Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 22

Total Beds 24

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 19.64

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $249,600.00

Less: Vacancy & Loss $34,944.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $8,256.00

Plus: Laundry Service Revenue $4,293.00

Total Revenue $216,805.00

Expenses (Annual)

Operating Expenses $28,261.00

Property Taxes $14,579.00

Property Insurance $5,000.00

Valuation

Capitalization Rate 8%