Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 24

Total Beds 27

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 20.60

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $280,800.00

Less: Vacancy & Loss $56,160.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $8,640.00

Plus: Laundry Service Revenue $4,493.00

Total Revenue $227,373.00

Expenses (Annual)

Operating Expenses $31,676.00

Property Taxes $11,307.00

Property Insurance $4,150.00

Valuation

Capitalization Rate 8%