Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 27.4

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 20.92

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $284,960.00

Less: Vacancy & Loss $56,992.00

Less: Mentor Rent Credit $10,400.00

Plus: Intake Fee Revenue $8,768.00

Plus: Laundry Service Revenue $4,559.00

Total Revenue $230,895.00

Expenses (Annual)

Operating Expenses $31,608.00

Property Taxes $8,348.00

Valuation

Capitalization Rate 8.75%