Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.9

Vacancy Rate (estimated) 14%

House Mentors 2.86291915521499

Revenue-Producing Beds 22.14

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $270,504.00

Less: Vacancy & Loss $37,870.56

Less: Mentor Rent Credit $26,796.92

Plus: Intake Fee Revenue $10,000.00

Plus: Laundry Service Revenue $5,200.00

Total Revenue $221,037.00

Expenses (Annual)

Operating Expenses $35,885.00

Property Taxes $11,870.00

Valuation

Capitalization Rate 12%