Year Revenue (Off-Peak) Revenue (Peak) Total Revenue Operating Expenses Net Income Cumulative Net Income
1 $0 $0 $0 $2,886,000 -$2,886,000 -$2,886,000
2 $50,625 $141,750 $192,375 $107,000 $85,375 -$2,800,625
3 $101,250 $283,500 $384,750 $107,000 $277,750 -$2,522,875
4 $151,875 $425,250 $577,125 $107,000 $470,125 -$2,052,750
5 $202,500 $567,000 $769,500 $107,000 $662,500 -$1,390,250
6 $202,500 $567,000 $769,500 $107,000 $662,500 -$727,750
7 $202,500 $567,000 $769,500 $107,000 $662,500 -$65,250

Assumptions:

Extremely conservative given the uncertain times.

  1. Start-Up Expenses: Initial expenses of $2,886,000 are needed in Year 1 for land acquisition, construction, and initial setup.
  2. Operating Expenses: Annual operating expenses of $107,000 start from Year 2 and continue consistently thereafter.
  3. Revenue:
  4. Net Income: Calculated as Total Revenue minus Expenses for each year, starting from -$2,886,000 in Year 1 and growing to $662,500 per year from Year 2.
  5. Cumulative Net Income: This figure accumulates over the years, reaching a positive figure by Year 6.

Expenses

Expense Category Projected Cost ($) Actual Cost ($)
Land/Property Acquisition
Purchase price 1,500,000
Closing costs 20,000
Property inspection 1,000
Site Preparation
Land clearing 10,000
Infrastructure 50,000
Permits 5,000
Construction of Cabins
Construction costs (12 cabins) 1,200,000
Furnishing and decoration 100,000
Utilities installation 50,000
Community Center
Construction costs 200,000
Furnishing and equipment 20,000
Recreational Facilities
Construction costs 100,000
Equipment costs 20,000
Sustainable Living
Coops, gardens, fencing, etc. 30,000
Operational Costs (Annually)
Property manager's salary 50,000
Maintenance 10,000
Utilities 12,000
Insurance 5,000
Taxes 10,000
Marketing 5,000
Accounting and legal fees 5,000
Contingency Fund (10%) 283,000
Total 2,886,000