Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 21

Total Beds 22

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 17.92

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $205,920.00

Less: Vacancy & Loss $28,828.80

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $7,568.00

Plus: Laundry Service Revenue $3,935.00

Total Revenue $179,234.00

Expenses (Annual)

Operating Expenses $23,346.00

Property Taxes $7,431.00

Property Insurance $4,500.00

Valuation

Capitalization Rate 8.50%