BlockFjord

Cabin with view of the Fjord

Become co-owner and get stable income every day
63,575 USDT
10.98%
Calculation of profitability
1. Costs of Buying the House
House price: $59,600
Document tax (Dokumentavgift): 2.5% of the property price
• $58,600 × 2.5% = $1,465
Registration fee (Tinglysingsgebyr): approximately 5,850 NOK ≈ $510
Legal and broker fees: $2000

Total purchase costs:
• Document tax: $1,465
• Registration fee: $510
• Legal and broker services: approximately $2000 (average value)

Grand total: $58,600 + $1,465 + $510 + $2000 = $63,575
2. Income from Short-Term Rental
Earnings per night: $140
Number of rental days per year: 120

Total annual income:
• $140 × 100 days = $14,000
3. Operating Expenses
Operating expenses may include:
Utilities (electricity, water, internet): approximately $2,000 per year
Maintenance and repairs: approximately $1,000 per year
Platform fees (e.g., Airbnb): around 3% of income
• $14,000 × 3% = $420

Total operating expenses:
• $2,000 + $1,000 + $420 = $3,420
4. Tax on Rental Income
Taxable income: $14,000 - $3,420 = $10,580
Tax rate on income: 22% (base rate in Norway)
• $10,580 × 22% = $2,327.6

Net Income After Tax
• $10,580 - $2,327.6 = $8,252.4
5. Return on Investment (ROI)
Annual net income: $8,252.4
Total investment costs: $63,575

ROI calculation:
• ($8,252.4 ÷ $63,575) × 100% ≈ 12.98%
  • $63,575

    Total investment costs
  • 12.98%

    Annual net income
  • 2.0%

    Insurance deposits of the company
  • 10.98%

    Customer's net profit
Terms of Investment in this Project
1
Level
The level of your account should be Beginner or above

2
Profitability
The minimum guaranteed profitability is 9%. The profitability of the project depends on the factors that the company does not affect (weather conditions, wars, epidemic, еtc.)
3
Period
The minimum investment time depends on your account level
Investment Progress Bar

Investment Progress

0 USDT invested out of 10000 USDT