Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 23.6

Vacancy Rate (estimated) 20%

House Mentors 2.0

Revenue-Producing Beds 17.00

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $220,896.00

Less: Vacancy & Loss $44,179.20

Less: Mentor Rent Credit $18,720.00

Plus: Intake Fee Revenue $7,600.00

Plus: Laundry Service Revenue $3,952.00

Total Revenue $169,549.00

Expenses (Annual)

Operating Expenses $26,582.00

Property Taxes $3,228.00

Valuation

Capitalization Rate 8.50%