Calculators

Model a rent increase.

A rent increase earns more per tenant, but it can also make tenants leave. This calculator weighs the two against each other and shows how many extra move-outs it takes before the increase earns nothing.

Your figures

Example values are filled in. Replace them with your own figures.

Result

Extra monthly revenue from tenants who stay

€1,397

4.5 tenants moving out

Net effect in the first year

+€14,962

Break-even: extra move-outs at which you break even

22.4%

Everything is calculated in your own browser. Nothing is stored or sent.

How does the calculator work?

The calculator compares two situations over the first twelve months. Without an increase, all tenants stay at their current rent. With an increase, those who stay pay the new rent and a share of tenants moves out on top of normal move-outs. Their units stand empty for a number of months and are then let to new tenants at the rent you enter.

The difference between the two is the net effect in the first year. The break-even point is the extra move-out rate at which that effect is exactly zero. If your expected extra move-outs are well below it, the increase pays off.

What should you watch out for?

Extra move-outs are an estimate. Look at what happened after earlier increases, and if in doubt start with a smaller group of tenants. Tenants who have been below street rate for a long time often have the most room for an increase.

Whether and how you may raise the rent depends on your rental agreement, your terms and conditions and the rules in your country. Always announce an increase in good time and clearly.

FAQ

Frequently asked questions

How much may I raise the rent?

That depends on your rental agreement, your terms and conditions and the rules in your country. Also look at the street rate for new tenants: a tenant far below it may take a bigger step than someone already close to it.

What should I enter for extra move-outs?

The share of tenants you expect to leave because of the increase, on top of your normal move-outs. Use your experience with earlier increases. If you do not know, model a few scenarios and look at the break-even point.

Is what I enter stored?

No. The calculation happens in your own browser. Nothing is stored or sent to us.

See your own operation in TheStorageControl.

In a demo we show the platform using your situation: your facilities, your unit mix and the way you work today.