Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 17.3

Vacancy Rate (estimated) 20%

House Mentors 1.4

Revenue-Producing Beds 12.60

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $161,928.00

Less: Vacancy & Loss $32,385.60

Less: Mentor Rent Credit $13,104.00

Plus: Intake Fee Revenue $5,600.00

Plus: Laundry Service Revenue $2,912.00

Total Revenue $124,950.00

Expenses (Annual)

Operating Expenses $19,048.00

Property Taxes $3,115.00

Valuation

Capitalization Rate 8.50%