(7) PAYBACK

• As an investor, your US $68,000 (Php 3.3M) investment has a 45-day FREE stay (with an option to sell or use) and a 320-day for enrollment in condotel operations.
• Let us compute the projected income based on the assumption of a US $100 room rate / day and at different occupancy rates:
  

320 days @ 80% occupancy 256 days X US $100 / day US $25,200	320 days @ 70% occupancy 224 days X US $100 / day US $22,400	320 days @ 60% occupancy 192 days X US $100 / day US $19,200
*Deduct approx. 50% as management fees, taxes, incentive bonus
Projected Annual Net Income:
US $12,800 (Php 620,800)	US $11,200 (Php 543,200)	US $9,600 (Php 465,600)

• At a very conservative assumption of 60% occupancy / year and US $100 / day still gives you a projected income of US $9,600 / year (Php 465,600)
• Compared to bank deposit with maximum of 5% interest, you US $68,000 (Php 3.3M) earns you only US $3,400 (Php 165,000 / year)

Bank Deposit With an estimated annual interest of 5% gives you US $3,400 (Php 165,000)

VS

Condotel Enrollment with an assumption of 60% occupancy and room rate of US $100 / day US $9,600 (Php 465,600)

• Condotel enrollees earn US $6,200 (Php 300,700) MORE than the standard Bank Deposit.