Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 17.8

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 13.24

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $115,700.00

Less: Vacancy & Loss $23,140.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $5,696.00

Plus: Laundry Service Revenue $2,962.00

Total Revenue $94,718.00

Expenses (Annual)

Operating Expenses $19,419.00

Property Taxes $2,191.00

Property Insurance $2,000.00

Valuation

Capitalization Rate 9.50%