Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 29.9

Vacancy Rate (estimated) 14%

House Mentors 2

Revenue-Producing Beds 23.71

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $248,768.00

Less: Vacancy & Loss $34,827.52

Less: Mentor Rent Credit $16,640.00

Plus: Intake Fee Revenue $10,284.00

Plus: Laundry Service Revenue $5,348.00

Total Revenue $212,932.00

Expenses (Annual)

Operating Expenses $36,139.00

Property Taxes $5,865.00

Valuation

Capitalization Rate 8.50%