Nautitech Open 40


Quick Summary


+ BUY THIS YACHT WITH A DOWNPAYMENT OF ONLY: $119,484.
+ LOCK-IN FIRST YEAR 1040 TAX BENEFITS AS MUCH AS: $186,395.
+ ESTIMATED TOTAL 5 YEAR SAVINGS VERSUS SIMPLE PRIVATE OWNERSHIP: $437,008.
+ OFFSET ALL OWNERSHIP AND FINANCING COSTS AND EARN A PROFIT
+ PAY ZERO$ SALES TAX
+ ENJOY UNLIMITED USAGE
+ BASE YOUR YACHT IN FLORIDA, BAHAMAS, OR CARIBBEAN
+ KEEP YOUR YACHT IN THIS PROGRAM INDEFINITELY

Key Details


COST:    
MSRP commissioned in FL   $475,946
     
     
PRICE less taxes + fees   $475,946
FL Sales Tax 6% zero$
Closing & Doc Fees   $1,990
GRAND TOTAL    $477,936
                                
FINANCING:    
-Loan Interest rate: 4.50%  
-Loan Term (years): 15  
-Down Payment of: 25% $119,484
     
5 year SAVINGS VERSUS SIMPLE PRIVATE OWNERSHIP:
basis: avg weeks of charter/yr    19.3
basis: revenue/week charter   $5,949
basis: owner use avg weeks/yr    4.0
basis: share of revenue to owner   60.0%
Projected 5 year net operating profit after tax   $213,560
Projected potential additional tax savings on 1040   $103,107
Projected interest cost savings   $70,368
Projected Dockage+Insurance+Maintenance savings   $155,662
Projected misc. costs savings   $2,655
Projected Sales tax savings   $18,000
adjustment for owner bookings   -$126,343
Projected total 5yr benefit over private   $437,008
All numbers are FYG projections--Buyer should use their own projections
Charter-Ready Nautitech Open 40 Layout Download the Brochure

Speak with a Broker


Palm Beach
561-844-1100
Miami
800-537-0050
St. Petersburg
727-553-9551
Key West
800-537-0050
Bahamas
800-537-0050