Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.0

Vacancy Rate (estimated) 20%

House Mentors 1.9

Revenue-Producing Beds 16.50

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $191,360.00

Less: Vacancy & Loss $38,272.00

Less: Mentor Rent Credit $15,808.00

Plus: Intake Fee Revenue $7,360.00

Plus: Laundry Service Revenue $3,827.00

Total Revenue $148,467.00

Expenses (Annual)

Operating Expenses $25,782.00

Property Taxes $3,459.00

Valuation

Capitalization Rate 8.75%