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Buy house in Montenegro region in Kolasin city in Kolasin

86 387 $

625 $ /м²

4OgA7
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Area

138 м2

Bedrooms

3

House in Kolašin. City - Kolašin

House for sale with a plot in picturesque Kolasin!


House 112 m2 + terrace 26 m2
Land plot: 1000 m2

" Spacious house with terrace
Большой Large land plot for recreation or additional buildings
опи Picturesque place, clean air and beautiful nature


All communications are summed up.



Calculation of profitability

Financial settlement for renting a house in Kolasin



Income:





  1. Summer season:



    • June (60 euros/day, 14 days): 60 × 14 = 840 euros

    • July (80 euros/day, 55 days): 80 × 55 = 4,400 euros

    • August (80 euros/day, 55 days): 80 × 55 = 4,400 euros

    • September (70 euros/day, 14 days): 70 × 14 = 980 euros

    • October (60 euros/day, 10 days): 60 × 10 = 600 euros




  2. Winter season:



    • December (90 euros/day, 14 days): 90 × 14 = 1.260 euros

    • January (90 euros/day, 23 days): 90 × 23 = 2.070 euros

    • February (70 euros/day, 14 days): 70 × 14 = 980 euros

    • March (60 euros/day, 10 days): 60 × 10 = 600 euros





Total revenue for the year:
840 + 4,400 + 4,400 + 980 + 600 + 1,260 + 2.070 + 980 + 600 = 16,130 euros






Expenses:




  1. Advertising (summer season only, 15% of summer income):

    • (840 + 4,400 + 4,400 + 980 + 600) x 0.15 = 1.044 euros



  2. Home maintenance:210 euros

  3. Annual tax:400 euros



Total expenses for the year:
1,044 + 210 + 400 = 2,293 euros






Financial indicators:





  1. Net profit for the year:
    16,130 euros (income) - 2.293 euros (expenses) = 13,837 euros




  2. Marginal profit (income excluding taxes and services):
    16,130 euros - 1,044 euros (advertising) = 14,447 euros




  3. Capital turnover ratio:
    16,130 euros (annual income) ÷ 80,000 euros (home value) = 0.2016 (or 20.16%)




  4. Return on investment (ROI):
    13.837 euros (net income) ÷ 80,000 euros (initial investment) = 0.1729 (or 17.29%)



  5. Percentage of total expenses to income:
    >293 euros (total expenses) ÷ 16,130 euros (total income) = 0.1422 (or 14.22%)







Conclusion:



Investment in this house brings net annual profit of 13,837 euros.
The house pays off in 5.78 years while maintaining current prices and demand.


Additional details

Property type

Residential Properties

Object type

House

Price

86 387 $

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