Overview

Lease and Income Structure

Property Financials

Bed Data

Private Beds 2

Shared Beds 12

Total Beds 14

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 11.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $131,040.00

Less: Vacancy & Loss $18,345.60

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $4,800.00

Plus: Laundry Service Revenue $2,496.00

Total Revenue $110,630.00

Expenses (Annual)

Operating Expenses $13,478.00

Property Taxes $2,237.00

Valuation

Capitalization Rate 12%