Apartment, 1 bedroom, 52 m²
RADISSON RESORT MALDIVESHotelUnit 201B
LayoutSuit 2 th right
Bedrooms1
Bathrooms1
Living Area38 m²
Total Area52 m²
Price per m²$ 6,990
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 363,500
Rental Income Model
Purchase Price:
$363,500
ADR:
$385
Occupancy:
70%
Annual Net Income:
$37,970
ROI:
10.4%
Payback Period:
9.6 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $8,197 | $98,368 |
GST aggregator fees (17%) | -$1,394 | -$16,722 |
Management fee (17%) | -$1,394 | -$16,722 |
Operating expenses (20%) | -$1,639 | -$19,674 |
Advertising (5.8%) | -$475 | -$5,705 |
Depreciation and repairs (0.8%) | -$66 | -$787 |
Unforeseen expenses (0.8%) | -$66 | -$787 |
Net Income (Before Tax) | $3,164 | $37,970 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $420,000 | $428,400 | $436,968 | $445,707 | $454,622 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $37,970 | $75,940 | $113,910 | $151,879 |
| Total Net Profit | $56,500 | $102,870 | $149,408 | $196,117 | $243,001 |
| ROI | 15.5% | 28.3% | 41.1% | 54.0% | 66.9% |