Sold
Apartment, 1 bedroom, 28 m²
Elysium Eco CityBlock 2Unit 2.5.41
Layout28 sq m ocean
Bedrooms1
Bathrooms1
Living Area28 m²
Price per m²$ 3,929
Ceiling Height2.7 m
HandoverMarch 2028
FinishTurnkey
OwnershipLeasehold until 2053
$ 110,000
Down Payment from $ 11,000 (10%)
Rental Income Model
Purchase Price:
$110,000
ADR:
$90
Occupancy:
85%
Annual Net Income:
$18,150
ROI:
16.5%
Payback Period:
6.1 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 $110,000 | $140,000 | $144,200 | $148,526 | $152,982 | $157,571 |
| Property Value Growth | + $30,000 | + $34,200 | + $38,526 | + $42,982 | + $47,571 |
| 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 | $27,200 | $49,466 | $71,855 | $94,371 | $117,018 |
| ROI | 24.7% | 45.0% | 65.3% | 85.8% | 106.4% |
Value GrowthRentCostsProfit
Payment Plans
Down Payment | |||
| 1Payment 1 | Oct 23, 2026 | 25% | $27,500 |
During Construction | |||
| 2Payment 2 | Jan 23, 2027 | 15% | $16,500 |
| 3Payment 3 | Apr 23, 2027 | 15% | $16,500 |
| 4Payment 4 | Jul 23, 2027 | 15% | $16,500 |
| 5Payment 5 | Oct 23, 2027 | 15% | $16,500 |
| 6Payment 6 | Jan 23, 2028 | 15% | $16,500 |
Incentives | |||
| Paid with rental income | -10% | $11,000 | |