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Enter your revenue and expense figures. Get your Net Operating Income instantly, along with an expense ratio benchmark and an implied market value estimate. No login, no email required.
Enter your annual figures
Your results
Net Operating Income
$0
NOI margin: 0.0%
Income statement
Implied market value
Estimated Value
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Operating expenses include utilities, property taxes, insurance, management fees, maintenance, landscaping, marketing, and professional fees. They do NOT include mortgage payments, depreciation, or major capital expenditures like replacing a septic system.
Getting this distinction right is critical. A park with a 30% expense ratio looks like it's running lean — but if the owner's labor isn't priced in, the real ratio is probably closer to 45%.
Full valuation guide →Most stabilized RV parks run between 35% and 50% expense ratios. Below 30% usually means owner labor is not being counted — which buyers will normalize back in when they underwrite. Above 55% signals management inefficiency or structural cost problems that will affect your cap rate and sale price.
The gauge on this calculator shows where your ratio falls relative to these benchmarks in real time.
How expense ratio affects cap rate →Buyers divide your NOI by a cap rate to estimate your park's market value. The cap rate varies by market, park type, condition, and financial documentation quality. A park with $200,000 NOI at an 8.5% cap rate is worth roughly $2.35M. At 10%, that same NOI is worth $2M.
The implied value at the bottom of this calculator uses the cap rate you enter to show that math in real time.
Full valuation calculator →If your numbers look strong, a buyer should be competing for your park. If you want to know what we'd offer, tell us about it.