Apartment, 1 bedroom, 56 m²
RADISSON RESORT MALDIVESHotelUnit 418
LayoutSuit 4th left
Bedrooms1
Bathrooms1
Living Area42 m²
Total Area56 m²
Price per m²$ 7,500
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 420,000
Rental Income Model
Purchase Price:
$420,000
ADR:
$463
Occupancy:
70%
Annual Net Income:
$45,662
ROI:
10.9%
Payback Period:
9.2 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $9,858 | $118,296 |
GST aggregator fees (17%) | -$1,676 | -$20,110 |
Management fee (17%) | -$1,676 | -$20,110 |
Operating expenses (20%) | -$1,972 | -$23,659 |
Advertising (5.8%) | -$572 | -$6,861 |
Depreciation and repairs (0.8%) | -$79 | -$946 |
Unforeseen expenses (0.8%) | -$79 | -$946 |
Net Income (Before Tax) | $3,805 | $45,662 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $500,000 | $510,000 | $520,200 | $530,604 | $541,216 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $45,662 | $91,325 | $136,987 | $182,650 |
| Total Net Profit | $80,000 | $135,662 | $191,525 | $247,591 | $303,866 |
| ROI | 19.0% | 32.3% | 45.6% | 59.0% | 72.3% |