Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 29

Shared Beds 1

Total Beds 30

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 22.50

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $280,800.00

Less: Vacancy & Loss $56,160.00

Less: Mentor Rent Credit $14,040.00

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $225,192.00

Expenses (Annual)

Operating Expenses $25,124.00

Property Taxes $2,242.00

Valuation

Capitalization Rate 12%