Prepared by Tim · Prosynergy Bookkeeping · Accrual Basis
Video Walkthrough — Tim Kuepfer
April Revenue
$8,704
▲ +307% vs March
3-mo rolling avg: $3,158
Net Income
+$3,596
▲ First profitable month of 2026
Prior 3-mo avg: −$4,422
Cash in Bank
$4,370
▼ −$836 vs March
Loan payments exceeded income slightly
Total Debt
$954,608
6 active loans · ~$3,955/mo P&I
Down $3,955 from March (payments made)
"April was the first profitable month of the year — but the business needs Browning Street's April surge to become the new normal before the debt load becomes unmanageable."
Three Power Insights
🔍 April Turned Profitable — Confirm It Wasn't a One-Time Bounce
April was the first positive month of 2026 at +$3,596. The driver was Browning Street collecting $6,454 — triple March's level. Before celebrating, confirm whether that reflects a new lease rate or catch-up rent. If it's the new normal, you're on solid ground. If it was a one-time payment, May will be tight again.
→ Call or message the Browning Street tenant this week to confirm the ongoing monthly payment amount.
📌 Five Loans, ~$3,955 Due Every Month — Revenue Must Keep Up
Total debt is $954,608 across six loans, with four requiring ~$3,955/month in combined payments. In Q1, revenue wasn't covering that — the business borrowed $18,227+ from Gemeinde and Sunset View just to stay afloat. April flipped that script. Sustaining $7,000+ in monthly revenue isn't optional; it's the number that keeps you off the borrowing treadmill.
→ Target: keep monthly revenue above $7,000 so debt service covers itself without new draws.
✅ Credit Card Down 48% Since January — Keep That Streak Going
The Flat Top CC dropped from $3,227 in January to $1,683 in April — a $1,544 reduction over four months. That's disciplined cash management. As long as monthly revenue stays strong, there's no reason to let that balance creep back up.
→ Goal: get the CC balance below $1,000 by June. You're close.
P&L Summary — Last 4 Months + Average
Line Item
Jan
Feb
Mar
Apr
4-Mo Avg
REVENUE
Bay Street
$2,250
$2,250
$0
$2,250
$1,688
Browning Street
$1,149
$1,685
$2,140
$6,454
$2,857
Total Revenue
$3,399
$3,935
$2,140
$8,704
$4,544
EXPENSES
Interest Expense
$4,199
$3,920
$3,626
$3,948
$3,923
Insurance
$3,284
$0
$834
$0
$1,029
Utilities & Electric
$1,048
$768
$1,078
$900
$949
Meals & Entertainment
$371
$832
$262
$0
$366
Dues & Subscriptions
$169
$116
$116
$116
$129
Property Repairs
$144
$269
$288
$144
$212
All Other Expenses
$1,283
$11
$123
$0
$354
Total Expenses
$10,498
$5,916
$6,327
$5,108
$6,962
Net Income
−$7,099
−$1,980
−$4,187
+$3,596
−$4,418 avg
■ Negative / Below baseline■ Positive / Improving■ 4-Month Average
April Cash Flow Waterfall
What This Means
Beginning Cash
Started April with $5,206 — the strongest opening balance of the year.
Net Income +$3,596
First profitable month of 2026. Revenue finally covered all operating expenses.
CC Paydown −$405
Paid down the credit card balance — healthy ongoing discipline.
Loan Payments −$3,955
Four loans took $3,955 automatically. This is the fixed monthly cost of owning the properties.
Owner Draw −$72
Minimal draw — owner is keeping cash in the business while it stabilizes.
Ending Cash $4,370
Down slightly from March, but the business is self-funding for the first time this year — no new borrowing needed in April.
Key Accounts Snapshot
Cash in Bank
$4,370
▼ −$836 vs March
Credit Card Balance
$1,683
▼ −$405 vs March · down 48% since Jan
Formal A/P
$0
No outstanding vendor payables
Total Debt (6 Loans)
$954,608
~$3,955/mo in P&I payments
Profit Quality Score
April — Healthy Range (0.80–1.20)
0.89
Financial Health Ratios
Current Ratio
2.60
✓ Healthy
For every $1 owed short-term (credit card), there's $2.60 in cash. Solid cushion.
Profit Quality Score
0.89
✓ Healthy
Earnings are converting to real cash flow. No disconnect between income and cash.
Debt-to-Revenue (Monthly)
45.4%
⚠ Watch
$3,955 of every $8,704 in April revenue goes to loan P&I payments. Fine in a strong month — tight in a weak one.
Operating Expense Ratio
58.7%
✓ Healthy
First month all year where expenses (58.7%) were comfortably below revenue. Prior months ranged 150–309%.
📅 Before Next Month
The Event
Five monthly loan payments totaling ~$3,955 hit automatically in May. If Browning Street revenue returns to its Q1 range ($1,100–$2,140), the business will be cash-flow negative and may need to draw on the Gemeinde or Sunset View notes again — as it did every month in Q1.
Estimated Impact
Revenue below $5,500 in May produces a net loss. Below $4,500 likely requires a $1,500–$2,000 bridge draw from existing credit lines.
One Action Item
Before May 31: Confirm the Browning Street lease terms and whether April's $6,454 was a new run rate, back-rent, or a one-time deposit. This single call tells you whether May is safe or not.
How helpful was this month's review?
Your feedback helps us improve every month.
Thanks for the feedback! 🙏
This report is prepared by Prosynergy Bookkeeping for internal use by the client and their bookkeeping team. It is based on accrual-basis financial data exported from QuickBooks and is not a substitute for CPA-reviewed financial statements or tax advice.