Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 14

Shared Beds 2

Total Beds 16

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 11.80

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $158,080.00

Less: Vacancy & Loss $31,616.00

Less: Mentor Rent Credit $9,880.00

Plus: Intake Fee Revenue $5,120.00

Plus: Laundry Service Revenue $2,662.00

Total Revenue $124,366.00

Expenses (Annual)

Operating Expenses $17,533.00

Property Taxes $5,330.00

Property Insurance $2,400.00

Valuation

Capitalization Rate 8%