Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 14.7

Vacancy Rate (estimated) 20%

House Mentors 1.2

Revenue-Producing Beds 10.56

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $152,880.00

Less: Vacancy & Loss $30,576.00

Less: Mentor Rent Credit $12,480.00

Plus: Intake Fee Revenue $4,704.00

Plus: Laundry Service Revenue $2,446.00

Total Revenue $116,974.00

Expenses (Annual)

Operating Expenses $16,096.00

Property Taxes $3,983.00

Valuation

Capitalization Rate 8.75%