Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 30.4

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 22.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $284,544.00

Less: Vacancy & Loss $56,908.80

Less: Mentor Rent Credit $18,720.00

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $223,507.00

Expenses (Annual)

Operating Expenses $35,730.00

Property Taxes $2,482.00

Valuation

Capitalization Rate 12%