18 Quarry Road, Upton, MA 01568
Renovation completeListing planned Oct 5 · expected sale close Nov 20 (projected)
Contract
Purchase closed
Renovation started
Renovation complete
Today
Listing planned
Expected sale close
- Schedule update
- Renovation finished Sep 11, 3 days ago · listing planned for Oct 5, 21 days out · sale expected to close Nov 20.
- Lien status
- No liens recorded.
This week at 18 Quarry Road
See all daysProject cash
Bank balance61,623.43
Holdback−5,000.00
Pending card charges−1,184.37
Open sub invoices (2)−7,350.00
Unpaid crew statements−3,480.19
Owed to the operating account−3,034.00
Hours logged this week, not yet on a statement−620.00
Estimated crew labor through the end of the week−2,571.20
Loan interest through the projected sale close + 30 days−10,601.07
Utilities & insurance estimate−1,200.00
Available for return of capital26,582.60
A return of capital of $14,499.60 to you is proposed and awaiting approval.
My position
Contributed60,000.00
Returned0.00
Outstanding60,000.00
Accrued interest (96 days at 9%)1,420.27
Distributions received0.00
Projected profit share (15% of projected profit)projected8,105.96
Projected interest through Nov 20 (163 days at 9%)projected2,411.51
Projected total at exitprojected70,517.47
Budget vs actual
| Category | Original | Change orders | Actual | Variance |
|---|---|---|---|---|
| Materials | 38,000.00 | 0.00 | 31,420.00 | 6,580.00 |
| In-house labor | 24,000.00 | 0.00 | 22,390.00 | 1,610.00 |
| Subcontractors | 22,500.00 | 0.00 | 18,900.00 | 3,600.00 |
| Permits | 1,800.00 | 0.00 | 1,742.00 | 58.00 |
| Dumpsters & equipment | 2,700.00 | 0.00 | 2,180.00 | 520.00 |
| Design & misc | 3,000.00 | 0.00 | 1,120.00 | 1,880.00 |
| Total | 92,000.00 | 0.00 | 77,752.00 | 14,248.00 |
Financing
- Loan principal (10.5%, interest only)
- 403,850.00
- Interest paid to date
- 9,337.13
- Next payment (Oct 1)
- 3,533.69
- Draws received
- 87,650.00
Recent bank activity
Open full ledgerUncategorized
Pending review
Transfer
Reviewed
Home Depot
Receipt
Crew labor — week of Sep 14
Pending review
Crew labor — week of Sep 7
Pay statement
Sherwin-Williams
Pending review · Two candidates
Ridgeline Plumbing
Invoice
Transfer
Reviewed
