Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 30.0

Vacancy Rate (estimated) 14%

House Mentors 3.153806570718107

Revenue-Producing Beds 22.65

Weekly Rent $220.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $343,200.00

Less: Vacancy & Loss $48,048.00

Less: Mentor Rent Credit $36,079.55

Plus: Intake Fee Revenue $10,320.00

Plus: Laundry Service Revenue $5,366.00

Total Revenue $274,758.00

Expenses (Annual)

Operating Expenses $36,217.00

Property Taxes $20,633.00

Valuation

Capitalization Rate 12%