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MARINER HOUSE 9:26 AM Profit & Loss 07/11/2018

By in Owners Only with 0 Comments

MARINER HOUSE 9:26 AM
Profit & Loss 07/11/2018
January 1 through July 10, 2018 Cash Basis
Jan 1 – Jul 10, 18
Ordinary Income/Expense
Income
Commissions
Commissions 10% 2,670.00
Commissions 5% 1,335.00
Total Commissions 4,005.00
Special Assessment 20,166.09
Fees 259,911.29
Finance Charge 1,714.13
Rentals 9,760.00
Total Income 295,556.51
Cost of Goods Sold
Commission Expense 337.30
Total COGS 337.30
Gross Profit 295,219.21
Expense
CAPITAL FUND PROJECTS 15,172.69
Bad Debt 27.61
CLEANING 15,575.50
Credit Card Fees 872.12
FURNISHINGS
Furnishings-Aurora 79.99
Total FURNISHINGS 79.99
GENERAL SUPPLIES 3,620.41
INSURANCE
Commercial Property Insurance 13,364.00
Work Comp 2,629.00
Total INSURANCE 15,993.00
LANDSCAPE/SNOW REMOVAL 157.00
MARKETING 644.00
P.M/ADMIN./SUPER
Facilities Manager 14,583.35
Office Supplies 99.00
Postage and Delivery 352.67
Printing and Reproduction 240.35
Total P.M/ADMIN./SUPER 15,275.37
PROFESSIONAL FEES
Accounting 730.45
Total PROFESSIONAL FEES 730.45
PROPERTY MANAGEMENT 35,506.25
REPAIRS
Building Repairs
Subcontractors 2,546.00
Building Repairs – Other 5,262.00
Total Building Repairs 7,808.00
Materials and Supplies 4,642.43
Total REPAIRS 12,450.43
TAXES
Per. Prop. Taxes 223.59
Real Estate Taxes 12,924.09
State 28.50
Total TAXES 13,176.18
UTILITIES
TELEPHONE 368.64
Cable/Internet 3,119.17
Electric 1,230.10
Fuel Oil/Wood 2,281.69
Sewer 570.34
Trash Removal 731.50
Water 438.00
Total UTILITIES 8,739.44
Total Expense 138,020.44
Net Ordinary Income 157,198.77
Other Income/Expense
Other Income
Interest Income 531.66
Total Other Income 531.66
Net Other Income 531.66
Net Income 157,730.43