Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 30

Shared Beds 1

Total Beds 31

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 23.00

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $257,920.00

Less: Vacancy & Loss $51,584.00

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $10,000.00

Plus: Laundry Service Revenue $5,200.00

Total Revenue $204,896.00

Expenses (Annual)

Operating Expenses $32,577.00

Property Taxes $5,812.00

Valuation

Capitalization Rate 8.50%