Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 25.2

Vacancy Rate (estimated) 20%

House Mentors 2.1

Revenue-Producing Beds 18.06

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $209,664.00

Less: Vacancy & Loss $41,932.80

Less: Mentor Rent Credit $17,472.00

Plus: Intake Fee Revenue $8,064.00

Plus: Laundry Service Revenue $4,193.00

Total Revenue $162,516.00

Expenses (Annual)

Operating Expenses $28,628.00

Property Taxes $12,000.00

Valuation

Capitalization Rate 8.75%