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
Level
The level of your account should be Beginner or above

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.)
Period
The minimum investment time depends on your account level
Investment Progress Bar

Investment Progress

0 USDT invested out of 10000 USDT