Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.8

Vacancy Rate (estimated) 14%

House Mentors 2.847633155276134

Revenue-Producing Beds 22.15

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $239,616.00

Less: Vacancy & Loss $33,546.24

Less: Mentor Rent Credit $23,692.31

Plus: Intake Fee Revenue $10,000.00

Plus: Laundry Service Revenue $5,200.00

Total Revenue $197,577.00

Expenses (Annual)

Operating Expenses $34,581.00

Property Taxes $13,349.00

Valuation

Capitalization Rate 12%