Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 26

Total Beds 28

Vacancy Rate (estimated) 14%

House Mentors 2

Revenue-Producing Beds 22.08

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $232,960.00

Less: Vacancy & Loss $32,614.40

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $9,632.00

Plus: Laundry Service Revenue $5,009.00

Total Revenue $198,347.00

Expenses (Annual)

Operating Expenses $31,307.00

Property Taxes $5,226.00

Property Insurance $4,500.00

Valuation

Capitalization Rate 8.50%