Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 26.8

Vacancy Rate (estimated) 20%

House Mentors 1.5

Revenue-Producing Beds 19.94

Weekly Rent $200.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $278,720.00

Less: Vacancy & Loss $55,744.00

Less: Mentor Rent Credit $15,600.00

Plus: Intake Fee Revenue $8,576.00

Plus: Laundry Service Revenue $4,460.00

Total Revenue $220,412.00

Expenses (Annual)

Operating Expenses $30,738.00

Property Taxes $5,605.00

Valuation

Capitalization Rate 8.50%