Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 17

Shared Beds 2

Total Beds 19

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 14.20

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $167,960.00

Less: Vacancy & Loss $33,592.00

Less: Mentor Rent Credit $8,840.00

Plus: Intake Fee Revenue $6,080.00

Plus: Laundry Service Revenue $3,162.00

Total Revenue $134,770.00

Expenses (Annual)

Operating Expenses $20,317.00

Property Taxes $4,793.00

Property Insurance $2,150.00

Valuation

Capitalization Rate 8%