Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 47.4

Vacancy Rate (estimated) 14%

House Mentors 6.694280056556213

Revenue-Producing Beds 34.07

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $443,664.00

Less: Vacancy & Loss $62,112.96

Less: Mentor Rent Credit $62,658.46

Plus: Intake Fee Revenue $16,304.00

Plus: Laundry Service Revenue $8,478.00

Total Revenue $343,675.00

Expenses (Annual)

Operating Expenses $69,503.00

Property Taxes $24,000.00

Valuation

Capitalization Rate 12%