Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 12.6

Vacancy Rate (estimated) 1800%

House Mentors 1.0

Revenue-Producing Beds -215.00

Weekly Rent $185.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $121,212.00

Less: Vacancy & Loss $2,181,816.00

Less: Mentor Rent Credit $9,620.00

Plus: Intake Fee Revenue -$85,600.00

Plus: Laundry Service Revenue -$44,512.00

Total Revenue -$2,200,336.00

Expenses (Annual)

Property Taxes $5,000.00

Property Insurance $2,500.00

Operator Compensation $24,000.00

Valuation

Capitalization Rate 8.50%