Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 27.5

Vacancy Rate (estimated) 14%

House Mentors 2.667159739331361

Revenue-Producing Beds 21.33

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $257,400.00

Less: Vacancy & Loss $36,036.00

Less: Mentor Rent Credit $24,964.62

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $210,991.00

Expenses (Annual)

Operating Expenses $32,803.00

Property Taxes $5,635.00

Valuation

Capitalization Rate 12%