One calculator. Same answer. Whichever side of the deal you're on.
A back-of-the-napkin underwriting tool for RV park investors. Punch in the listing details, get NOI, cap rate, cash-on-cash, and a deal-quality score — in under sixty seconds.
Most RV park listings come with a one-page flyer and a phone number. Before you spend a week on a real underwriting model, this tool tells you whether the deal is even in the ballpark.
Asking price, sites, nightly rate, and roughly what the seller claims for expenses. Best guesses are fine.
Get NOI, cap rate, and a 0–100 deal-quality score based on industry benchmarks.
Like the numbers? Unlock the full underwrite — cash-on-cash, DSCR, comps, and financing — in dre1mery.com.
A healthy independent RV park typically trades between 7% and 10% cap. Below 6% means you're paying retail; above 11% usually signals risk (lease land, deferred maintenance, declining market).
Most commercial lenders want a debt-service coverage ratio of 1.25× or better. Below 1.0× and the park doesn't cover its own mortgage.
After the mortgage is paid, what's your return on the cash you actually put in? Eight percent and up is generally where this asset class earns its keep.
Healthy independent parks usually trade between a 7% and 10% cap. Below 6% generally means paying retail; above 11% often signals risk (leased land, deferred maintenance, a softening market).
A weighted blend: cap rate (25%), cash-on-cash (25%), DSCR (20%), expense ratio (15%), and the buffer between your occupancy and break-even occupancy (15%).
Yes. The deal score, gross revenue, NOI, and cap rate are free and run entirely in your browser. Enter your email to continue into dre1mery.com, where the full underwriting suite is available on a paid plan (Student from $19.99/mo).
Asking price, sites, blended nightly rate, occupancy, and rough operating expenses. Best-guess estimates are fine for a first pass.