Projected Income and Expenses
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- Income and Expenses
Projected Income and Expenses
10-Bedroom Villa Projected Income:
Average nightly rate: £900
Average occupancy rate: 60%
Annual nights booked: 365 * 0.60 = 219 nights
Annual income: 219 nights * £900 = £197,100
Average exclusive rental rate: £3,000 per event
Number of exclusive rentals per year: 24 (1 per month)
Annual income: 24 events * £3,000 = £72,000
Total Annual Income for 10-Bedroom Villa: £197,100 + £72,000 = £269,100
Maintenance and Repairs:
Annual cost: £10,000
Utilities (Water, Electricity, Internet, etc.):
Annual cost: £12,000
Housekeeping and Staff Salaries:
Annual cost: £24,000
Property Management Fees:
Annual cost: £12,000
Insurance:
Annual cost: £3,000
Total Annual Expenses for 10-Bedroom Villa: £61,000
Net Annual Income for 10-Bedroom Villa: £269,100 - £61,000 = £208,100
Projected Income and Expenses
Summary
Total Annual Income:
10-Bedroom Villa: £123,600
Event Hall: £350,000
Combined: £473,600
Total Annual Expenses:
10-Bedroom Villa: £61,000
Event Hall: £130,000
Combined: £191,000
Total Net Annual Income:
Combined: £282,600
This projected income and expenses outline demonstrates the potential profitability of the 10-bedroom villa and event hall within the MAFHH HOME Peace & Serenity Village project.
