



Profitability calculation
Profitability minus Booking 15300 euros.
Possible rent monthly out of season for 800 euros per month for 8 months. Additional income for the year = 6400 euros. Total for the year: 21,700 euros.
Purchase and maintenance costs 260,000 + 7,800 (one-time property turnover tax 3%) + 800 (annual tax + tax) + 500 (MC) = 269,100.
Payback period 269100 euros / 21700 = 12.4 years. Profitability 21700*100/269100 = 8.1%
Calculations are given for 2021-2022.

Red Panda Properties, Inh. Mario Totzek
Telefon: +49 341 319 580 31
Mobil: +49 1575 847 49 27
contact@redpanda-properties.com
