Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 18

Total Beds 19

Vacancy Rate (estimated) 10%

House Mentors 1

Revenue-Producing Beds 16.10

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $187,720.00

Less: Vacancy & Loss $18,772.00

Less: Mentor Rent Credit $9,880.00

Plus: Intake Fee Revenue $6,840.00

Plus: Laundry Service Revenue $3,557.00

Total Revenue $169,465.00

Expenses (Annual)

Operating Expenses $21,989.00

Property Taxes $5,573.00

Property Insurance $2,900.00

Valuation

Capitalization Rate 8%