Overview

Lease and Income Structure

Property Financials

Bed Data

Total Beds 28.4

Vacancy Rate (estimated) 14%

House Mentors 2.793885572157791

Revenue-Producing Beds 21.21

Weekly Rent $160.00

Intake Fee $200.00

Revenue (Annual)

Total Potential Rent Income $236,288.00

Less: Vacancy & Loss $33,080.32

Less: Mentor Rent Credit $23,245.13

Plus: Intake Fee Revenue $9,600.00

Plus: Laundry Service Revenue $4,992.00

Total Revenue $194,555.00

Expenses (Annual)

Operating Expenses $33,676.00

Property Taxes $6,176.00

Valuation

Capitalization Rate 12%