15 BED CHO HOME - S/W ONT - $1,100,000

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8.7% CAP RATE

 

Great building on a large lot in a suburban setting. The home has an excellent reputation with near full occupancy.

PROFORMA
Gross Income $268,055
Expenses  
Business taxes, licenses and memberships $592
Insurance $6,167
Interest and Bank Charges $574
Office $3,324
Food Costs $31,195
Professional Fees $3,334
Property Taxes $6,123
Repairs and Maintnance $2,872
Salaries and Wages $103,200
Telephone/Internet $2,000
Travel $75
Utilities $12,080
Vehicle $1,007
Total Expenses $172,543
Net Operating Income $95,512
   
* Based on 2021 Normaized financials  
** Information provided by the Seller. Buyers to verify all information.