Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 26.8

Vacancy Rate (estimated) 14%

House Mentors 2

Revenue-Producing Beds 21.05

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $209,040.00

Less: Vacancy & Loss $29,265.60

Less: Mentor Rent Credit $15,600.00

Plus: Intake Fee Revenue $9,220.00

Plus: Laundry Service Revenue $4,794.00

Total Revenue $178,188.00

Expenses (Annual)

Operating Expenses $31,677.00

Property Taxes $5,000.00

Valuation

Capitalization Rate 12%