Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 17

Total Beds 18

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 13.40

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $117,000.00

Less: Vacancy & Loss $23,400.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $5,760.00

Plus: Laundry Service Revenue $2,995.00

Total Revenue $95,855.00

Expenses (Annual)

Operating Expenses $19,474.00

Property Taxes $2,713.00

Valuation

Capitalization Rate 9.50%