Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 36.9

Vacancy Rate (estimated) 20%

House Mentors 3.1

Revenue-Producing Beds 26.90

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $345,384.00

Less: Vacancy & Loss $69,076.80

Less: Mentor Rent Credit $29,016.00

Plus: Intake Fee Revenue $12,000.00

Plus: Laundry Service Revenue $6,240.00

Total Revenue $265,531.00

Expenses (Annual)

Operating Expenses $46,605.00

Property Taxes $14,557.00

Valuation

Capitalization Rate 8%