Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.1

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 16.98

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $150,150.00

Less: Vacancy & Loss $30,030.00

Less: Mentor Rent Credit $9,750.00

Plus: Intake Fee Revenue $7,392.00

Plus: Laundry Service Revenue $3,844.00

Total Revenue $121,606.00

Expenses (Annual)

Operating Expenses $26,408.00

Property Taxes $8,657.00

Valuation

Capitalization Rate 9.50%