Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 5

Shared Beds 25

Total Beds 30

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 22.50

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $249,600.00

Less: Vacancy & Loss $49,920.00

Less: Mentor Rent Credit $12,480.00

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $201,792.00

Expenses (Annual)

Operating Expenses $38,630.00

Property Taxes $7,000.00

Valuation

Capitalization Rate 8.50%