Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 16

Shared Beds 1

Total Beds 17

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 12.60

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $167,960.00

Less: Vacancy & Loss $33,592.00

Less: Mentor Rent Credit $9,880.00

Plus: Intake Fee Revenue $5,440.00

Plus: Laundry Service Revenue $2,829.00

Total Revenue $132,757.00

Expenses (Annual)

Operating Expenses $18,606.00

Property Taxes $4,141.00

Property Insurance $2,400.00

Valuation

Capitalization Rate 8%