ready-to-open
255 Poplar Street
Price
Listing Tags
—
Beds
6
Size
1900 sqft
Type
Single Family
Overview
Lease and Income Structure
Property Financials
Bed Data
Private Beds
2
Shared Beds
4
Total Beds
6
Vacancy Rate (estimated)
17%
Revenue-Producing Beds
5.00
Weekly Rent
$210.00
Intake Fee
$200.00
Revenue (Annual)
Total Potential Rent Income
$65,520.00
Less: Vacancy & Loss
$11,138.40
Plus: Intake Fee Revenue
$2,000.00
Plus: Laundry Service Revenue
$1,040.00
Total Revenue
$57,422.00
Expenses (Annual)
Operating Expenses
$10,954.00
Property Insurance
$2,600.00
Operator Compensation
$24,000.00
Valuation
Capitalization Rate
8.50%