Enter an address and a square footage. In a few minutes you will see how many beds the building supports, what a bed rents for in that neighborhood, and what the home could bring in each month. A full financial analysis follows by email.
Every figure is tied to the address you enter, so the estimate reflects that neighborhood rather than a national average. Leave the optional cost fields blank and the model uses our operating figures. Type your own and it uses yours instead. A zero means zero, so if you tell us a cost is nil we will not invent one.
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The calculator estimates a sober living home’s monthly revenue from two inputs: the building’s square footage and the median rent around the address. Square footage sets the number of beds. Local rent sets the weekly price of a bed. House mentor beds and vacancy are then taken out before any revenue is counted.
Example: a 2,500 square foot home where the median rent is $1,400 a month holds 12 beds. After one house mentor bed and 18% vacancy, 10 beds pay rent at $195 a week, for about $8,640 a month in revenue including intake fees and laundry.
The net operating income in the emailed analysis does not include management or owner pay, licensing and certification, accounting, marketing, capital reserves, or food.
It depends on the number of beds and local rent. A 2,500 square foot home in an area where median rent is $1,400 a month holds about 12 beds. After one house mentor bed and 18% vacancy, 10 paying beds at $195 a week bring in about $8,640 a month before expenses.
The calculator allows about one bed for every 200 to 250 square feet, for buildings between 800 and 6,000 square feet. Local zoning, occupancy and certification rules can set a lower limit, so check those before you count on the full number.
Yes. The bed count, rent per bed and monthly revenue show on this page once you enter an address and square footage. The full expense and net income analysis is sent to the email address you give.
Bring your projection to a 20-minute call. We will walk through the assumptions, the local market, and what it would take to get the home open.