Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 21.2

Vacancy Rate (estimated) 14%

House Mentors 1.884920659126984

Revenue-Producing Beds 16.35

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $198,432.00

Less: Vacancy & Loss $27,780.48

Less: Mentor Rent Credit $17,642.86

Plus: Intake Fee Revenue $7,292.00

Plus: Laundry Service Revenue $3,792.00

Total Revenue $164,093.00

Expenses (Annual)

Operating Expenses $24,257.00

Property Taxes $8,000.00

Valuation

Capitalization Rate 12%