Apartment, 1 bedroom, 58 m²
RADISSON RESORT MALDIVESHotelUnit 516
LayoutSuit 5th left
Bedrooms1
Bathrooms1
Living Area44 m²
Total Area58 m²
Price per m²$ 7,440
Ceiling Height2.7 m
HandoverJanuary 2029
FinishTurnkey
OwnershipLeasehold
$ 431,500
Rental Income Model
Purchase Price:
$431,500
ADR:
$482
Occupancy:
70%
Annual Net Income:
$47,536
ROI:
11%
Payback Period:
9.1 years
| Monthly | Yearly | |
|---|---|---|
Gross Rental Income | $10,263 | $123,151 |
GST aggregator fees (17%) | -$1,745 | -$20,936 |
Management fee (17%) | -$1,745 | -$20,936 |
Operating expenses (20%) | -$2,053 | -$24,630 |
Advertising (5.8%) | -$595 | -$7,143 |
Depreciation and repairs (0.8%) | -$82 | -$985 |
Unforeseen expenses (0.8%) | -$82 | -$985 |
Net Income (Before Tax) | $3,961 | $47,536 |
Resale Projection
Handover 2029 | 2030 | 2031 | 2032 | 2033 | |
|---|---|---|---|---|---|
| Projected Sale Price | $520,000 | $530,400 | $541,008 | $551,828 | $562,865 |
| Resale tax (0%) | $0 | $0 | $0 | $0 | $0 |
| Resale advertising (0%) | $0 | $0 | $0 | $0 | $0 |
| Cumulative Net Rental Income | $0 | $47,536 | $95,073 | $142,609 | $190,145 |
| Total Net Profit | $88,500 | $146,436 | $204,581 | $262,937 | $321,510 |
| ROI | 20.5% | 33.9% | 47.4% | 60.9% | 74.5% |