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Mariner House P&L January-September 2018

By in Owners Only with 0 Comments

MARINER HOUSE 3:30 PM
Profit & Loss 12/03/2018
January through September 2018 Cash Basis
Jan – Sep 18
Ordinary Income/Expense
Income
Commissions
Commissions 10% 4,359.98
Commissions 5% 2,179.99
Total Commissions 6,539.97
Special Assessment 20,430.75
Fees 263,368.13
Finance Charge 2,428.71
Rentals 11,109.53
Total Income 303,877.09
Cost of Goods Sold
Commission Expense 4,772.28
Total COGS 4,772.28
Gross Profit 299,104.81
Expense
CAPITAL FUNDĀ  PROJECTS 20,472.69
Bad Debt 339.12
CLEANING 30,121.81
Credit Card Fees 814.01
FURNISHINGS
Furnishings-Aurora 79.99
Total FURNISHINGS 79.99
GENERAL SUPPLIES 5,103.05
INSURANCE
Commercial Property Insurance 13,364.00
Work Comp 2,441.00
Total INSURANCE 15,805.00
LANDSCAPE/SNOW REMOVAL 880.13
MARKETING 1,277.99
MISCELLANEOUS 150.00
P.M/ADMIN./SUPER
Facilities Manager 26,250.03
Office Supplies 271.69
Postage and Delivery 352.67
Printing and Reproduction 240.35
Total P.M/ADMIN./SUPER 27,114.74
PROFESSIONAL FEES
Accounting 730.45
Total PROFESSIONAL FEES 730.45
PROPERTY MANAGEMENT 57,937.50
REPAIRS
Building Repairs
Subcontractors 9,038.11
Total Building Repairs 9,038.11
Materials and Supplies 2,810.78
REPAIRS – Other 322.15
Total REPAIRS 12,171.04
TAXES
Per. Prop. Taxes 223.59
Real Estate Taxes 12,924.09
State 28.50
Total TAXES 13,176.18
UTILITIES
TELEPHONE 821.01
Cable/Internet 4,766.39
Electric 2,353.11
Fuel Oil/Wood 9,202.19
Sewer 1,508.23
Trash Removal 1,233.00
Water 988.76
Total UTILITIES 20,872.69
Total Expense 207,046.39
Net Ordinary Income 92,058.42
Other Income/Expense
Other Income
Interest Income 891.35
Total Other Income 891.35
Net Other Income 891.35
Net Income 92,949.77