Overview

Lease and Income Structure

Property Financials

Bed Data

Shared Beds 21

Total Beds 21

Vacancy Rate (estimated) 15%

House Mentors 1

Revenue-Producing Beds 16.85

Weekly Rent $225.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $245,700.00

Less: Vacancy & Loss $36,855.00

Less: Mentor Rent Credit $11,700.00

Plus: Intake Fee Revenue $7,140.00

Plus: Laundry Service Revenue $3,713.00

Total Revenue $207,998.00

Expenses (Annual)

Operating Expenses $21,538.00

Property Taxes $14,410.00

Valuation

Capitalization Rate 8%