$1,026	$674	$1,011	$1,012	$1,573	$1,371	$1,100	$1,123	$1,170	$1,485	$14,745
R&M Appliances 5350	$863	$947	$1,039	$457	$423	$791	$272	$382	$1,291	$644	$150	$1,351	$8,607
R&M Painting 5360	$1,862	$1,027	$1,101	$1,314	$396	$2,958	$2,104	$1,710	$2,000	$1,439	$804	$1,480	$18,192
R&M Floors 5370	$279	$322	$138	$1,446	$1,929	$1,111	$631	$996	$354	$284	$2,208	$1,769	$11,464
R&M Doors 5380	$316	$239	$192	$204	$194	$235	$324	$275	$254	$235	$148	$135	$2,752
R&M Grounds 5390	$3,595	$2,450	$2,209	$1,999	$1,969	$2,766	$3,579	$4,004	$2,895	$2,968	$3,227	$5,204	$36,861
R&M Pest Control 5410	$427	$197	$315	$479	$405	$465	$682	$657	$563	$330	$601	$594	$5,712
R&M Cleaning 5420	$1,117	$1,728	$1,371	$621	$503	$552	$954	$1,475	$1,055	$443	$712	$1,165	$11,694
R&M Fire Systems 5430	$381	$578	$570	$743	$248	—	$361	$368	$407	$135	$966	$677	$5,430
R&M Locks & Keys 5440	$195	$98	$167	$134	$137	$131	$236	$359	$117	$333	$381	$284	$2,569
R&M Parking Lot 5450	$63	$193	$83	$137	$244	$360	$313	$83	—	$259	$111	$802	$2,645
R&M Miscellaneous 5460	$489	$222	$183	$180	$595	$1,790	$916	$198	$158	$545	$635	$665	$6,573
Unit Turnover/Upgrades 5470	$3,018	$4,053	$1,313	$763	$4,212	$2,222	$2,388	$1,565	$4,116	$1,646	$2,909	$5,856	$34,058
Total Repairs & Maintenance	$18,271	$17,117	$13,083	$12,502	$14,809	$17,604	$17,943	$16,718	$17,998	$15,006	$18,519	$26,043	$205,613
Electric (House) 5510	$4,434	$5,050	$3,362	$3,269	$3,086	$2,356	$2,606	$3,497	$2,835	$3,371	$4,955	$6,490	$45,309
Water & Sewer 5520	$4,966	$5,406	$13,616	$4,843	$11,131	$4,770	$5,642	$7,850	$7,920	$8,151	$7,674	$8,169	$90,138
Waste Collection 5530	$1,814	$1,820	$3,109	$1,098	$2,579	$1,105	$1,296	$1,856	$1,862	$1,868	$1,874	$1,880	$22,159
Total Utilities	$11,214	$12,276	$20,087	$9,210	$16,796	$8,231	$9,545	$13,202	$12,617	$13,389	$14,503	$16,539	$157,607
Insurance 5610	$218,244	—	—	—	—	—	—	—	—	—	—	—	$218,244
Real Estate & Personal Property Taxes 5630	—	—	$305,856	$203,904	—	—	—	—	—	—	—	—	$509,760
Total Insurance/Taxes	$218,244	—	$305,856	$203,904	—	—	—	—	—	—	—	—	$728,004
Management Fees 5710	$11,953	$11,899	$12,255	$12,562	$12,315	$12,463	$12,418	$12,584	$12,205	$12,511	$12,449	$12,409	$148,021
Legal Fees 5720	$363	$268	$211	$341	$324	$238	$236	$247	$328	$309	$351	$389	$3,604
Consulting Fees 5730	$319	$275	$272	$159	$165	$149	$299	$286	$164	$277	$344	$270	$2,980
Miscellaneous Expense 5750	$279	$235	$212	$271	$259	$415	$294	$256	$278	$238	$179	$249	$3,164
Total Management/Professional	$12,914	$12,677	$12,949	$13,332	$13,064	$13,264	$13,247	$13,373	$12,975	$13,335	$13,323	$13,316	$157,770
TOTAL OPERATING EXPENSES	$300,935	$100,290	$392,630	$280,379	$88,373	$80,624	$83,962	$86,188	$103,133	$85,494	$89,010	$98,608	$1,789,627
NET OPERATING INCOME	$97,495	$296,333	$15,861	$138,349	$322,133	$334,808	$329,958	$333,283	$303,696	$331,529	$325,947	$315,016	$3,144,408
INTEREST EXPENSE
Interest Expense 6110	$55,927	$55,761	$55,594	$55,427	$55,259	$55,091	$54,923	$54,753	$54,584	$54,413	$54,243	$54,072	$660,048
Interest on Security Deposits 6120	$121	$119	$126	$125	$123	$125	$125	$128	$124	$128	$124	$126	$1,495
TOTAL INTEREST EXPENSE	$56,048	$55,880	$55,720	$55,553	$55,382	$55,217	$55,048	$54,881	$54,708	$54,541	$54,367	$54,198	$661,542
OTHER EXPENSES
Amortization of Loan Costs 6210	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$22,000
TOTAL OTHER EXPENSES	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$1,833	$22,000
DEPRECIATION
Depreciation 6310	$104,811	$104,465	$104,120	$103,774	$103,429	$103,083	$102,737	$102,770	$102,664	$102,599	$102,531	$102,510	$1,239,494
TOTAL DEPRECIATION	$104,811	$104,465	$104,120	$103,774	$103,429	$103,083	$102,737	$102,770	$102,664	$102,599	$102,531	$102,510	$1,239,494
TOTAL EXPENSES	$463,628	$262,469	$554,303	$441,540	$249,017	$240,757	$243,581	$245,672	$262,339	$244,467	$247,741	$257,150	$3,712,663
NET INCOME	-$65,198	$134,154	-$145,812	-$22,812	$161,489	$174,675	$170,339	$173,799	$144,491	$172,556	$167,216	$156,474	$1,221,372

Concessions are negative income. NOI is total revenues less total operating expenses; corporate allocation is an accrual-only line. The verify script asserts rental income equals the prorated lease charges, management fees are 3 % of revenue, and every subtotal foots.

Chart of accounts

About sixty accounts condensed from the ~120 non-zero lines a Yardi 12-Month Statement carries, kept in the same tree: leasing income, other income, operating expenses by group (payroll, administrative, marketing, repairs & maintenance, utilities, insurance/taxes, management/professional), then allocations, interest, other expenses and depreciation below NOI. Codes: 4xxx income, 5xxx operating expenses, 6xxx below NOI.