Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 19

Total Beds 21

Vacancy Rate (estimated) 14%

House Mentors 3

Revenue-Producing Beds 15.06

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $207,480.00

Less: Vacancy & Loss $29,047.20

Less: Mentor Rent Credit $29,640.00

Plus: Intake Fee Revenue $7,224.00

Plus: Laundry Service Revenue $3,756.00

Total Revenue $159,773.00

Expenses (Annual)

Operating Expenses $26,122.00

Property Taxes $6,892.00

Property Insurance $2,650.00

Valuation

Capitalization Rate 8%