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Quick Self-Storage Deal Analysis Using ‘Back of the Napkin’ Math
Quickly size up a self-storage deal using back-of-the-napkin math. Start with gross income, estimate expenses (30–40% if actuals aren’t available), then subtract to get your Net Operating Income (NOI). Divide the NOI by your target cap rate to estimate value. This fast method helps self-storage investors make smarter decisions on the fly without needing a full spreadsheet—perfect for first looks and quick deal screening.

StorageLife
Jun 164 min read
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