Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 55.5

Vacancy Rate (estimated) 20%

House Mentors 4.6

Revenue-Producing Beds 39.80

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $461,760.00

Less: Vacancy & Loss $92,352.00

Less: Mentor Rent Credit $38,272.00

Plus: Intake Fee Revenue $17,760.00

Plus: Laundry Service Revenue $9,235.00

Total Revenue $358,131.00

Expenses (Annual)

Operating Expenses $91,850.00

Property Taxes $12,690.00

Valuation

Capitalization Rate 9%