Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.3

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 21.64

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $220,740.00

Less: Vacancy & Loss $44,148.00

Less: Mentor Rent Credit $7,800.00

Plus: Intake Fee Revenue $9,056.00

Plus: Laundry Service Revenue $4,709.00

Total Revenue $182,557.00

Expenses (Annual)

Operating Expenses $32,812.00

Property Taxes $3,200.00

Valuation

Capitalization Rate 8.75%