Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 21.4

Vacancy Rate (estimated) 14%

House Mentors 1

Revenue-Producing Beds 17.40

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $178,048.00

Less: Vacancy & Loss $24,926.72

Less: Mentor Rent Credit $8,320.00

Plus: Intake Fee Revenue $7,360.00

Plus: Laundry Service Revenue $3,827.00

Total Revenue $155,988.00

Expenses (Annual)

Operating Expenses $20,992.00

Property Taxes $4,000.00

Valuation

Capitalization Rate 12%