Overview

Lease and Income Structure

Property Financials

Bed Data

Shared Beds 24

Total Beds 24

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 17.70

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $249,600.00

Less: Vacancy & Loss $49,920.00

Less: Mentor Rent Credit $15,600.00

Plus: Intake Fee Revenue $7,680.00

Plus: Laundry Service Revenue $3,994.00

Total Revenue $195,754.00

Expenses (Annual)

Property Taxes $7,634.00

Property Insurance $3,900.00

Valuation

Capitalization Rate 8%