Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 16.3

Vacancy Rate (estimated) 20%

House Mentors 1.4

Revenue-Producing Beds 11.64

Weekly Rent $170.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $144,092.00

Less: Vacancy & Loss $28,818.40

Less: Mentor Rent Credit $12,376.00

Plus: Intake Fee Revenue $5,216.00

Plus: Laundry Service Revenue $2,712.00

Total Revenue $110,826.00

Expenses (Annual)

Operating Expenses $17,825.00

Property Taxes $2,303.00

Valuation

Capitalization Rate 8.50%