Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 9

Shared Beds 3

Total Beds 12

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 9.32

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $78,000.00

Less: Vacancy & Loss $10,920.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $4,128.00

Plus: Laundry Service Revenue $2,147.00

Total Revenue $66,855.00

Expenses (Annual)

Operating Expenses $13,340.00

Property Taxes $2,380.48

Valuation

Capitalization Rate 12%