Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 24.5

Vacancy Rate (estimated) 14%

House Mentors 2.366255157201646

Revenue-Producing Beds 18.70

Weekly Rent $180.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $229,320.00

Less: Vacancy & Loss $32,104.80

Less: Mentor Rent Credit $22,148.15

Plus: Intake Fee Revenue $8,428.00

Plus: Laundry Service Revenue $4,383.00

Total Revenue $187,878.00

Expenses (Annual)

Operating Expenses $28,491.00

Property Taxes $11,489.00

Valuation

Capitalization Rate 12%