Financial Statement
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 | $241,723 | $237,850 | $245,202 | $250,832 | $252,672 | $250,883 | $247,591 | $247,733 | $250,811 | $245,621 | $247,752 | $244,488 | $2,963,159 |
| Concessions 4020 | -$355 | -$355 | -$401 | -$470 | -$470 | -$470 | -$470 | -$375 | -$375 | -$467 | -$508 | -$425 | -$5,140 |
| TOTAL LEASING INCOME | $241,368 | $237,495 | $244,801 | $250,362 | $252,202 | $250,413 | $247,121 | $247,358 | $250,436 | $245,154 | $247,245 | $244,063 | $2,958,018 |
| OTHER INCOME | |||||||||||||
| Pet Rent 4110 | $490 | $495 | $565 | $565 | $565 | $565 | $565 | $565 | $555 | $490 | $490 | $536 | $6,446 |
| Application Fees 4120 | $488 | $390 | $98 | $465 | — | $98 | $173 | $195 | $98 | $368 | $443 | $518 | $3,330 |
| Administrative Fees 4130 | $1,250 | $1,000 | $250 | $1,000 | — | $250 | $250 | $500 | $250 | $750 | $750 | $750 | $7,000 |
| Late Charges 4140 | $340 | $170 | — | $340 | $340 | $255 | $170 | $255 | $255 | $425 | $340 | $255 | $3,145 |
| Returned Check Fees 4150 | — | — | — | — | — | — | — | — | $35 | — | $35 | — | $70 |
| Month-to-Month Fees 4160 | — | — | — | — | — | $555 | $555 | $555 | $520 | $280 | $280 | $645 | $3,390 |
| Insufficient Notice Penalties 4170 | — | $625 | — | — | — | — | — | — | — | — | — | — | $625 |
| Deposit Forfeitures 4180 | $788 | $127 | $142 | $109 | $122 | $260 | $215 | $168 | $711 | $308 | $252 | $479 | $3,681 |
| Damages 4190 | $899 | $120 | $155 | $38 | $158 | $238 | $128 | $116 | $711 | $225 | $324 | $268 | $3,380 |
| Cleaning Charges 4200 | $300 | $60 | $60 | $60 | $60 | $120 | $120 | $60 | $300 | $120 | $120 | $180 | $1,560 |
| Cable/Internet Income 4210 | $4,228 | $4,107 | $4,173 | $4,223 | $4,282 | $4,150 | $4,210 | $4,154 | $4,175 | $4,249 | $4,202 | $3,962 | $50,115 |
| Commercial Rent 4230 | $12,676 | $12,676 | $12,676 | $12,899 | $12,899 | $12,899 | $13,056 | $13,056 | $13,056 | $13,056 | $13,056 | $13,056 | $155,058 |
| CAM Recoveries 4240 | $3,251 | $3,251 | $3,251 | $3,307 | $3,307 | $3,307 | $3,348 | $3,348 | $3,348 | $3,348 | $3,348 | $3,348 | $39,763 |
| Miscellaneous Income 4290 | $366 | $383 | $393 | $365 | $223 | $483 | $262 | $442 | $296 | $520 | $417 | $284 | $4,433 |
| TOTAL OTHER INCOME | $25,075 | $23,403 | $21,762 | $23,370 | $21,955 | $23,179 | $23,051 | $23,414 | $24,310 | $24,139 | $24,056 | $24,281 | $281,995 |
| TOTAL REVENUES | $266,443 | $260,897 | $266,564 | $273,731 | $274,157 | $273,591 | $270,172 | $270,772 | $274,747 | $269,294 | $271,301 | $268,344 | $3,240,013 |
| OPERATING EXPENSES | |||||||||||||
| Salaries Office 5010 | $14,460 | $21,752 | $14,543 | $14,584 | $14,626 | $14,668 | $14,710 | $14,753 | $22,193 | $14,838 | $14,880 | $14,923 | $190,929 |
| Salaries Maintenance 5020 | $10,211 | $15,361 | $10,270 | $10,299 | $10,329 | $10,359 | $10,388 | $10,418 | $15,672 | $10,478 | $10,508 | $10,538 | $134,832 |
| Overtime 5030 | $442 | $2,118 | $787 | $1,060 | $345 | $1,332 | $528 | $693 | $1,766 | $2,652 | $1,366 | $1,088 | $14,178 |
| Vacation/Holiday/Sick 5040 | $738 | $1,448 | $694 | $824 | $787 | $838 | $760 | $649 | $1,087 | $799 | $718 | $906 | $10,250 |
| Payroll Taxes & Benefits 5050 | $5,525 | $8,631 | $5,632 | $5,708 | $5,566 | $5,799 | $5,638 | $5,690 | $8,719 | $6,153 | $5,886 | $5,841 | $74,787 |
| Uniforms 5060 | $136 | $72 | $142 | — | $111 | $82 | $421 | $74 | $101 | $116 | — | $60 | $1,315 |
| Employee Relations 5070 | — | $142 | $102 | — | — | — | $202 | $128 | $389 | $254 | $89 | $166 | $1,472 |
| Total Payroll | $31,512 | $49,523 | $32,168 | $32,476 | $31,765 | $33,078 | $32,648 | $32,405 | $49,926 | $35,289 | $33,448 | $33,523 | $427,762 |
| Office Supplies 5110 | $278 | $270 | $265 | $275 | $358 | $324 | $291 | $364 | $373 | $257 | $262 | $301 | $3,619 |
| Computer/Software 5120 | $1,195 | $1,160 | $988 | $933 | $984 | $1,054 | $1,063 | $1,026 | $1,105 | $1,009 | $948 | $1,014 | $12,480 |
| Telephone 5130 | $477 | $252 | $203 | $271 | $318 | $355 | $252 | $312 | $384 | $332 | $412 | $401 | $3,970 |
| Internet 5140 | $214 | $231 | $293 | $312 | $297 | $380 | $288 | $162 | $285 | $278 | $259 | $261 | $3,261 |
| Dues & Subscriptions 5150 | $127 | $149 | $48 | — | $148 | $144 | $35 | $91 | $78 | $77 | $184 | $187 | $1,269 |
| Licenses/Permits/Fees 5160 | $863 | $542 | $452 | $613 | $694 | $580 | $430 | $307 | $447 | $469 | $452 | $495 | $6,342 |
| Training 5170 | $193 | $133 | $75 | $19 | $81 | $157 | $343 | $179 | $113 | $39 | $72 | $31 | $1,434 |
| Business Cards/Forms 5180 | $31 | $61 | $20 | $45 | $66 | $53 | $73 | $42 | $128 | $101 | $116 | $41 | $778 |
| Total Administrative | $3,380 | $2,798 | $2,344 | $2,469 | $2,946 | $3,047 | $2,775 | $2,483 | $2,914 | $2,562 | $2,704 | $2,731 | $33,152 |
| Advertising 5210 | $1,458 | $1,329 | $1,293 | $1,556 | $1,929 | $2,240 | $2,437 | $2,328 | $2,064 | $1,994 | $2,021 | $1,656 | $22,303 |
| Print Advertising 5220 | $103 | $145 | $165 | $241 | $136 | $89 | $117 | $38 | $52 | $22 | — | $51 | $1,160 |
| Model Expenses 5230 | $160 | $161 | $172 | $114 | $160 | $142 | $36 | $51 | $132 | $287 | $236 | $124 | $1,775 |
| Tenant Relations 5240 | $333 | $277 | $259 | $371 | $440 | $399 | $306 | $290 | $566 | $367 | $395 | $401 | $4,403 |
| Total Marketing | $2,053 | $1,911 | $1,889 | $2,282 | $2,666 | $2,870 | $2,896 | $2,706 | $2,814 | $2,671 | $2,652 | $2,232 | $29,641 |
| R&M Supplies 5310 | $1,396 | $1,317 | $1,244 | $1,301 | $1,376 | $1,383 | $1,319 | $1,316 | $1,377 | $1,426 | $1,503 | $1,621 | $16,579 |
| R&M Air Conditioning 5320 | $2,139 | $1,795 | $1,622 | $762 | $592 | $414 | $566 | $2,070 | $2,130 | $1,575 | $1,575 | $2,244 | $17,481 |
| R&M Electrical 5330 | $608 | $478 | $365 | $344 | $452 | $474 | $269 | $514 | $379 | $610 | $410 | $547 | $5,448 |
| R&M Plumbing 5340 | $1,003 | $1,097 | $1,310 | $1,061 | $772 | $784 | $500 | $1,342 | $1,242 | $863 | $536 | $1,234 | $11,741 |
| R&M Appliances 5350 | $574 | $860 | $401 | $560 | $216 | $245 | $242 | $402 | $595 | $658 | $434 | $829 | $6,013 |
| R&M Painting 5360 | $1,159 | $2,362 | $2,123 | $1,435 | $736 | $590 | $368 | $1,275 | $1,924 | $3,023 | $2,888 | $1,203 | $19,085 |
| R&M Floors 5370 | $323 | $1,033 | $2,126 | $1,191 | $1,391 | $1,364 | $1,623 | $539 | $420 | $586 | $174 | $1,159 | $11,926 |
| R&M Doors 5380 | $202 | $134 | $159 | $235 | $196 | $163 | $145 | $143 | $170 | $228 | $182 | $195 | $2,152 |
| R&M Grounds 5390 | $2,813 | $2,450 | $2,120 | $1,444 | $1,419 | $2,058 | $2,427 | $2,083 | $2,729 | $3,738 | $3,390 | $3,838 | $30,506 |
| R&M Pool 5400 | $1,071 | $570 | $429 | $515 | $262 | $179 | $346 | $256 | $362 | $838 | $1,147 | $764 | $6,736 |
| R&M Pest Control 5410 | $346 | $275 | $483 | $423 | $355 | $334 | $283 | $454 | $413 | $644 | $783 | $314 | $5,104 |
| R&M Cleaning 5420 | $666 | $438 | $928 | $1,078 | $893 | $967 | $717 | $680 | $937 | $852 | $457 | $674 | $9,284 |
| R&M Fire Systems 5430 | $359 | $942 | $359 | $277 | $584 | $364 | $71 | $305 | $131 | $263 | $267 | $241 | $4,159 |
| R&M Locks & Keys 5440 | $289 | $86 | $49 | $34 | $190 | $190 | $167 | $181 | $105 | $53 | $136 | $74 | $1,552 |
| R&M Parking Lot 5450 | $231 | $99 | $137 | $283 | $205 | $47 | $70 | $562 | $228 | $368 | $368 | $251 | $2,846 |
| R&M Miscellaneous 5460 | $463 | $203 | $183 | $66 | $210 | $290 | $373 | $1,201 | $840 | $502 | $534 | $237 | $5,099 |
| Unit Turnover/Upgrades 5470 | $3,311 | $6,346 | $2,490 | $616 | $814 | $964 | $2,776 | $1,931 | $2,895 | $4,143 | $2,412 | $2,043 | $30,738 |
| Total Repairs & Maintenance | $16,949 | $20,482 | $16,524 | $11,621 | $10,660 | $10,806 | $12,259 | $15,251 | $16,874 | $20,365 | $17,193 | $17,463 | $186,447 |
| Electric (House) 5510 | $3,408 | $3,518 | $3,091 | $3,184 | $2,885 | $2,276 | $2,737 | $2,233 | $2,867 | $2,995 | $4,580 | $3,979 | $37,753 |
| Water & Sewer 5520 | $5,855 | $10,842 | $3,948 | $4,922 | $11,225 | $3,907 | $9,018 | $3,865 | $9,299 | $9,054 | $2,172 | $4,797 | $78,904 |
| Waste Collection 5530 | $2,638 | $932 | $1,093 | $1,565 | $1,570 | $1,575 | $1,580 | $2,699 | $954 | $2,240 | $960 | $1,125 | $18,929 |
| Total Utilities | $11,901 | $15,292 | $8,132 | $9,670 | $15,680 | $7,758 | $13,335 | $8,797 | $13,119 | $14,288 | $7,712 | $9,902 | $135,587 |
| Insurance 5610 | — | — | $142,848 | — | — | — | — | — | — | — | — | — | $142,848 |
| Real Estate & Personal Property Taxes 5630 | — | — | $154,039 | $102,693 | — | — | — | — | — | — | — | — | $256,731 |
| Total Insurance/Taxes | — | — | $296,886 | $102,693 | — | — | — | — | — | — | — | — | $399,579 |
| Management Fees 5710 | $7,993 | $7,827 | $7,997 | $8,212 | $8,225 | $8,208 | $8,105 | $8,123 | $8,242 | $8,079 | $8,139 | $8,050 | $97,200 |
| Legal Fees 5720 | $292 | $237 | $359 | $386 | $276 | $266 | $398 | $325 | $346 | $468 | $294 | $254 | $3,901 |
| Consulting Fees 5730 | $181 | $203 | $161 | $172 | $129 | $186 | $204 | $161 | $188 | $206 | $178 | $163 | $2,132 |
| Miscellaneous Expense 5750 | $180 | $180 | $158 | $196 | $214 | $237 | $246 | $256 | $194 | $175 | $156 | $196 | $2,389 |
| Total Management/Professional | $8,646 | $8,446 | $8,675 | $8,966 | $8,843 | $8,898 | $8,954 | $8,866 | $8,970 | $8,928 | $8,768 | $8,663 | $105,622 |
| TOTAL OPERATING EXPENSES | $74,442 | $98,454 | $366,618 | $170,176 | $72,560 | $66,456 | $72,866 | $70,508 | $94,617 | $84,103 | $72,477 | $74,514 | $1,317,790 |
| NET OPERATING INCOME | $192,001 | $162,444 | -$100,054 | $103,555 | $201,597 | $207,135 | $197,307 | $200,264 | $180,130 | $185,191 | $198,825 | $193,830 | $1,922,223 |
| INTEREST EXPENSE | |||||||||||||
| Interest Expense 6110 | $38,869 | $38,803 | $38,736 | $38,669 | $38,601 | $38,534 | $38,466 | $38,398 | $38,330 | $38,261 | $38,192 | $38,123 | $461,982 |
| Interest on Security Deposits 6120 | $88 | $86 | $87 | $90 | $89 | $89 | $88 | $88 | $88 | $87 | $86 | $85 | $1,050 |
| TOTAL INTEREST EXPENSE | $38,957 | $38,889 | $38,823 | $38,759 | $38,690 | $38,623 | $38,554 | $38,486 | $38,417 | $38,348 | $38,279 | $38,208 | $463,032 |
| OTHER EXPENSES | |||||||||||||
| Amortization of Loan Costs 6210 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $11,500 |
| TOTAL OTHER EXPENSES | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $958 | $11,500 |
| DEPRECIATION | |||||||||||||
| Depreciation 6310 | $56,763 | $56,579 | $56,395 | $56,210 | $56,026 | $55,842 | $55,658 | $55,473 | $55,289 | $55,105 | $54,920 | $54,736 | $668,996 |
| TOTAL DEPRECIATION | $56,763 | $56,579 | $56,395 | $56,210 | $56,026 | $55,842 | $55,658 | $55,473 | $55,289 | $55,105 | $54,920 | $54,736 | $668,996 |
| TOTAL EXPENSES | $171,120 | $194,880 | $462,794 | $266,104 | $168,235 | $161,879 | $168,036 | $165,425 | $189,282 | $178,514 | $166,634 | $168,417 | $2,461,319 |
| NET INCOME | $95,323 | $66,018 | -$196,230 | $7,627 | $105,922 | $111,712 | $102,137 | $105,346 | $85,465 | $90,780 | $104,667 | $99,927 | $778,694 |
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.