Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.3

Vacancy Rate (estimated) 14%

House Mentors 2.903806571718107

Revenue-Producing Beds 21.10

Weekly Rent $140.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $206,024.00

Less: Vacancy & Loss $28,843.36

Less: Mentor Rent Credit $21,139.71

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $170,633.00

Expenses (Annual)

Operating Expenses $33,605.00

Property Taxes $3,347.00

Valuation

Capitalization Rate 8.50%