| A | B | C | D | E | F | G | H | I | J | K | |
|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Refugio Self Storage | ||||||||||
2 | 908 Bayou St, Refugio, TX 78377 | ||||||||||
6 | |||||||||||
7 |  | Sites / Units | 126 | ||||||||
8 | Sqft | 14,700 | |||||||||
9 | Occupied | 107 | 85% | ||||||||
10 | Parcel Size | 2.55 | |||||||||
11 | Year | 2014 | |||||||||
12 | County | Refugio | |||||||||
13 | Flood Zone | No | |||||||||
14 | Tornado Zone | No | |||||||||
15 | |||||||||||
16 | Total | Occ. | Monthly | Market | |||||||
17 | Water Type | NA | Climate control | 20 | 19 | $141 | $163 | ||||
18 | Sewer Type | NA | Non CC | 98 | 89 | $90 | $104 | ||||
19 | Property Taxes | $10,000 | Outdoor Parking | 8 | 2 | $55 | $55 | ||||
20 | Seller Financing? | Yes | 126 | 110 | $96 | $110 | |||||
21 | |||||||||||
22 | Annual Gross | $115,965 | NOI | $71,898 | |||||||
23 | Annual Expenses | $44,067 | Price | $900,000 | |||||||
24 | Expense Ratio | 38% | Cap Rate | 8.0% | |||||||
25 | |||||||||||
26 | Down Payment | 42% | $375,000 | Capex: | $100,000 | ||||||
27 | Financed Amount | 36 | $525,000 | Cash Required | $475,000 | ||||||
28 | Interest Only | 5.00% | Private Money | 12% | |||||||
29 | Monthly | $2,188 | Monthly | $4,750 | |||||||
30 | Annual | $26,250 | Annual | $57,000 | |||||||
31 | |||||||||||
32 | Previous Year | 2024 | 2025 | 2026 | 2027 | ||||||
33 | Total Lots / Units | 126 | 126 | 126 | 126 | 126 | |||||
34 | Occupancy | 107 | 108 | 109 | 111 | 113 | |||||
35 | 85% | 86% | 87% | 88% | 89% | ||||||
36 | Monthly | $96 | $96 | $98 | $103 | $108 | |||||
37 | Storage Rent | $115,965 | $124,831 | $128,601 | $136,381 | $146,064 | |||||
39 | Expenses | -$44,067 | -$40,367 | -$40,770 | -$41,178 | -$41,590 | |||||
40 | 38% | 32% | 32% | 30% | 28% | ||||||
41 | NOI | $71,898 | $84,464 | $87,830 | $95,203 | $104,474 | |||||
42 | Total Debt PMTs | x | -$83,250 | -$83,250 | -$83,250 | -$83,250 | |||||
43 | Final Net Income | x | $1,214 | $4,580 | $11,953 | $21,224 | |||||
46 | |||||||||||