Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 29

Total Beds 30

Vacancy Rate (estimated) 14%

House Mentors 2

Revenue-Producing Beds 23.80

Weekly Rent $190.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $296,400.00

Less: Vacancy & Loss $41,496.00

Less: Mentor Rent Credit $19,760.00

Plus: Intake Fee Revenue $10,320.00

Plus: Laundry Service Revenue $5,366.00

Total Revenue $250,830.00

Expenses (Annual)

Operating Expenses $38,508.00

Property Taxes $8,756.00

Valuation

Capitalization Rate 12%