Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 6

Shared Beds 19

Total Beds 25

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 19.00

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $221,000.00

Less: Vacancy & Loss $44,200.00

Less: Mentor Rent Credit $8,840.00

Plus: Intake Fee Revenue $8,000.00

Plus: Laundry Service Revenue $4,160.00

Total Revenue $180,120.00

Expenses (Annual)

Operating Expenses $27,009.00

Valuation

Capitalization Rate 8.75%