Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 30

Total Beds 31

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 24.00

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $257,920.00

Less: Vacancy & Loss $51,584.00

Less: Mentor Rent Credit $8,320.00

Plus: Intake Fee Revenue $10,000.00

Plus: Laundry Service Revenue $5,200.00

Total Revenue $213,216.00

Expenses (Annual)

Operating Expenses $32,523.00

Property Taxes $4,486.00

Valuation

Capitalization Rate 8.50%