Well-maintained apartment in the Solsiden

House price: $48,300
• Document tax (Dokumentavgift): 2.5% of the property price
• $48,300 × 2.5% = $1207.5
• Registration fee (Tinglysingsgebyr): approximately 5,850 NOK ≈ $508.7
• Legal and broker fees: $1000

Total purchase costs:
• Document tax: $1207.5
• Registration fee: $508.7
• Legal and broker services: approximately $1000 (average value)

Grand total: $48,300 + $1,207.5 + $508.7 + $1000 = $51,016.2

• Earnings per night: $100
• Number of rental days per year: ≈ 125

Total annual income:
• $100 × 125 days = $12,500

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
• $12,500 × 3% = $375

Total operating expenses:
• $2,000 + $1,000 + $375 = $3,375

• Taxable income: $12,500 - $3,375 = $9,125
• Tax rate on income: 22% (base rate in Norway)
• $9,125 × 22% = $2,007.5

Net Income After Tax
• $9,125 - $2,007.5 = $7,117.5

• Annual net income: $7,117.5
• Total investment costs: $51,016.2

ROI calculation:
• ($7,117.5 ÷ $51,016.2) × 100% ≈ 13.9%