Active real-estate-only needs-renovation

435 Western Ave, Brattleboro VT

Price
$575,000.00
Listing Tags
Beds
28
Size
3154 sqft
Type
Two-Family
435 Western Ave, Brattleboro VT

Overview

Lease and Income Structure

Property Financials
Bed Data
Private Beds 4
Shared Beds 24
Total Beds 28
Vacancy Rate (estimated) 20%
House Mentors 1
Revenue-Producing Beds 21.40
Weekly Rent $180.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $262,080.00
Less: Vacancy & Loss $52,416.00
Less: Mentor Rent Credit $9,360.00
Plus: Intake Fee Revenue $8,960.00
Plus: Laundry Service Revenue $4,659.00
Total Revenue $213,923.00
Expenses (Annual)
Operating Expenses $24,282.00
Property Taxes $9,973.00
Property Insurance $3,100.00
Operator Compensation $24,000.00
Total Expenses $61,355.00
Net Income
Net Operating Income $152,568.00
Valuation
Capitalization Rate 10%
Value on Cap Rate $1,525,680.00