Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 16.9

Vacancy Rate (estimated) 20%

House Mentors 1.4

Revenue-Producing Beds 12.12

Weekly Rent $150.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $131,820.00

Less: Vacancy & Loss $26,364.00

Less: Mentor Rent Credit $10,920.00

Plus: Intake Fee Revenue $5,408.00

Plus: Laundry Service Revenue $2,812.00

Total Revenue $102,756.00

Expenses (Annual)

Operating Expenses $15,937.00

Property Taxes $4,944.00

Valuation

Capitalization Rate 8.50%