Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 14.7

Vacancy Rate (estimated) 20%

House Mentors 1

Revenue-Producing Beds 11.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $137,592.00

Less: Vacancy & Loss $27,518.40

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $4,800.00

Plus: Laundry Service Revenue $2,496.00

Total Revenue $108,010.00

Expenses (Annual)

Operating Expenses $16,176.00

Property Taxes $3,191.00

Valuation

Capitalization Rate 8.75%