Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 12.0

Vacancy Rate (estimated) 20%

House Mentors 1.0

Revenue-Producing Beds 9.00

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $99,840.00

Less: Vacancy & Loss $19,968.00

Less: Mentor Rent Credit $8,320.00

Plus: Intake Fee Revenue $4,000.00

Plus: Laundry Service Revenue $2,080.00

Total Revenue $77,632.00

Expenses (Annual)

Operating Expenses $13,380.00

Property Taxes $3,267.00

Valuation

Capitalization Rate 8.75%