Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 29

Total Beds 30

Vacancy Rate (estimated) 25%

House Mentors 1

Revenue-Producing Beds 21.50

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $265,200.00

Less: Vacancy & Loss $66,300.00

Less: Mentor Rent Credit $8,840.00

Plus: Intake Fee Revenue $9,000.00

Plus: Laundry Service Revenue $4,680.00

Total Revenue $203,740.00

Expenses (Annual)

Operating Expenses $28,029.00

Property Taxes $7,940.00

Valuation

Capitalization Rate 8.50%