Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 35.7

Vacancy Rate (estimated) 20%

House Mentors 2

Revenue-Producing Beds 27.00

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $371,280.00

Less: Vacancy & Loss $74,256.00

Less: Mentor Rent Credit $20,800.00

Plus: Intake Fee Revenue $11,600.00

Plus: Laundry Service Revenue $6,032.00

Total Revenue $293,856.00

Expenses (Annual)

Operating Expenses $45,322.00

Property Taxes $6,997.00

Valuation

Capitalization Rate 8%