Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 24

Total Beds 25

Vacancy Rate (estimated) 25%

House Mentors 1

Revenue-Producing Beds 17.75

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $234,000.00

Less: Vacancy & Loss $58,500.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $7,500.00

Plus: Laundry Service Revenue $3,900.00

Total Revenue $177,540.00

Expenses (Annual)

Operating Expenses $23,235.00

Property Taxes $4,341.00

Valuation

Capitalization Rate 8.75%