Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.0

Vacancy Rate (estimated) 20%

House Mentors 1.9

Revenue-Producing Beds 16.50

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $215,280.00

Less: Vacancy & Loss $43,056.00

Less: Mentor Rent Credit $17,784.00

Plus: Intake Fee Revenue $7,360.00

Plus: Laundry Service Revenue $3,827.00

Total Revenue $165,627.00

Expenses (Annual)

Operating Expenses $25,823.00

Property Taxes $4,141.00

Valuation

Capitalization Rate 8.75%