Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 22.3

Vacancy Rate (estimated) 20%

House Mentors 1.9

Revenue-Producing Beds 15.94

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $197,132.00

Less: Vacancy & Loss $39,426.40

Less: Mentor Rent Credit $16,796.00

Plus: Intake Fee Revenue $7,136.00

Plus: Laundry Service Revenue $3,711.00

Total Revenue $151,757.00

Expenses (Annual)

Operating Expenses $24,933.00

Property Taxes $6,454.00

Valuation

Capitalization Rate 8.75%