Price
Listing Tags
Beds
28.9
Size
5806 sqft
Type
4+ Units

Overview

Lease and Income Structure

Property Financials
Bed Data
Total Beds 28.9
Vacancy Rate (estimated) 14%
House Mentors 2.86291915521499
Revenue-Producing Beds 21.99
Weekly Rent $180.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $270,504.00
Less: Vacancy & Loss $37,870.56
Less: Mentor Rent Credit $26,796.92
Plus: Intake Fee Revenue $9,940.00
Plus: Laundry Service Revenue $5,169.00
Total Revenue $220,946.00
Expenses (Annual)
Operating Expenses $35,805.00
Property Taxes $11,870.00
Valuation
Capitalization Rate 12%