Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 23

Shared Beds 4

Total Beds 27

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 20.10

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $252,720.00

Less: Vacancy & Loss $50,544.00

Less: Mentor Rent Credit $14,040.00

Plus: Intake Fee Revenue $8,640.00

Plus: Laundry Service Revenue $4,493.00

Total Revenue $201,269.00

Expenses (Annual)

Operating Expenses $26,733.00

Property Taxes $5,298.00

Property Insurance $2,400.00

Valuation

Capitalization Rate 8%