Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 42.2

Vacancy Rate (estimated) 20%

House Mentors 3.5

Revenue-Producing Beds 30.50

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $351,104.00

Less: Vacancy & Loss $70,220.80

Less: Mentor Rent Credit $29,120.00

Plus: Intake Fee Revenue $13,600.00

Plus: Laundry Service Revenue $7,072.00

Total Revenue $272,435.00

Expenses (Annual)

Operating Expenses $56,537.00

Property Taxes $16,530.00

Valuation

Capitalization Rate 8.75%