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ROI Calculator

Estimate the potential return on investment for your parking management system.
Select your university size and see how Spot Parking can help you maximize revenue.

1. Select University Size

25 lots • 10,000 stalls

2. Select Service

Comprehensive Wayfinding + Automated Enforcement + Full Analytics

Included Features

Live Updating Mobile App
Real-time Spot Availability
Live Map iFrame
Occupancy Analytics and Heatmaps
Existing Camera Support
Support for Multiple Lot Types and Stall Categories
Customizable Parking Rules and Regulations
Automated Violation Detection
Automated Citation Issuance
Speed Cite™
Enforcement Mobile App
Real-time Notifications
Optional Ticket-by-mail
Flexible API and Dashboard Access
Comprehensive Violation Reporting and Analytics
Custom Web-App for Paying and Appealing Citations
Seamless Integration with Existing Enforcement Systems
Pay and Appeal Citations with Native Mobile App
Purchase Permits with Native Mobile App

3. Select Projection Scenario

4. Customize (Optional)

Current System

Citation Revenue

$500,000.00

Permit Revenue

$1,200,000.00

Gross Revenue

$1,700,000.00

Software Expense

$60,000.00

Labor Cost

$224,640.00

Insurance Premium

$150,000.00

Net Revenue

$1,265,360.00

With Spot Parking (average case)

Citation Revenue+100%

$1,000,000.00

Permit Revenue+15%

$1,380,000.00

Gross Revenue+40%

$2,380,000.00

Software Expense(100 cameras)

$357,000.00

Labor Cost-50%

$112,320.00

Insurance Premium-10%

$135,000.00

Net Revenue

$1,768,180.00

Total System Cost (annual)

Includes 15% contract discount for a 4-year contract

$357,000.00

Change in Bottom Line (annual)

Estimated annual change in bottom line after software costs and labor savings.

$502,820.00

4-Year System Cost

$1,428,000.00

Total Hardware Investment: $75,000.00