Storage Unit Income Calculator

This tool is here purely as a service to you please use it at your own risk.

Storage unit income calculator.

A high cap rate means a lower property value. With our advanced technologies you can get online track analytics and fill your units. This means that the return on investment can be high and a storage unit facility often enjoys a high profit margin when compared with other business ventures. Full disclaimer do not use calculations for anything where loss of life money property etc could result from inaccurate.

To determine the value of a self storage property you must understand the income it has already generated and what it will provide moving forward. While appraisers typically value commercial real estate by the income approach the replacement value or cost approach or the comparable sales approach this article will focus on the income approach for this is what motivates buyers almost. Choose the type of storage facility you want before estimating its specific costs. Then identify your target market check out your competition and compare competitors prices.

Divide your net operating income noi by the cap rate to calculate your property value. Conversely the lower your cap rate the higher your income property s value. Our interactive storage calculator can help. They ll be able to assist you with all aspects of storage process.

Our storedge marketing websites provides the quality you need at the price you want. Whilst every effort has been made in building this calculator we are not to be held liable for any damages or monetary losses arising out of or in connection with the use of it. Have a list of what you re storing. If considering climate control add additional rental income for these premium units.

The affordable website solution. Select items to store. 5x5 unit 5x10 unit 5x15 unit 10x10 unit 10x15 unit 10x20 unit 10x25 unit 10x30 unit. For a more conservative approach input the rental rate for a 10 x 15 unit.

Ft unit rents for 60 month 60 100 sq. If you aren t sure which storage unit size is right for your needs check out our quick size guide to get started. Since a storage facility typically has lower overhead and operating costs than other businesses it also enjoys a lower break even income. If you still need help give our storage experts a call at 1 800 457 5678.

Storage calculator using a self storage facility can be a bit overwhelming so we ve created a tool to help relieve some of the pressure. Ft 0 60 sq ft month 0 60 x 12 months 7 20 sq ft year. Input 7 20 into this field. To value a self storage facility for a potential investment you can create your own self storage unit income calculator.

You ll be ready to rent in no time. For instance if a 10 x 10 100 sq.