Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.6

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 20.88

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $237,952.00

Less: Vacancy & Loss $47,590.40

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $9,152.00

Plus: Laundry Service Revenue $4,759.00

Total Revenue $187,633.00

Expenses (Annual)

Operating Expenses $33,551.00

Property Taxes $5,524.00

Property Insurance $4,500.00

Valuation

Capitalization Rate 8.25%