Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 15

Total Beds 18

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 13.40

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $177,840.00

Less: Vacancy & Loss $35,568.00

Less: Mentor Rent Credit $9,880.00

Plus: Intake Fee Revenue $5,760.00

Plus: Laundry Service Revenue $2,995.00

Total Revenue $141,147.00

Expenses (Annual)

Operating Expenses $25,005.00

Property Taxes $5,500.00

Valuation

Capitalization Rate 8.75%