Sold
Apartment, 1 bedroom, 28 m²
Elysium Eco CityBlock 2Unit 2.5.39
Layout28 sq m ocean
Bedrooms1
Bathrooms1
Living Area28 m²
Price per m²$ 5,768
Ceiling Height2.7 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 161,500
Down Payment from $ 16,150 (10%)
Rental Income Model
Purchase Price:
$161,500
ADR:
$90
Occupancy:
85%
Annual Net Income:
$18,150
ROI:
11.2%
Payback Period:
8.9 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $2,327 | $27,923 |
Management fee (18%) | -$419 | -$5,026 |
Other maintenance costs (cleaning, appliances, utilities, welcome packs, repairs, etc.) (17%) | -$396 | -$4,747 |
Net Income (Before Tax) | $1,512 | $18,150 |
Resale Projection
Handover 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|
| Projected Sale PricePurchase Price $161,500 | $140,000 | $144,200 | $148,526 | $152,982 | $157,571 |
| Property Value Growth | - $21,500 | - $17,300 | - $12,974 | - $8,518 | - $3,929 |
| Cumulative Rental Income | $0 | + $18,150 | + $36,299 | + $54,449 | + $72,599 |
| Re-registration costs (2%) | - $2,800 | - $2,884 | - $2,971 | - $3,060 | - $3,151 |
| Total Net Profit | - $24,300 | - $2,034 | $20,355 | $42,871 | $65,518 |
| ROI | - 15.0% | - 1.3% | 12.6% | 26.5% | 40.6% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 23, 2026 | 25% | $40,375 |
During Construction | |||
| 2Payment 2 | Jan 23, 2027 | 15% | $24,225 |
| 3Payment 3 | Apr 23, 2027 | 15% | $24,225 |
| 4Payment 4 | Jul 23, 2027 | 15% | $24,225 |
| 5Payment 5 | Oct 23, 2027 | 15% | $24,225 |
| 6Payment 6 | Jan 23, 2028 | 15% | $24,225 |
Incentives | |||
| Paid with rental income | -10% | $16,150 | |