Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 24.3

Vacancy Rate (estimated) 14%

House Mentors 2.335390907325103

Revenue-Producing Beds 18.56

Weekly Rent $225.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $284,310.00

Less: Vacancy & Loss $39,803.40

Less: Mentor Rent Credit $27,324.07

Plus: Intake Fee Revenue $8,360.00

Plus: Laundry Service Revenue $4,347.00

Total Revenue $229,890.00

Expenses (Annual)

Operating Expenses $28,196.00

Property Taxes $6,416.00

Valuation

Capitalization Rate 12%