Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 18

Total Beds 20

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 15.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $187,200.00

Less: Vacancy & Loss $37,440.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $6,400.00

Plus: Laundry Service Revenue $3,328.00

Total Revenue $150,128.00

Expenses (Annual)

Operating Expenses $24,156.00

Property Taxes $6,024.00

Property Insurance $3,150.00

Valuation

Capitalization Rate 8%