Financial Statement

Cypress Landing · 1040 · 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	$418,170	$437,086	$454,884	$453,525	$453,384	$456,069	$466,098	$459,929	$460,245	$455,850	$452,627	$460,154	$5,428,022
Concessions 4020	-$672	-$705	-$760	-$692	-$730	-$745	-$745	-$719	-$721	-$721	-$670	-$715	-$8,595
TOTAL LEASING INCOME	$417,498	$436,382	$454,124	$452,833	$452,653	$455,324	$465,353	$459,210	$459,524	$455,129	$451,957	$459,439	$5,419,427
OTHER INCOME
Pet Rent 4110	$656	$874	$975	$920	$920	$945	$945	$945	$898	$925	$925	$933	$10,861
Application Fees 4120	$1,223	$2,528	$465	$1,230	$930	$638	$1,005	$443	$1,178	$443	$758	$1,598	$12,435
Administrative Fees 4130	$2,750	$4,750	$1,000	$2,000	$2,000	$1,250	$2,000	$750	$2,250	$750	$1,750	$2,750	$24,000
Late Charges 4140	$782	$1,743	$1,717	$1,033	$1,058	$982	$1,445	$999	$1,462	$1,339	$1,420	$893	$14,871
Returned Check Fees 4150	$105	$140	$35	$35	$35	$105	$70	$35	$140	$140	$70	$175	$1,085
Month-to-Month Fees 4160	$465	$660	$611	$415	$415	$415	$655	$655	$880	$724	$685	$685	$7,265
Insufficient Notice Penalties 4170	—	—	—	$750	—	—	—	—	—	$875	—	—	$1,625
Deposit Forfeitures 4180	$419	$388	$1,195	$707	$916	$192	$1,669	$1,027	$1,792	$978	$323	$1,320	$10,926
Damages 4190	$352	$96	$1,116	$943	$785	$281	$2,002	$418	$274	$948	$189	$442	$7,847
Cleaning Charges 4200	$240	$120	$540	$480	$360	$120	$660	$300	$480	$600	$120	$600	$4,620
Laundry/Machine Income 4220	$1,754	$1,752	$1,721	$1,599	$1,763	$1,667	$1,452	$1,718	$1,923	$1,598	$1,596	$1,646	$20,188
Miscellaneous Income 4290	$622	$935	$1,016	$742	$800	$857	$981	$892	$691	$827	$649	$884	$9,898
TOTAL OTHER INCOME	$9,369	$13,984	$10,390	$10,854	$9,982	$7,451	$12,885	$8,181	$11,968	$10,147	$8,485	$11,925	$125,620
TOTAL REVENUES	$426,867	$450,366	$464,514	$463,687	$462,635	$462,775	$478,238	$467,392	$471,491	$465,276	$460,442	$471,364	$5,545,048
OPERATING EXPENSES
Salaries Office 5010	$21,533	$36,832	$24,625	$24,696	$24,767	$24,838	$24,909	$24,981	$37,579	$25,124	$25,197	$25,269	$320,349
Salaries Maintenance 5020	$20,050	$30,161	$20,165	$20,223	$20,281	$20,339	$20,398	$20,456	$30,772	$20,574	$20,633	$20,692	$264,742
Overtime 5030	$1,901	$1,214	$2,205	$2,357	$2,189	$1,486	$1,946	$1,003	$2,542	$2,142	$1,543	$1,822	$22,350
Vacation/Holiday/Sick 5040	$1,562	$2,308	$1,812	$2,100	$2,039	$1,650	$2,103	$1,935	$3,766	$2,064	$1,953	$2,241	$25,533
Payroll Taxes & Benefits 5050	$9,566	$15,006	$10,339	$10,401	$10,392	$10,266	$10,396	$10,217	$15,596	$10,525	$10,422	$10,512	$133,637
Uniforms 5060	$288	$617	$204	$380	$211	$277	$255	—	$326	—	—	—	$2,557
Employee Relations 5070	$392	$335	$610	$871	$196	$202	$425	$775	$2,629	—	$1,067	$342	$7,844
Total Payroll	$55,292	$86,473	$59,960	$61,027	$60,074	$59,058	$60,431	$59,367	$93,211	$60,429	$60,815	$60,878	$777,013
Office Supplies 5110	$839	$683	$585	$622	$646	$841	$966	$761	$726	$1,024	$868	$840	$9,402
Computer/Software 5120	$2,966	$3,060	$2,822	$2,673	$2,756	$3,197	$2,702	$2,664	$2,780	$3,121	$3,089	$3,090	$34,920
Telephone 5130	$853	$662	$1,100	$1,020	$1,195	$1,249	$862	$740	$882	$1,064	$965	$1,156	$11,747
Internet 5140	$629	$843	$871	$787	$562	$644	$773	$694	$613	$512	$528	$594	$8,049
Dues & Subscriptions 5150	$403	$443	$136	$243	$382	$671	$237	$289	$124	—	$219	$253	$3,400
Licenses/Permits/Fees 5160	$1,112	$1,734	$1,498	$1,214	$890	$1,030	$863	$1,089	$1,208	$989	$1,605	$1,758	$14,990
Training 5170	$1,094	$438	$348	$149	$184	$79	$317	$393	$505	$169	—	—	$3,676
Business Cards/Forms 5180	$64	$80	$110	$129	$40	$165	$233	$183	$118	$30	$61	$26	$1,237
Total Administrative	$7,961	$7,943	$7,471	$6,835	$6,657	$7,876	$6,952	$6,812	$6,955	$6,908	$7,335	$7,716	$87,421
Advertising 5210	$5,006	$5,086	$4,720	$5,307	$6,915	$7,592	$8,074	$7,671	$7,238	$6,681	$6,444	$5,853	$76,584
Print Advertising 5220	$388	$166	$132	$221	$278	$89	$443	$359	$576	$625	$428	$347	$4,050
Model Expenses 5230	$483	$445	$435	$376	$303	$87	$615	$440	$247	$694	$741	$204	$5,070
Tenant Relations 5240	$796	$958	$1,037	$1,025	$1,060	$1,210	$1,553	$1,177	$1,016	$926	$1,253	$800	$12,811
Total Marketing	$6,673	$6,655	$6,324	$6,929	$8,556	$8,977	$10,685	$9,647	$9,077	$8,925	$8,866	$7,203	$98,516
R&M Supplies 5310	$4,429	$3,971	$3,498	$3,984	$4,257	$4,230	$5,075	$5,229	$4,192	$3,724	$3,826	$4,037	$50,452
R&M Air Conditioning 5320	$4,432	$2,824	$2,209	$3,110	$2,695	$1,396	$2,194	$3,171	$4,581	$7,015	$7,937	$5,331	$46,892
R&M Electrical 5330	$687	$1,149	$1,099	$1,318	$883	$922	$1,077	$1,045	$1,347	$1,394	$1,068	$1,054	$13,041
R&M Plumbing 5340	$2,311	$2,122	$2,623	$2,993	$3,985	$3,476	$2,324	$3,147	$3,556	$2,876	$3,132	$2,965	$35,507
R&M Appliances 5350	$1,721	$1,540	$1,657	$2,025	$1,301	$1,359	$1,754	$1,285	$1,605	$1,663	$1,305	$2,022	$19,235
R&M Painting 5360	$4,070	$7,862	$5,437	$3,167	$2,611	$2,246	$2,017	$1,715	$2,485	$2,188	$2,488	$2,835	$39,120
R&M Floors 5370	$2,580	$3,213	$2,044	$1,496	$3,056	$4,739	$3,087	$2,810	$1,983	$3,090	$4,000	$2,592	$34,688
R&M Doors 5380	$557	$501	$700	$643	$687	$664	$764	$602	$620	$667	$638	$646	$7,690
R&M Grounds 5390	$6,945	$7,667	$6,711	$5,334	$5,949	$5,478	$6,199	$8,147	$8,822	$9,477	$8,665	$9,243	$88,636
R&M Pool 5400	$1,849	$1,252	$1,149	$597	$855	$1,306	$1,097	$1,399	$1,991	$2,652	$2,398	$2,148	$18,690
R&M Pest Control 5410	$1,260	$1,317	$1,281	$1,254	$1,190	$1,902	$1,706	$1,566	$1,744	$1,329	$1,006	$1,116	$16,668
R&M Cleaning 5420	$2,176	$1,538	$2,026	$1,769	$1,437	$1,681	$2,187	$2,991	$2,408	$2,240	$3,050	$2,713	$26,211
R&M Fire Systems 5430	$1,129	$1,292	$1,525	$1,711	$521	$406	$657	$407	$740	$1,072	$980	$1,206	$11,643
R&M Locks & Keys 5440	$575	$510	$805	$758	$516	$417	$643	$749	$502	$567	$735	$674	$7,447
R&M Parking Lot 5450	$617	$739	$920	$276	$809	$1,071	$1,728	$1,070	$391	$443	$610	$1,441	$10,112
R&M Miscellaneous 5460	$1,436	$4,468	$2,241	$438	$965	$953	$881	$748	$1,233	$1,204	$1,500	$758	$16,823
Unit Turnover/Upgrades 5470	$10,988	$7,021	$4,133	$7,204	$9,325	$10,220	$4,275	$6,812	$7,631	$11,572	$8,277	$2,362	$89,817
Total Repairs & Maintenance	$47,758	$48,982	$40,055	$38,073	$41,038	$42,463	$37,662	$42,887	$45,829	$53,171	$51,612	$43,138	$532,667
Electric (House) 5510	$10,736	$10,465	$9,056	$7,671	$5,841	$7,121	$7,494	$5,646	$6,465	$9,296	$9,888	$15,555	$105,235
Water & Sewer 5520	$17,156	$17,663	$17,781	$16,367	$18,748	$18,584	$31,749	$11,296	$12,102	$18,493	$31,635	$11,114	$222,687
Waste Collection 5530	$4,058	$4,071	$4,084	$4,098	$4,111	$7,024	$5,390	$4,165	$1,251	$2,928	$4,192	$4,206	$49,577
Total Utilities	$31,949	$32,199	$30,921	$28,135	$28,701	$32,728	$44,632	$21,107	$19,818	$30,718	$45,716	$30,874	$377,499
Insurance 5610	—	—	—	—	—	—	—	$274,550	—	—	—	—	$274,550
Uninsured Loss 5620	$19,945	$8,040	—	$1,890	$810	$13,020	$5,580	—	$3,395	$9,680	$18,190	$6,285	$86,835
Real Estate & Personal Property Taxes 5630	—	—	$203,657	$135,771	—	—	—	—	—	—	—	—	$339,429
Total Insurance/Taxes	$19,945	$8,040	$203,657	$137,661	$810	$13,020	$5,580	$274,550	$3,395	$9,680	$18,190	$6,285	$700,814
Management Fees 5710	$12,806	$13,511	$13,935	$13,911	$13,879	$13,883	$14,347	$14,022	$14,145	$13,958	$13,813	$14,141	$166,351
Legal Fees 5720	$824	$608	$608	$871	$750	$922	$895	$880	$954	$950	$1,065	$987	$10,313
Consulting Fees 5730	$519	$535	$530	$342	$418	$553	$579	$540	$499	$455	$466	$459	$5,894
Miscellaneous Expense 5750	$517	$415	$460	$545	$576	$389	$516	$683	$530	$502	$610	$599	$6,341
Total Management/Professional	$14,665	$15,068	$15,534	$15,669	$15,622	$15,746	$16,337	$16,125	$16,128	$15,865	$15,954	$16,186	$188,899
TOTAL OPERATING EXPENSES	$184,243	$205,359	$363,922	$294,329	$161,458	$179,869	$182,279	$430,495	$194,413	$185,694	$208,487	$172,279	$2,762,829
NET OPERATING INCOME	$242,624	$245,007	$100,592	$169,358	$301,178	$282,905	$295,960	$36,896	$277,078	$279,581	$251,955	$299,084	$2,782,219
INTEREST EXPENSE
Interest Expense 6110	$102,590	$102,445	$102,300	$102,153	$102,007	$101,859	$101,711	$101,562	$101,413	$101,263	$101,112	$100,961	$1,221,376
Interest on Security Deposits 6120	$163	$174	$174	$175	$175	$175	$179	$174	$178	$170	$171	$172	$2,081
TOTAL INTEREST EXPENSE	$102,753	$102,619	$102,474	$102,328	$102,182	$102,034	$101,890	$101,737	$101,591	$101,433	$101,283	$101,133	$1,223,457
OTHER EXPENSES
Amortization of Loan Costs 6210	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$34,286
TOTAL OTHER EXPENSES	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$2,857	$34,286
DEPRECIATION
Depreciation 6310	$103,921	$104,374	$104,732	$104,597	$104,259	$104,218	$104,101	$104,330	$104,092	$104,171	$104,049	$103,907	$1,250,751
TOTAL DEPRECIATION	$103,921	$104,374	$104,732	$104,597	$104,259	$104,218	$104,101	$104,330	$104,092	$104,171	$104,049	$103,907	$1,250,751
TOTAL EXPENSES	$393,774	$415,210	$573,985	$504,111	$370,755	$388,979	$391,127	$639,419	$402,953	$394,156	$416,677	$380,176	$5,271,322
NET INCOME	$33,093	$35,157	-$109,471	-$40,424	$91,880	$73,796	$87,111	-$172,027	$68,538	$71,120	$43,765	$91,188	$273,726

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.