Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 1

Shared Beds 37

Total Beds 38

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 28.40

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $316,160.00

Less: Vacancy & Loss $63,232.00

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $12,160.00

Plus: Laundry Service Revenue $6,323.00

Total Revenue $254,771.00

Expenses (Annual)

Operating Expenses $39,747.00

Property Taxes $8,000.00

Valuation

Capitalization Rate 8.75%