Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 17.0

Vacancy Rate (estimated) 20%

House Mentors 1.4

Revenue-Producing Beds 12.20

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $132,600.00

Less: Vacancy & Loss $26,520.00

Less: Mentor Rent Credit $10,920.00

Plus: Intake Fee Revenue $5,440.00

Plus: Laundry Service Revenue $2,829.00

Total Revenue $103,429.00

Expenses (Annual)

Operating Expenses $18,949.00

Property Taxes $2,194.00

Valuation

Capitalization Rate 8.50%