Overview

Lease and Income Structure

Property Financials

Bed Data

Shared Beds 38

Total Beds 38

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 28.40

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $395,200.00

Less: Vacancy & Loss $79,040.00

Less: Mentor Rent Credit $20,800.00

Plus: Intake Fee Revenue $12,160.00

Plus: Laundry Service Revenue $6,323.00

Total Revenue $313,843.00

Expenses (Annual)

Operating Expenses $45,646.00

Property Taxes $11,150.00

Valuation

Capitalization Rate 8.75%