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| SELF STORAGE BUSINESS VALUATION
ESTIMATOR |
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| Rent Income |
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Enter the annual rent income here, then press TAB key
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| Late Fee Income |
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Enter the annual late fee income here |
| Merchandise Sales Income |
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Enter the annual merchandise sales here |
| TOTAL REVENUES |
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| Advertising Expense |
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Enter annual advertising here (yellow pages and such)
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| Employee Expense |
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Enter annual payroll and employee benefits here |
| Insurance Expense |
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Enter annual insurance expense here |
| Maintenance Expense |
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Enter annual maintenance and repairs expense here |
| Other Expense |
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Enter annual expenses which don't fit in any other
category here |
| Property Tax |
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Enter annual property tax here |
| Telephone Expense |
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Enter annual telephone expense here (don't include yellow
pages expense) |
| Utility Expense |
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Enter annual utility expenses here |
| TOTAL EXPENSES |
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| NET CASH FLOW |
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| INTEREST EXPENSE |
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| NET CASH FLOW AFTER INTEREST |
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| PRINCIPAL REDUCTION |
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| NET CASH FLOW AFTER PRINCIPAL & INTEREST PAYMENT |
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| Enter Desired Selling Price |
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Enter the desired selling price here |
| Down Payment |
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20% is the amount typically desired by lenders |
| Amount Financed |
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This amount is the selling price less the down payment
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| Interest Rate |
7.25% |
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This is a typical interest rate |
| Loan Term in Years |
25 |
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This is a typical loan term |
| Loan Coverage |
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Loan coverage should be at least 1.20 to qualify for a
bank loan. If your result is less, reduce the selling
price to reach this target. |
| Capitalization Rate |
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Capitalization rates of properties that sell range from 8%
to 12%. If your result is less, reduce the selling
price to reach this range. Buyers demand higher
capitalization rates for smaller properties (10% and up) and lower
capitalization rates for larger properties (over $2,000,000). |
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To download a FREE comprehensive spreadsheet that runs on
your computer only and allows you to adjust the interest rates, loan term,
down payment and lets you project ten years of income and expenses,
contact us at 877.629.6446 or e-mail us at
Model@ParkerBurns.com. |
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| WARNING: |
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| The income and expense information above have
been supplied by the user and are dependent upon future events with
respect to industry performance, |
| economic conditions and the ability
of the new owner to effectively
manage the property. The user is
solely responsible for the
accuracy of the
income |
| and expense data presented
above. Prospective purchasers
should perform an independent
review of
financial and operational
matters rather than
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| relying upon
the data presented on this
page. |
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Parker Burns & Co., Inc. |
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110 Milford Drive, Suite 106 L2 |
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Hudson, Ohio 44236 |
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| 330.554.9224 . www.ParkerBurns.com |
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| ©Parker Burns & Co., Inc. 2007 |
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