Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 15

Total Beds 17

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 12.60

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $176,800.00

Less: Vacancy & Loss $35,360.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $5,440.00

Plus: Laundry Service Revenue $2,829.00

Total Revenue $139,309.00

Expenses (Annual)

Property Taxes $6,541.00

Property Insurance $3,413.00

Valuation

Capitalization Rate 8%