Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.4

Vacancy Rate (estimated) 20%

House Mentors 1.9

Revenue-Producing Beds 16.82

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $194,688.00

Less: Vacancy & Loss $38,937.60

Less: Mentor Rent Credit $15,808.00

Plus: Intake Fee Revenue $7,488.00

Plus: Laundry Service Revenue $3,894.00

Total Revenue $151,324.00

Expenses (Annual)

Operating Expenses $26,262.00

Property Taxes $7,000.00

Valuation

Capitalization Rate 8.75%