Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 21

Total Beds 23

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 16.90

Weekly Rent $290.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $346,840.00

Less: Vacancy & Loss $69,368.00

Less: Mentor Rent Credit $22,620.00

Plus: Intake Fee Revenue $7,360.00

Plus: Laundry Service Revenue $3,827.00

Total Revenue $266,039.00

Expenses (Annual)

Property Taxes $9,178.00

Property Insurance $6,922.00

Valuation

Capitalization Rate 8%