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Storage Fee Revenue Calculator

Storage fees for additional locker/unit storage generate steady monthly revenue.

$
%
$
$

Annual net revenue

$26,920

Monthly gross

$2,560

Annual amortization

$2,000

How the math works

Gross = units × occ × fee. Net = gross × 12 − amortization − maintenance.

80 × 80% × $40 = $2,560/mo × 12 = $30,720 − $2k − $1.8k = $26,920/yr net.

How to Use

  1. Enter storage units count.
  2. Enter monthly fee.
  3. Enter occupancy %.
  4. Enter capex.
  5. Enter life years.
  6. Enter maintenance monthly.
  7. Read annual net.

Frequently Asked Questions

Storage fee types?

Unit locker (3×3×5 ft): $25-60/mo. Walk-in locker (4×5×6 ft): $40-100/mo. Storage room (5×8 ft): $75-200/mo. Wine storage (climate-controlled): $50-150/mo. Bike storage: $10-30/mo. Outside boat/RV (at pad): $50-250/mo. Scale with unit size, location, climate control, security.

Capex + returns?

Modular locker system: $300-1,500 per locker. Metal cages: $200-600 per cage. Secure room: $3-15k per room buildout. Amortize 15-25 years. Monthly rent 5-15× amortized monthly cost = strong ROI. Example: $500 locker amortized $2.50/mo over 15 yr rents at $45/mo = 18× monthly ROI.

Demand dynamics?

Urban multifamily: 70-95% of units have no in-unit storage = huge demand for add'l. 60-85% adoption when available. Suburban: 40-60% adoption (more in-unit space). Modern Class A: storage often included in rent (luxury feature). Class B/C: paid add-on. Waitlists common at mature buildings.

Revenue impact?

200-unit building with 100 storage lockers at $40/mo × 80% occupancy = $38.4k/year. Cost: ~$2-5k amortization + $1-3k operational. Net: $30-35k/year. Scale across portfolio: 10 buildings = $300-350k/year storage revenue. Material ancillary revenue for sophisticated operators.

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