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Number of owners
Equity % of boat share Days usage per year per share Approx boat purchase price Other costs approx Approx upfront cost per share |
5
20% 70 days (allows 2 weeks for maintenance) $600,000 $15,000 $123,000 |
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Estimate of annual operating costs Pen fees Insurance Engine servicing Slipping and antifouling Miscellaneous maintenance Registration Rottnest Annual Fees Regular Cleaning Service Total annual operating costs Estimated operating cost per share |
$5,000 $5,000 $2,500 $3,000 $4,000 $ 200 $ 800 $25,700 $25,700 $5,140 (excludes fuel) |
| All operating costs are shared and unlike a typical fractional ownership company no profit is made from the annual operating costs. |
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