🔴 High Priority
Lease or Sell 13 Akokisa Dr Immediately
13 Akokisa Dr
This property generated $0 income in 6 months while incurring $5,043 in expenses (HOA, insurance, interest). Every month of vacancy deepens the loss. Aggressively market for rent or evaluate a sale to redeploy capital.
Current drag: -$5,043 YTD with no offsetting revenue
🔴 High Priority
Audit 15 Niska Dr Repair Spend
15 Niska Dr
$11,939 in repairs YTD is the single largest expense line in the entire portfolio — 85% of that property's total costs. Determine if this is a one-time capital improvement or ongoing deferred maintenance, and cap future spend with a repair threshold policy.
R&M alone = 3.4× annual rent collected at this property
🔴 High Priority
Refinance or Renegotiate Debt
All Properties
Interest expense at $31,267 is 54% of all costs and exceeds total rental income by $4,962. Explore refinancing at lower rates, consolidating loans, or paying down highest-rate balances first. Even a 1% rate reduction could save ~$3,000/yr per property.
Interest exceeds all rental income by $4,962 YTD
🟡 Medium Priority
Raise Rents to Market Rate
16 Annette Rd · 32 Tenkiller Ln
16 Annette Rd collected only $1,100 in 6 months (likely partial occupancy or below-market rent). 32 Tenkiller Ln collected $2,450 vs. a $1,100/mo budget — suggesting a lease renewal opportunity. Review all leases against current market comparables in the area.
Potential uplift: $200–$400/mo per underpriced unit
🟡 Medium Priority
Review Management Fee Structure
15 Niska Dr · 16 Annette Rd · 16 Arapaho Dr
Management fees total $4,384 YTD. 15 Niska Dr paid $920 in mgmt fees on only $3,500 in collected rent — a 26% effective rate. Renegotiate to a standard 8–10% rate across all properties and ensure fees are only charged on collected rent.
Potential savings: ~$800–$1,200/yr at market rates
🟡 Medium Priority
Bundle Insurance Policies
All Properties
With 8 properties paying separate insurance premiums totaling $3,396 YTD, a landlord portfolio policy or commercial umbrella policy could reduce premiums by 15–25%. Get a quote covering all Cherokee properties under one policy.
Potential savings: $500–$850/yr with bundled coverage
🟡 Medium Priority
Implement a Repair & Maintenance Cap Policy
All Properties
R&M totals $13,934 YTD with no apparent policy governing approval thresholds. Set a $500 per-incident cap requiring owner approval above that. Use a preventive maintenance schedule to reduce emergency repairs, which are always more costly.
Goal: reduce unplanned R&M by 30–40% in H2 2026
🔵 Longer Term
Consolidate Utility Billing
15 Niska Dr · 16 Annette Rd · 24 Tenkiller Ln
Utilities ($1,535 YTD) are being paid by the owner at 3 properties. Where lease terms allow, transition to tenant-paid utilities at renewal. This alone removes ~$3,000/yr from the expense column without affecting rental income.
Potential savings: ~$3,000/yr if shifted to tenants
🔵 Longer Term
Evaluate Low-Performing Assets for Sale
13 Akokisa Dr · 15 Niska Dr
Together these two properties account for $18,215 (58%) of total net losses. If repair and occupancy issues cannot be resolved by Q3 2026, a disposition analysis (sale price vs. continued carrying cost) should be completed to protect overall portfolio returns.
Combined loss: -$18,215 YTD (58% of total portfolio loss)