Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 15

Total Beds 18

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 13.40

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $187,200.00

Less: Vacancy & Loss $37,440.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $5,760.00

Plus: Laundry Service Revenue $2,995.00

Total Revenue $148,115.00

Expenses (Annual)

Operating Expenses $20,855.00

Property Taxes $9,241.00

Property Insurance $5,000.00

Valuation

Capitalization Rate 8.75%