Registry number: 5-0666472/001
Exclusive one-bedroom apartment on the first line of the sea - a working business!
Calculations for 2023
- Income during the season :
70 days * 120 EUR/day = 8,400 EUR.
- Income off-season :
500 EUR/month * 8 months = 4,000 EUR.
Total income per year :
8,400 euros (season) + 4,000 euros (out of season) = 12,400 euros.Advertising costs during the season :
15% of 8,400 euros = 1,260 euros.Management company expenses :
20% of total income (12,400 EUR) = 2,480 EUR.Property turnover tax :
This is a one-time tax and is not taken into account in the ROI calculation.Annual expenses :
700 EUR (tax) + 360 EUR (service) = 1,060 EUR.Total annual expenses :
1,260 EUR (advertisement) + 1,060 EUR (annual expenses) + 2,480 EUR (management company) = 4,800 EUR.Net profit per year :
12,400 EUR (income) - 4,800 EUR (expenses) = 7,600 EUR.ROI (return on investment) :
ROI = (7,600 euros / 155,000 euros) * 100% ≈ 4.5%.Capital turnover ratio :
COC = 12,400 EUR / 155,000 EUR ≈ 0.07, or approximately 7%.Percentage of expenses :
Expense percentage = (4,800 EUR / 12,400 EUR) * 100% ≈ 38.71%.
The annual ROI is 4.5% , the capital turnover ratio is 8% , and the expense ratio is 38.71% .