Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.4

Vacancy Rate (estimated) 20%

House Mentors 2.4

Revenue-Producing Beds 20.32

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $236,288.00

Less: Vacancy & Loss $47,257.60

Less: Mentor Rent Credit $19,968.00

Plus: Intake Fee Revenue $9,088.00

Plus: Laundry Service Revenue $4,726.00

Total Revenue $182,876.00

Expenses (Annual)

Operating Expenses $33,008.00

Property Taxes $6,669.00

Valuation

Capitalization Rate 8.75%