Price
Listing Tags
Beds
18.6
Size
3200 sqft
Type
4+ Units

Overview

Lease and Income Structure

Property Financials
Bed Data
Total Beds 18.6
Vacancy Rate (estimated) 14%
House Mentors 1.587301576984127
Revenue-Producing Beds 14.41
Weekly Rent $160.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $154,752.00
Less: Vacancy & Loss $21,665.28
Less: Mentor Rent Credit $13,206.35
Plus: Intake Fee Revenue $6,400.00
Plus: Laundry Service Revenue $3,328.00
Total Revenue $129,608.00
Expenses (Annual)
Operating Expenses $18,116.00
Property Taxes $13,484.00
Valuation
Capitalization Rate 8.50%