Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 15

Shared Beds 1

Total Beds 16

Vacancy Rate (estimated) 14%

House Mentors 0.852495579923351

Revenue-Producing Beds 12.91

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $149,760.00

Less: Vacancy & Loss $20,966.40

Less: Mentor Rent Credit $7,979.36

Plus: Intake Fee Revenue $5,504.00

Plus: Laundry Service Revenue $2,862.00

Total Revenue $129,180.00

Expenses (Annual)

Operating Expenses $15,458.00

Property Taxes $3,979.00

Valuation

Capitalization Rate 12%