Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 29.8

Vacancy Rate (estimated) 14%

House Mentors 2.996055238015779

Revenue-Producing Beds 22.63

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $278,928.00

Less: Vacancy & Loss $39,049.92

Less: Mentor Rent Credit $28,043.08

Plus: Intake Fee Revenue $10,252.00

Plus: Laundry Service Revenue $5,331.00

Total Revenue $227,418.00

Expenses (Annual)

Operating Expenses $35,939.00

Property Taxes $6,000.00

Valuation

Capitalization Rate 12%