Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 6

Shared Beds 28

Total Beds 34

Vacancy Rate (estimated) 14%

House Mentors 2

Revenue-Producing Beds 27.24

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $300,560.00

Less: Vacancy & Loss $42,078.40

Less: Mentor Rent Credit $17,680.00

Plus: Intake Fee Revenue $11,696.00

Plus: Laundry Service Revenue $6,082.00

Total Revenue $258,580.00

Expenses (Annual)

Operating Expenses $49,083.00

Property Taxes $9,345.00

Property Insurance $3,200.00

Valuation

Capitalization Rate 8%