Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 25.6

Vacancy Rate (estimated) 14%

House Mentors 2.517489739930041

Revenue-Producing Beds 19.50

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $239,616.00

Less: Vacancy & Loss $33,546.24

Less: Mentor Rent Credit $23,563.70

Plus: Intake Fee Revenue $8,808.00

Plus: Laundry Service Revenue $4,580.00

Total Revenue $195,894.00

Expenses (Annual)

Operating Expenses $29,997.00

Property Taxes $6,934.58

Valuation

Capitalization Rate 8.50%