Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 32

Total Beds 35

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 26.00

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $345,800.00

Less: Vacancy & Loss $69,160.00

Less: Mentor Rent Credit $19,760.00

Plus: Intake Fee Revenue $11,200.00

Plus: Laundry Service Revenue $5,824.00

Total Revenue $273,904.00

Expenses (Annual)

Property Taxes $14,158.00

Property Insurance $5,100.00

Valuation

Capitalization Rate 8%