Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 8

Total Beds 11

Vacancy Rate (estimated) 15%

House Mentors 1

Revenue-Producing Beds 8.35

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $102,960.00

Less: Vacancy & Loss $15,444.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $3,740.00

Plus: Laundry Service Revenue $1,945.00

Total Revenue $83,841.00

Expenses (Annual)

Operating Expenses $13,826.00

Property Taxes $5,778.00

Property Insurance $2,850.00

Valuation

Capitalization Rate 8%