Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.9

Vacancy Rate (estimated) 25%

House Mentors 1.5

Revenue-Producing Beds 20.18

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $255,476.00

Less: Vacancy & Loss $63,869.00

Less: Mentor Rent Credit $13,260.00

Plus: Intake Fee Revenue $8,672.00

Plus: Laundry Service Revenue $4,509.00

Total Revenue $191,528.00

Expenses (Annual)

Operating Expenses $34,644.00

Property Taxes $18,000.00

Valuation

Capitalization Rate 8.50%