Self Storage value calculator | Cap rate calculator in Toronto

The estimated value from this storage value calculator uses these parameters:

• Unit Income: Each storage unit is estimated to yield $120 monthly. Annual income from all units is calculated by multiplying this rate by the number of units and by 12 months, assuming 100% occupancy.
• Parking Spot Income: Each parking spot is expected to generate $45 monthly. Annual parking income is calculated similarly, based on the number of spots.
• Additional Income: Users can include any other annual gross income.
• Expenses: A default expense ratio of 40% applies to total gross income from all sources, estimating operational costs.
• Facility Value: Net operating income (NOI) after expenses is divided by a cap rate of 6%, providing the facility’s estimated value.

Note: This is an approximation for informational purposes; actual values may differ based on specific market conditions.

This storage value calculator and cap rate calculator estimate the value of a self-storage facility in Toronto based on user-provided financial data:

• Gross Income: Annual income from all facility operations.
• Detailed Expenses: Includes yearly costs like:
  • Property-Related (tax, maintenance)
  • Operational (utilities, security)
  • Administrative and Staffing
  • Marketing and Customer Management
  • Insurance and Legal Fees
  • Financial Obligations

Calculation Method: Total expenses are subtracted from gross income to find Net Operating Income (NOI). The estimated facility value is then calculated by dividing the NOI by a 6% cap rate.

Please note: This calculator offers estimates for informational purposes; actual values may vary. Professional valuation is recommended for accuracy.