Price
Listing Tags
Beds
27.0
Size
5255 sqft
Type
Mixed Use

Overview

Lease and Income Structure

Property Financials
Bed Data
Total Beds 27.0
Vacancy Rate (estimated) 14%
House Mentors 2.703189322520576
Revenue-Producing Beds 20.52
Weekly Rent $160.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $224,640.00
Less: Vacancy & Loss $31,449.60
Less: Mentor Rent Credit $22,490.54
Plus: Intake Fee Revenue $9,288.00
Plus: Laundry Service Revenue $4,830.00
Total Revenue $184,818.00
Expenses (Annual)
Operating Expenses $27,082.00
Property Taxes $5,000.00
Valuation
Capitalization Rate 12%