THE LAKE PROJECT - COTTAGE A
In this example you can see the costs, revenue, profit and return on investment when you buy a cottage for 289 000 SEK while spending 2 weeks of vacation in your cottage in July and 1 week in October. The first calculation is based on a cottage that is not renovated. The second calculation is based on a cottage that is renovated. For more in-depth information, click on the links in the table below.
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COTTAGE A – 289 000 SEK | CALCULATION PERIOD | ||
WITHOUT RENOVATION | 2024 1 year | 2024 – 2033 10 years | 2024 – 2043 20 years |
A. Rental income (50%-60%) A – specification rental income | 29 500 | 323 016 | 716 772 |
B. Costs B – specification of costs | 24 000 | 262 790 | 583 130 |
C. Profit (A-B) | 5 500 | 60 226 | 133 642 |
Return on investment – financial (C / 289 000) | 1,9% | 2,1% | 2,3% |
D. Value of own usage 2 – specification value own usage | 16 000 | 175 200 | 388 750 |
Return on investment – financial + benefit (C+D / 289 000) | 7,45 | 8,1% | 9,0% |
COTTAGE A – 289 000 SEK | CALCULATION PERIOD | ||
WITH RENOVATION | 2024 1 year | 2024 – 2033 10 years | 2024 – 2043 20 years |
A. Rental income (50%-60%) A – specification rental income | 29 500 | 507 903 | 1 239 215 |
B. Costs B – specification of costs | 24 000 | 262 790 | 583 130 |
C. Profit (A-B) | 5 500 | 245 113 | 656 085 |
Return on investment – financial (C / 289 000) | 1,9% | 8,5% | 11,3% |
D. Value of own usage 2 – specification value own usage | 16 000 | 241 650 | 656 085 |
Return on investment – financial + benefit (C+D / 289 000) | 7,4% | 16,8% | 21,2% |