Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 43.6

Vacancy Rate (estimated) 20%

House Mentors 3.6

Revenue-Producing Beds 31.28

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $340,080.00

Less: Vacancy & Loss $68,016.00

Less: Mentor Rent Credit $28,080.00

Plus: Intake Fee Revenue $13,952.00

Plus: Laundry Service Revenue $7,255.00

Total Revenue $265,191.00

Expenses (Annual)

Operating Expenses $59,234.00

Property Taxes $12,600.00

Valuation

Capitalization Rate 9%