Price
Listing Tags
Beds
21.4
Size
3841 sqft
Type
Commercial

Overview

Lease and Income Structure

Property Financials
Bed Data
Total Beds 21.4
Vacancy Rate (estimated) 14%
House Mentors 1
Revenue-Producing Beds 17.00
Weekly Rent $160.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $178,048.00
Less: Vacancy & Loss $24,926.72
Less: Mentor Rent Credit $8,320.00
Plus: Intake Fee Revenue $7,200.00
Plus: Laundry Service Revenue $3,744.00
Total Revenue $155,745.00
Expenses (Annual)
Operating Expenses $20,779.00
Property Taxes $4,000.00
Valuation
Capitalization Rate 12%