Price
Listing Tags
Beds
16.0
Size
2667 sqft
Type
Two-Family

Overview

Lease and Income Structure

Property Financials
Bed Data
Total Beds 16.0
Vacancy Rate (estimated) 20%
House Mentors 1
Revenue-Producing Beds 11.80
Weekly Rent $125.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $104,000.00
Less: Vacancy & Loss $20,800.00
Less: Mentor Rent Credit $6,500.00
Plus: Intake Fee Revenue $5,120.00
Plus: Laundry Service Revenue $2,662.00
Total Revenue $84,482.00
Expenses (Annual)
Operating Expenses $17,804.00
Property Taxes $1,455.00
Valuation
Capitalization Rate 9.50%