Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 18.1

Vacancy Rate (estimated) 14%

House Mentors 1.5416666605

Revenue-Producing Beds 14.03

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $169,416.00

Less: Vacancy & Loss $23,718.24

Less: Mentor Rent Credit $14,430.00

Plus: Intake Fee Revenue $6,228.00

Plus: Laundry Service Revenue $3,239.00

Total Revenue $140,735.00

Expenses (Annual)

Operating Expenses $20,486.00

Property Taxes $5,159.00

Valuation

Capitalization Rate 8.50%