Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 6

Total Beds 7

Vacancy Rate (estimated) 15%

House Mentors 1

Revenue-Producing Beds 4.95

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $65,520.00

Less: Vacancy & Loss $9,828.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $2,380.00

Plus: Laundry Service Revenue $1,238.00

Total Revenue $49,950.00

Expenses (Annual)

Operating Expenses $9,926.00

Property Taxes $4,687.00

Property Insurance $2,850.00

Valuation

Capitalization Rate 8%