Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 22.8

Vacancy Rate (estimated) 14%

House Mentors 2.151234574728395

Revenue-Producing Beds 17.85

Weekly Rent $145.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $171,912.00

Less: Vacancy & Loss $24,067.68

Less: Mentor Rent Credit $16,220.31

Plus: Intake Fee Revenue $8,000.00

Plus: Laundry Service Revenue $4,160.00

Total Revenue $143,784.00

Expenses (Annual)

Operating Expenses $26,959.00

Property Taxes $7,755.04

Valuation

Capitalization Rate 12%