Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.3

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 17.64

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $193,856.00

Less: Vacancy & Loss $38,771.20

Less: Mentor Rent Credit $8,320.00

Plus: Intake Fee Revenue $7,456.00

Plus: Laundry Service Revenue $3,877.00

Total Revenue $158,098.00

Expenses (Annual)

Operating Expenses $26,206.00

Property Taxes $4,629.00

Property Insurance $4,400.00

Valuation

Capitalization Rate 8.25%