Studio Rental ROI Calculator
Compare renting vs owning a photography studio. Calculate break-even bookings and annual cost comparison.
Inputs
Results
Revenue to Break Even
$20,400.00
≈ 10 gaming PCs
Break-Even Bookings/Month
7
How to Use This Calculator
- Enter Monthly Studio Rent, Monthly Mortgage/Own Cost, and Bookings per Month.
- Set Average Session Fee and Monthly Utilities.
- Review Revenue to Break Even ($) and Break-Even Bookings/Month.
- Use Annual Rental Cost ($) and Annual Ownership Cost ($) to inform your decision.
- Use the chart to visualize the results and explore different scenarios by adjusting inputs.
How the result changes with Monthly Studio Rent
| Monthly Studio Rent | Revenue to Break Even | Break-Even Bookings/Month |
|---|---|---|
| $1,000.00 | $14,400.00 | 5 |
| $3,500.00 | $44,400.00 | 15 |
| $6,500.00 | $80,400.00 | 27 |
| $9,000.00 | $110,400.00 | 37 |
What each input means
- Monthly Studio Rent
- Monthly rent for a commercial studio space.
- Monthly Mortgage/Own Cost
- Monthly mortgage or ownership cost if you buy the space.
- Bookings per Month
- Average number of client sessions per month in the studio.
- Average Session Fee
- Average fee charged per studio session.
- Monthly Utilities
- Monthly electricity, internet, and other utilities.
What each result means
- Annual Rental Cost
- Yearly cost of renting including utilities.
- Annual Ownership Cost
- Yearly cost of owning including utilities.
- Revenue to Break Even
- Annual revenue needed to cover rental costs.
- Break-Even Bookings/Month
- Minimum monthly bookings to cover studio costs.
- Rent vs Own Savings
- Positive means renting is cheaper; negative means owning is cheaper.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersMonthly Studio Rent = 1500, Monthly Mortgage/Own Cost = 2000, Bookings per Month = 15, Average Session Fee = 250 = 5 input(s) provided
- Calculate Revenue to Break EvenRevenue to Break Even20400 = $20,400
- Calculate Break-Even Bookings/MonthBreak-Even Bookings/Month7 = 7
- Calculate Annual Rental CostAnnual Rental Cost20400 = $20,400
- Calculate Annual Ownership CostAnnual Ownership Cost26400 = $26,400
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