Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 18

Total Beds 19

Vacancy Rate (estimated) 18%

House Mentors 1

Revenue-Producing Beds 14.58

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $123,500.00

Less: Vacancy & Loss $22,230.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $6,232.00

Plus: Laundry Service Revenue $3,241.00

Total Revenue $104,243.00

Expenses (Annual)

Operating Expenses $21,171.00

Property Taxes $2,954.00

Valuation

Capitalization Rate 12%