Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 19

Total Beds 21

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 17.06

Weekly Rent $210.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $229,320.00

Less: Vacancy & Loss $32,104.80

Less: Mentor Rent Credit $10,920.00

Plus: Intake Fee Revenue $7,224.00

Plus: Laundry Service Revenue $3,756.00

Total Revenue $197,275.00

Expenses (Annual)

Operating Expenses $24,584.00

Property Taxes $14,819.00

Valuation

Capitalization Rate 12%