Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 21

Total Beds 22

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 17.92

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $217,360.00

Less: Vacancy & Loss $30,430.40

Less: Mentor Rent Credit $9,880.00

Plus: Intake Fee Revenue $7,568.00

Plus: Laundry Service Revenue $3,935.00

Total Revenue $188,553.00

Expenses (Annual)

Operating Expenses $22,013.00

Property Taxes $3,996.00

Valuation

Capitalization Rate 12%