Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 19.2

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 14.36

Weekly Rent $125.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $124,800.00

Less: Vacancy & Loss $24,960.00

Less: Mentor Rent Credit $6,500.00

Plus: Intake Fee Revenue $6,144.00

Plus: Laundry Service Revenue $3,195.00

Total Revenue $102,679.00

Expenses (Annual)

Operating Expenses $21,559.00

Property Taxes $2,799.00

Valuation

Capitalization Rate 9.50%