5 waypoints to paradise
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Plan your course
Australia to Asia SEAbbatical
- SEAbbatical Type:Coastal
- Name:Australia to Asia
- Distance:9,000 kms / 4,859 Nautical Miles
- Timeframe:6-9 months
- Experience Level:Intermediate
2WAYPOINT
Purchase for purpose
Australia to Asia SEAbbatical
- Details:"The new Seawind 1260 is purpose built to cruise tropical locations and tested for blue water passages. With the best natural ventilation, powerful rig, efficient assymetric flared hulls and dual helms with full protection from the elements, the Seawind 1260 will take you to Asia and back in comfort"
3WAYPOINT
Profit from your boat
Australia to Asia SEAbbatical By placing your boat into a managed charter fleet, you not only get a financial return from other people paying to use your boat, but you also have a team of professional people to manage your boat and help train you up, enjoy cruising in beautiful locations, and gain the necessary experience onboard your own boat to help make you confident and your family comfortable to take the next step.
- Charter Model:Dual Port (Sydney & Whitsundays)
- Exc GST
- Purchase Price:$691,996
- Percentage to Finance:70%
- Deposit Required:$207,599
- Gross Revenue:$174,109
- Estimated Holding Costs (p.a.) :$105,970
- Estimated Actual Use Costs (p.a.) :$13,920
- Net Return (p.a.) - before Interest :$54,219
- Estimated Return % on GST excl price:8%
- Less Yearly Finance Repayments:$84,285
- Annual Surplus or (shortfall) years 1-5:-$30,066.11
- Annual Surplus or (shortfall) years 6-10:$1,584
4WAYPOINT
Prepare for the journey
SEAbbatical Seminars
- SEAbbatical Seminar Brisbane:Click here for more information
- SEAbbatical Seminar Sydney:Click here for more information
5WAYPOINT
Prosper and sell
- Scenario where boat sold at end of year 5:
- Hobby Enterprise Model :Charter Boat
Small Business Taxpayer - Sale Proceeds 73% of original purchase price:$505,157.08
- Written Down Value:$551,688.24
- Depreciation Clawback:-$46,531.16
- Tax Rate used:0.40
- Tax Payable (or nil if in credit):-$18,612.47
- Carried Forward After Tax (Cost) or Surplus:-$150,330.56
- Carried Forward Running Costs over term:-
- Carried Forward (Costs) or Surplus Total:-$150,330.56
- Summary:
- Plus Carried Forward Costs (Surplus) Total:$150,330.56
- Plus Balloon payment:$193,758.88
- Plus Initial Deposit (if applicable):$207,598.80
- Less Sale Proceeds:$505,157.08
- Total after Tax cost (surplus) of boat over term:$46,531.16