is there a calculator software on self storage

In Buying Property - Asked by Dukens J. - Nov 21, 2009
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Answer(s)

Charles A.
Lender/Mortgage Broker
Houston, TX

There are several software packages available for running numbers on sq footage, DSC ratios, NOI and GOI etc.
What exactly are you wanting to achieve?
No matter what commercial property you are buying, the basic rules are the same.
GOI - Expenses = NOI
DSC depends upon several factors
1. Type of property, we use a 1.30 for self storage
2. Cash into the deal, i.e. Downpayment, was there an owner 2nd, 1031 or any other non standard cash at closing consideration?
3. Quality of location and
4. Borrower qualifications
Our greatest consideration goes to the property's income stream. Can it support the requested loan amount?
Regards
Charles Abernathy

Nov 23, 2009
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Gregory G.
Broker/Agent
San Francisco, CA

We use a custom spread sheet in excel. What are you calculating exactly?
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Gregory Garver - Commercial Real Estate Broker
Broker License# 01716531
(415)225-9894
gregory.garver@gmail.com
Web Reference: http://www.gregorygarver.com

Dec 3, 2009
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