Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 11.5

Vacancy Rate (estimated) 20%

House Mentors 1.0

Revenue-Producing Beds 8.20

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $107,640.00

Less: Vacancy & Loss $21,528.00

Less: Mentor Rent Credit $9,360.00

Plus: Intake Fee Revenue $3,680.00

Plus: Laundry Service Revenue $1,914.00

Total Revenue $82,346.00

Expenses (Annual)

Operating Expenses $12,671.00

Property Taxes $3,339.00

Valuation

Capitalization Rate 8.50%