Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 6

Shared Beds 10

Total Beds 16

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 12.76

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $104,000.00

Less: Vacancy & Loss $14,560.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $5,504.00

Plus: Laundry Service Revenue $2,862.00

Total Revenue $91,306.00

Expenses (Annual)

Operating Expenses $20,221.00

Property Taxes $2,400.00

Valuation

Capitalization Rate 12%