Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 24.7

Vacancy Rate (estimated) 14%

House Mentors 2.398148157074074

Revenue-Producing Beds 18.60

Weekly Rent $220.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $282,568.00

Less: Vacancy & Loss $39,559.52

Less: Mentor Rent Credit $27,434.81

Plus: Intake Fee Revenue $8,400.00

Plus: Laundry Service Revenue $4,368.00

Total Revenue $228,342.00

Expenses (Annual)

Operating Expenses $28,663.00

Property Taxes $7,294.00

Valuation

Capitalization Rate 12%