Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.4

Vacancy Rate (estimated) 14%

House Mentors 2.217592574462963

Revenue-Producing Beds 17.78

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $194,688.00

Less: Vacancy & Loss $27,256.32

Less: Mentor Rent Credit $18,450.37

Plus: Intake Fee Revenue $8,000.00

Plus: Laundry Service Revenue $4,160.00

Total Revenue $161,141.00

Expenses (Annual)

Operating Expenses $26,938.00

Property Taxes $7,191.00

Valuation

Capitalization Rate 12%