Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 30

Total Beds 32

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 23.60

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $208,000.00

Less: Vacancy & Loss $41,600.00

Less: Mentor Rent Credit $13,000.00

Plus: Intake Fee Revenue $10,240.00

Plus: Laundry Service Revenue $5,325.00

Total Revenue $168,965.00

Expenses (Annual)

Operating Expenses $35,872.00

Property Taxes $8,000.00

Valuation

Capitalization Rate 12%