Covered Land Calculator

Covered land plays include self storage units, parking lots, equipment storage, vehicle storage, or boat storage yards to name a few. The primary goal is to generate cashflow to cover expenses such as property tax, insurance, mortgage interest while waiting for the underlying land to increase in value.

“Time in the market beats timing the market. ”
Covered Land Calculator

Total units

Occupied Units

Street Rate ($)

Annual Revenue

$614,000.00

Gross Potential Revenue

$720,000.00

Expenses @ %

$110,592.00

NOI

$503,808.00

Cap Rate (%)

Max Purchase Price

$8,299,967.05

Value Fully Tenanted

$9,726,523.89

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