Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 21

Total Beds 22

Vacancy Rate (estimated) 14%

House Mentors 1.5

Revenue-Producing Beds 17.42

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $228,800.00

Less: Vacancy & Loss $32,032.00

Less: Mentor Rent Credit $15,600.00

Plus: Intake Fee Revenue $7,568.00

Plus: Laundry Service Revenue $3,935.00

Total Revenue $192,671.00

Expenses (Annual)

Operating Expenses $24,696.00

Property Taxes $8,683.00

Property Insurance $3,900.00

Valuation

Capitalization Rate 8%