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Dear XYZ Property Management Board Members,ABC, PresidentDEF, Vice PresidentPQR, DirectorPROPERTY MANAGEMENT MONTHLY REPORTExecutive SummaryThe Purpose of this report is to give an overview of the property management functions of ABC, Inc.The Dec 2016 monthly management report for ABC Property Management, prepared by OHI is enclosedfor the property named XYZ.The Management report detail information as of Dec 2016 are as follows: Financial summary as of recently published financial reports of December 31, 2016Operations Summaryo Work Order/ Service Requestso Occupancyo Move-Outs Summaryo Move-Ins Summaryo Applicant’s application statuso Expense SummaryBanking and Insurance Summaryo Banking Summaryo NSF Summaryo Insurance SummaryCreated on Jan’2017Copyright OutsourcingHubIndia, 2017, All rights reserved.

Financial SummaryThe Financial Summary provides information to the Monthly financial reports delivered separately fromthe management report sent each month.Account TitleOperating Cash issufficient to payInvoicesTotal Number of Units% of GPR collected forthe monthAvg % GPR collectedYTD% of DelinquentTenants Over 30 daysCurrent 101,111% of Tenants registeredfor ACHOperating fund netsurplusCurrent FY Budgetapproved and InputReplacement reserveallocationRental IncomeNAManagement Fees5%Net Operating Income 212,375Replacement fundfunding obligation 021791%97%3% 39,976Yes 4,396 302,167CommentsProperty has enough operating cash to pay recurring bills that are fullyprocessed and pending for payments. The remaining balance after check runwill be 25,606.00.Total number of units property has 217Property has collected 91% of GPR includes vacancies, loss to lease,concessions and outstanding rent.Property has consistently collected majority of its rent through out the yearThe percentage of delinquent tenants with balance due over 30 days has rangedbetween 02% to 05% across the last six months. Property is good to collectrent and charges.There is no ACH registered tenants in this propertyThere is net surplus for the month in the Operating fund in the most recentpublished financial report.The annual budget for the current fiscal year has been adopted and input in tothe accounting system for financial purposeThe site has allocated 4,396 monthly for current fiscal year to fund the futuremajor repair and replacement costs.ABC ltd. team worked diligently to keep the property moving in a positivedirection. They saw their highest physical and economic occupancy year-todate at 97.10% and 94.60% respectively. They exceeded rental income by 15,206 and other income by 1,253.Site has liable to pay 5% on rental income (Rental Income add Other Income)Operating income has reduced since November due to concession & bad debt!Total operating income was exceeded by 18,369.00!There is no unfunded obligation to the replacement fund at the end of the mostrecent financial reporting month.Operations SummaryXYZ ended the year with another fantastic financial month!December ending occupancy 97.1% physical and 96.5% net occupancy! They exceeded Rental Income by 15,206 and other income by 1,253. They came in under budget in total payroll by 5,015 mostly dueto new CD wages and current ACD on FMLA and typo in budget for housekeeper in the mount of 2920.32 and groundskeeper in the amount of 1038.34. Overall XYZ did fantastic and exceeded NOI bya total of 18,369.XYZ had overages in total major replacements, starting with carpet replacements by 7756 due to 7carpet replacements needed, counter tops by 558 and Hot Water Heater by 1304. They also hadCreated on Jan’2017Copyright OutsourcingHubIndia, 2017, All rights reserved.

overages in total major repairs due to garage E6 Repair and H building roof bird dropping removal in theamount of 1300.Work OrdersThe property management team has been prompt in responding to maintenance requests. The workorders created against maintenance requests are tracked actively. The % of open work orders at monthend has gone down from 20% to 17%ConditionTotalService Requests incurrent monthSR carried forwards fromprior periodsSR completed this periodSR Outstanding72Resident Property Comments/ Recommended ActionsRequests Requests639Includes both Resident and Property both31270562283These were left open in last monthMost of the open Service Requests have beenraised in the last week of the monthOccupancyThe occupancy summary provides supplementary information to the management report each month.Floor PlanTotal UnitsTotalUnits217UnitsOccupied211Occupancy %96.54YTD AVGOccupancy %96VacantVacant %63.46XYZ saw its highest economic occupancy year -to-date at 96.54% vs average YTD occupancy at 96%which helped raise their NOI!Occupancy trend 2016Occupancy 93.00%92.00%91.00%91.86%92.33%Created on Jan’2017Copyright OutsourcingHubIndia, 2017, All rights reserved.

Move-Outs SummaryThis section provides detail of Move-out and reason in detail.CategoryEvictionsLifestyle ChangeOtherOtherNumber1111Reason for Move-OutUnder eviction process, due to not paying rent on time since July’16Job and Location ChangedCannot afford rent or loss of JobNeeds a larger floorplan or more spaceThe property vacancy was impacted marginally by the higher than average move-outs per month.However, the property is working hard on increasing move-ins. The property has also a strong approvedapplicant list , which is expected to boost the move-ins significantly next month.Move-Ins SummaryThis section provides detail of Move-out and reason in detail.CategoryNew Move-InsNumberRenewalsTotalReason for Move-Out14 Team able to manage good numbers of new move-ins i.e. 14The team pulled 6 renewals on their way to secure 60% of their6 December expirations20Applicants StatusThis section gives information on all applications like approved/ denied/ pending for ending forApprovalCreated on Jan’2017NumberCommentsWe have received 20 applications throughout the month and all for Lease20 holding residentThey approved based on conditions 1. Good leasing desk score and 2.12 Double deposit or consigner required.Due to some reasons like1. Resident is not ready pay other charges2. Application cannot confirm employment3. Rental history unsatisfactory4. Eviction Judgements Fraud Alerts8 5. Unsatisfactory credit score0 No application is pending for approvalCopyright OutsourcingHubIndia, 2017, All rights reserved.

Financial TrendsThis section gives you overview of some financial trends in different areas.Income Vs Expense 00309220610025002100Jan'16 Feb'16 Mar'16 Apr'16 May'16 5000250000Aug'16 Sep'16 Oct'16 Nov'16 Dec'16MarketingRepair MaintIncome/ Expense AllocationIncome/ Expense AllocationOther Utilities, 17%Payroll, 55%AdministrativeCreated on Jan’2017PayrollMarketingRepairGroundsOther OperatingUtilitiesCopyright OutsourcingHubIndia, 2017, All rights reserved.

Total Income Vs Total '16Aug'16Sept'16Total IncomeCreated on Jan’2017Oct'16Nov'16Dec'16Total ExpensesCopyright OutsourcingHubIndia, 2017, All rights reserved.

Banking and Insurance SummaryBanking SummaryCash & Cash EquivalentsBalances with bankCash in handFoundation Bank - OperatingFoundation Bank - Credit CardFoundation Bank - Security DepositsOther bank balances -MortgageReplacementNov'16Dec'16No cash transaction allowed 86,023.18 100.00 123,883.86No cash transaction allowed 99,125.75 100.00 129,000.92 17,644.52 22,040.35NSF SummaryNSFFoundation Bank - OperatingFoundation Bank - Credit CardNov'16 1,600.00 1,076.67Dec'16 0.00 450.00Insurance SummaryThe Insurance summary provides an insurance status and coverage analysis to assist the association inidentifying potential areas of loss exposure and meeting its risk management objectives.ConditionMetricComments/ Recommended ActionPolicies in forceManagement company records reflect that the association has 24 known active insurance policies in forcePolicies expiring within 90 daysAs per management records there are 3 insurances are expiring in3 next 90 days, rest one is monthly paidExpired or missing policiesManagement company records reflect that there are NO expired or0 missing policiesInsurance requirementsPolicy TypePackageEPLIExcess Liability - UmbrellaOtherDirectors & OfficersGeneral LiabilityFloodSpecial EventCreated on Jan’2017Coverage TypesGeneral Liability, PropertyEmployee InsuranceUmbrellaThird PartyNot requiredNot requiredNot requiredNot requiredRequirement StatusConfirmed RequirementConfirmed RequirementConfirmed RequirementConfirmed RequirementNot requiredNot requiredNot requiredNot requiredCopyright OutsourcingHubIndia, 2017, All rights reserved.

Active and Future PoliciesActive and Future Insurance PoliciesAPMExcess LiabilityEPLIPackagePackageCreated on Jan’2017EPLIExcess LiabilityAPMCopyright OutsourcingHubIndia, 2017, All rights reserved.

Dec 31, 2016 · 15,206 and other income by 1,253. They came in under budget in total payroll by 5,015 mostly due to new CD wages and current ACD on FMLA and typo in budget for housekeeper in the mount of 2920.32 and groundskeeper in the amount of 1038.34. Overall