Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 32.4

Vacancy Rate (estimated) 30%

House Mentors 3

Revenue-Producing Beds 19.68

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $303,264.00

Less: Vacancy & Loss $90,979.20

Less: Mentor Rent Credit $28,080.00

Plus: Intake Fee Revenue $9,072.00

Plus: Laundry Service Revenue $4,717.00

Total Revenue $197,994.00

Expenses (Annual)

Operating Expenses $37,168.00

Property Taxes $7,498.00

Valuation

Capitalization Rate 12%