Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 22.1

Vacancy Rate (estimated) 14%

House Mentors 1.5

Revenue-Producing Beds 17.51

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $206,856.00

Less: Vacancy & Loss $28,959.84

Less: Mentor Rent Credit $14,040.00

Plus: Intake Fee Revenue $7,604.00

Plus: Laundry Service Revenue $3,954.00

Total Revenue $175,414.00

Expenses (Annual)

Operating Expenses $25,396.00

Property Taxes $2,074.00

Valuation

Capitalization Rate 12%