Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 18.6

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 13.88

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $174,096.00

Less: Vacancy & Loss $34,819.20

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $5,952.00

Plus: Laundry Service Revenue $3,095.00

Total Revenue $138,964.00

Expenses (Annual)

Operating Expenses $20,448.00

Property Taxes $5,756.00

Property Insurance $3,600.00

Valuation

Capitalization Rate 8.75%