|
|
Cost to Own
| |
Luxury Wilderness Lodge |
Fractional Ownership |
Lowest Price Alternative
Vacation Homes |
| |
Monthly |
Yearly |
Monthly |
Yearly |
Monthly |
Yearly |
| Condominium Maintenance Fees |
$150.00 |
$1,800.00 |
$27.00 |
$324.00 |
- |
- |
| Water and sewer |
included |
included |
included |
included |
$50.00 |
$600.00 |
| Maintenance of entire site, and common elements |
included |
included |
included |
included |
$75.00 |
$900.00 |
| Maintenance of individual Ultra Sites and common private site amenities |
included |
included |
included |
included |
$5.00 |
$60.00 |
| Wireless High Speed Internet |
included |
included |
included |
included |
$100.00 |
$1,200.00 |
| Property taxes |
$99.17 |
$1,190.00 |
$19.83 |
$238.00 |
$875.00 |
$10,500.00 |
| Lodge Insurance |
$46.98 |
$563.78 |
$9.40 |
$112.76 |
$100.00 |
$1,200.00 |
| Activities and recreational and entertainment equipment (rarely an additional charge) |
included |
included |
included |
included |
$10.00 |
$120.00 |
| Electric (dependent upon volume of use and whether or not heat is electric) |
.13 per kwh |
.13 per kwh |
.13 per kwh |
.13 per kwh |
? |
? |
| LP Gas (dependent upon volume of use and whether or not heat is electric) |
? |
? |
? |
? |
? |
? |
| Total Operating Cost |
$296.15 |
$3,553.78 |
$46.83 |
$562.00 |
$1,215.00 |
$14,580.00 |
| |
| |
Luxury Wilderness Lodge |
Fractional Ownership |
Lowest Price Alternative
Vacation Homes |
| |
Monthly |
Yearly |
Monthly |
Yearly |
Monthly |
Yearly |
| Lodge/Home Financing expenses |
Based on 10% down on $139,500 Lodge on Resort Class Site |
Based on 25% down on $46,500 Lodge |
Based on 10% down on $350,000 Home |
| $857.51 |
$10,290.12 |
$374.91 |
$4,498.88 |
$1,991.02 |
$23,892.24 |
| Ultra Site Financing expenses |
Based on 50% down on $97,500 Resort Class Ultra Site |
Based on 25% down on $32,500.00 Ultra Site |
|
| 677.14 |
$8,125.68 |
$262.03 |
$3,144.36 |
|
|
Less rental income (dependent upon volume of use and rentals)
View 2008 Gross Rental Income Reports
View 2009 Gross Rental Income Reports
View 2010 Gross Rental Income Reports
|
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? |
? |
? |
? |
? |
| |
| |
Luxury Wilderness Lodge |
Fractional Ownership |
Lowest Price Alternative
Vacation Homes |
| |
Monthly |
Yearly |
Monthly |
Yearly |
Monthly |
Yearly |
| Total outlay to own when fully financed (Lodge) |
$1,138.66 |
$13,663.90 |
$431.14 |
$5,173.63 |
$2,966.02 |
$35,592.24 |
| Total outlay to own when fully financed (Ultra Site) |
$958.29 |
$11,499.46 |
$308.86 |
$3,706.36 |
|
|
| |
|
|
|
|
|
|
| Tax deductable portion (Lodge) |
$852.05 |
$10,224.62 |
$307.55 |
$3,690.63 |
$2,577.27 |
$30,927.24 |
| Tax deductable portion (Ultra Site) |
$390.37 |
$4,684.43 |
$220.93 |
$2,651.11 |
|
|
| |
|
|
|
|
|
|
| Tax savings @35% marginal federal income tax bracket (Lodge) |
$298.22 |
$3,578.62 |
$107.64 |
$1,291.72 |
$902.04 |
$10,824.53 |
| Tax savings @35% marginal federal income tax bracket (RV Ultra Site) |
$136.63 |
$1,639.55 |
$77.32 |
$927.89 |
|
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|
