Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 24.2

Vacancy Rate (estimated) 14%

House Mentors 2.321502074047325

Revenue-Producing Beds 18.49

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $226,512.00

Less: Vacancy & Loss $31,711.68

Less: Mentor Rent Credit $21,729.26

Plus: Intake Fee Revenue $8,324.00

Plus: Laundry Service Revenue $4,328.00

Total Revenue $185,723.00

Expenses (Annual)

Operating Expenses $28,055.00

Property Taxes $5,258.00

Valuation

Capitalization Rate 12%