Savusavu Harbourside Investment Returns

Financial Projections for Harbourside Gold Key apartments

Price: FJ$312,300*
Equity: FJ$156,150
Fit out value: FJ$27,000

  Year 1 Year 2 Year 3 Year 4 Year 5
Average Occupancy 50% 55% 60% 65% 70%
Average Room Rate 180 185 190 195 200
Gross accomodation revenue 29,700 33,578 37,260 41,828 46,200
Less Strata/Management Fee 2,617 2,748 2,885 3,030 3,181
Less Rental Commission 4,455 5,037 5,643 6,274 6,930
Less F.F.& E. reserve account 3,857 3,857 3,857 3,857 3,857
Less Interest cost 12,102 12,102 12,102 12,102 12,102
Projected Pre tax net return 6,669 9,834 13,133 16,565 20,130
Percentage pre tax net return 4.27% 6.30% 8.41% 10.61% 12.89%

 

Financial Projections for Harbourside Classic apartments

Price: FJ$244,800*
Equity: FJ$122,400
Fit out value: FJ$27,000

  Year 1 Year 2 Year 3 Year 4 Year 5
Average Occupancy 50% 55% 60% 65% 70%
Average Room Rate 150 155 160 165 170
Gross accomodation revenue 24,750 28,133 31,680 35,393 39,270
Less Strata/Management Fee 1,971 2,070 2,173 2,282 2,396
Less Rental Commission 3,713 4,220 4,752 5,309 5,891
Less F.F.& E. reserve account 3,857 3,857 3,857 3,857 3,857
Less Interest cost 9,486 9,486 9,486 9,486 9,486
Projected Pre tax net return 5,723 8,500 11,411 14,458 17,640
Percentage pre tax net return 4.68% 6.94% 9.32% 11.81% 14.41%

*Sale Price based on 10% discount for early purchasers.

Note: Financial Projections are for illustration only and should be independently verified. If no mortgage required ROI is higher in the early years

Savusavu Marina Village
PO Box 186, Savusavu, Fiji Islands
Ph: +679 8853 543 Fax: +679 8853 422
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