Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 3

Shared Beds 14

Total Beds 17

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 13.62

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $159,120.00

Less: Vacancy & Loss $22,276.80

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $5,848.00

Plus: Laundry Service Revenue $3,041.00

Total Revenue $136,372.00

Expenses (Annual)

Operating Expenses $20,946.00

Property Taxes $3,303.00

Property Insurance $3,200.00

Valuation

Capitalization Rate 8%