Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 38.0

Vacancy Rate (estimated) 20%

House Mentors 3.2

Revenue-Producing Beds 26.80

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $355,680.00

Less: Vacancy & Loss $71,136.00

Less: Mentor Rent Credit $29,952.00

Plus: Intake Fee Revenue $12,000.00

Plus: Laundry Service Revenue $6,240.00

Total Revenue $272,832.00

Expenses (Annual)

Operating Expenses $48,017.00

Property Taxes $6,000.00

Valuation

Capitalization Rate 8.50%