Self Storage Facility Value Calculator

The estimated value provided by this calculator is based on the following parameters:

1. Unit Income: Each storage unit is assumed to generate $120 monthly. The annual income from all units is calculated by multiplying this rate by the number of units and then by 12 months. at 100% Occupancy
2. Parking Spot Income: Each parking spot is presumed to yield $45 monthly. The yearly income from parking is computed by multiplying this rate by the number of spots and then by 12 months.
3. Additional Income: Any other annual gross income can be included in the calculation.
4. Expenses: A default expense ratio of 40% is applied to the total gross annual income (sum of incomes from units, parking spots, and additional sources) to estimate operational costs.
5. Facility Value: The net operating income (NOI), derived after deducting expenses from the total gross income, is divided by a capitalization rate (cap rate) of 6%. This provides the estimated value of the facility.

Please note, this calculator provides an approximation and should be used for informational purposes only. Actual values may vary based on market conditions and specific operational factors.

This calculator provides an estimated value of a self-storage facility based on user-provided financial information. It factors in:

1. Gross Income: Annual total income from the facility's operations.
2. Detailed Expenses: Comprehensive annual costs categorized into:
   
   • Property-Related Expenses (tax, maintenance, etc.)
   • Operational Expenses (utilities, security, etc.)
   • Administrative and Staffing Costs
   • Marketing and Customer Management
   • Insurance and Legal Fees
   • Financial Obligations

1. Calculation Method: The calculator subtracts total annual expenses from gross income to derive the Net Operating Income (NOI). The estimated facility value is then calculated by dividing the NOI by a capitalization rate (cap rate) of 6%.

Please note that this calculator is intended for informational and estimation purposes only. Actual facility values may vary based on specific conditions, market factors, and operational efficiencies. Professional valuation is recommended for accurate assessments.