Storage Unit Profit Calculator
Estimate monthly and annual self-storage profit from unit count, rent, occupancy, and operating costs.
Model self-storage facility profit
Self-storage economics hinge on how many units are rented, the monthly rate per unit, and fixed operating costs such as payroll, insurance, and utilities. This calculator estimates gross revenue from occupancy and subtracts monthly operating expenses to show monthly and annual profit.
Compare with the Rental Profit Calculator for residential rentals or the Profit Calculator for general margin analysis.
Revenue formula
Occupied units equal total units multiplied by the occupancy rate. Gross monthly revenue is rent per unit times occupied units. Monthly profit is revenue minus operating cost; annual profit multiplies the monthly figure by 12.
Frequently Asked Questions
Should rent be the street rate or average achieved rate?
Use the average monthly rent you actually collect across occupied units, including discounts and promotions, for the most realistic forecast.
Does this include debt service or capital expenditures?
No. The tool focuses on operating profit. Mortgage payments, major renovations, and taxes are excluded unless you fold them into operating cost.
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