Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 26

Total Beds 28

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 20.40

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $232,960.00

Less: Vacancy & Loss $46,592.00

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $8,960.00

Plus: Laundry Service Revenue $4,659.00

Total Revenue $183,347.00

Expenses (Annual)

Operating Expenses $26,344.00

Property Taxes $1,618.00

Property Insurance $3,200.00

Valuation

Capitalization Rate 8%