Tommy Dobczyk explains how to rent yard space to landscapers and construction crews who need to store equipment before heading out each morning. A typical lot generates roughly $15,000 monthly, yielding $63,000 to $144,000 annual cash flow after debt service.
Chapters
because the area right there, they're getting $3,000 for a little lot like that. Those landscapers can't keep that stuff in their yard. They don't want to drive all the way from Buckeye to Cave Creek to cut grass with a trailer and driving on the highway and all that. So they have a yard out here. They'll get that yard. They live out in Buckeye or Goodyear or something like that. They drive out here every morning, 4:00 AM, get in their trucks and go out and do the work. Pool guys, landscapers, construction guys, roofers. And it's big enough to put like even a big like shade structure on it. So we get fancy with them on it and just keep adding on to their monthly and it increases our monthly income. So our monthly gross, $15K a month, the cash flow after debt, those are the annuals right there. Annual NOI, discounted, discounted yards all the way down. So we've got the propensity of $63,000 to $144,000 cash flow after debt, giving us DSCR scores 3+ to 6+.