Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 25.4

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 18.82

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $165,100.00

Less: Vacancy & Loss $33,020.00

Less: Mentor Rent Credit $9,750.00

Plus: Intake Fee Revenue $8,128.00

Plus: Laundry Service Revenue $4,227.00

Total Revenue $134,685.00

Expenses (Annual)

Operating Expenses $29,391.00

Property Taxes $3,168.00

Valuation

Capitalization Rate 9.50%