Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 9

Shared Beds 15

Total Beds 24

Vacancy Rate (estimated) 25%

House Mentors 1

Revenue-Producing Beds 17.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $224,640.00

Less: Vacancy & Loss $56,160.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $7,200.00

Plus: Laundry Service Revenue $3,744.00

Total Revenue $170,064.00

Expenses (Annual)

Property Taxes $5,139.00

Property Insurance $3,150.00

Valuation

Capitalization Rate 8%