Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 22

Shared Beds 6

Total Beds 28

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 21.40

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $291,200.00

Less: Vacancy & Loss $58,240.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $8,960.00

Plus: Laundry Service Revenue $4,659.00

Total Revenue $236,179.00

Expenses (Annual)

Operating Expenses $31,917.00

Property Taxes $6,047.00

Valuation

Capitalization Rate 8%