INCREASE YOUR CAPITALIZATION RATE WITH AN EVOLUTION DOG WASH
Not only will you attract and retain more residents with an Evolution Dog Wash, but you will increase the value of your property!
THE EVOLUTION DOG WASH DIFFERENCE
Our self-contained, all-in one automated pet wash includes everything residents need to safely wash their pet. Evolution Dog Wash offers years of worry-free service for pet loving residents, plus reduces the overall plumbing maintenance on the building since residents don’t have to wash pets in their own apartment.
All of our models come with the following:
- Proudly Made in the USA
- Aircraft Grade Stainless Steel
- Triple Filtration Drain System
- 10-Year Warranty*
- Superior Quality
- Low Maintenance
*10-Year Warranty on Frame, Three-Year Warranty on Parts
captilization comparison
The capitalization rate (cap rate) is used to indicate the rate of return that is expected to be generated on an investment property. This is based on the net income which the property is expected to generate, then calculated by dividing the net operating income by the property asset value, and this is expressed as a percentage. Adding an Evolution Dog Wash not only enhances your community and attracts pet owners, it increases your cap rate and ancillary income year over year.
Capitalization Rate WITHOUT An Evolution Dog Wash
Net Operating Income: $195,000.00
Current Market Value: $2,200,000.00
Capitalization Rate: 8.9%
Capitalization Rate WITH An Evolution Dog Wash**
Net Operating Income: $214,440.00
Current Market Value: $2,200,000.00
Capitalization Rate: 9.7%
**Based on a 12 month timeframe, 150 pet washes per month, $12 revenue per wash, subtracting $1.20 per wash for soap, water and electricity = an additional net operating income of $19,440/year.Â
HOW MUCH VALUE CAN AN EVOLUTION DOG WASH ADD TO YOUR PROPERTY?
Just a small investment can inject a significant amount of extra revenue year in and year out, and increase the capitalized value of your property. Use our calculator below to estimate your capitaliztion value.
Please enter the number of apartments at your property.
Please select your
occupancy rate.
Please select the percentage of dog owners at your property.
The average dog owner washes their dog every 3 to 5 weeks. Enter in numbers to get your ROI.
This is your estimated revenue based on $10/wash. Expenses of $1 should be allocated to shampoo, electricity, water.
This is your estimated capitalized value: (i.e. how much value your dog wash adds to your property).
SAMPLE
279 units @ 91% occupancy x 50% dog owners= 127 dogs x 1 wash/month x 12 months=
1,524 washes per year x $10/wash= $15,240 in revenue – $1,524 in expenses= $13,710 in
income from the washes per year / 6% cap rate = $228,501 of capitalized value
An amenity dog lovers can’t pass up
Don’t take our word for it, hear what property owners and renters are saying about the Evolution Dog Wash!
ADD AN AUTOMATED SELF-SERVE PET WASH TO YOUR COMMUNITY. CONTACT US TODAY!
Ready to get started? Have questions? Fill out our form below and one of our team members will contact you. We look forward to meeting you!
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