Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 32.4

Vacancy Rate (estimated) 14%

House Mentors 4.122942400174897

Revenue-Producing Beds 23.88

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $252,720.00

Less: Vacancy & Loss $35,380.80

Less: Mentor Rent Credit $32,158.95

Plus: Intake Fee Revenue $11,200.00

Plus: Laundry Service Revenue $5,824.00

Total Revenue $202,204.00

Expenses (Annual)

Operating Expenses $40,011.00

Property Taxes $5,117.56

Valuation

Capitalization Rate 8.50%