Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 4

Shared Beds 19

Total Beds 23

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 17.40

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $215,280.00

Less: Vacancy & Loss $43,056.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $7,360.00

Plus: Laundry Service Revenue $3,827.00

Total Revenue $174,051.00

Expenses (Annual)

Operating Expenses $25,467.00

Property Taxes $9,000.00

Valuation

Capitalization Rate 8.50%