Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 4

Shared Beds 16

Total Beds 20

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 15.00

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $166,400.00

Less: Vacancy & Loss $33,280.00

Less: Mentor Rent Credit $8,320.00

Plus: Intake Fee Revenue $6,400.00

Plus: Laundry Service Revenue $3,328.00

Total Revenue $134,528.00

Expenses (Annual)

Operating Expenses $21,572.00

Property Taxes $2,446.00

Valuation

Capitalization Rate 8.50%