Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 24

Total Beds 25

Vacancy Rate (estimated) 16%

House Mentors 1

Revenue-Producing Beds 20.00

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $260,000.00

Less: Vacancy & Loss $41,600.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $8,400.00

Plus: Laundry Service Revenue $4,368.00

Total Revenue $220,768.00

Expenses (Annual)

Operating Expenses $27,408.00

Property Taxes $9,912.00

Valuation

Capitalization Rate 12%