PLANE RENTAL – CESSNA 172 | ||||||||||||||||||||
ILLUSTRATION | YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | YEAR 6 | ||||||||||||||
Members | @ |
$500 |
per year |
7,500 |
7,500 |
7,500 |
7,500 |
7,500 |
7,500 |
|||||||||||
Rental Hours | @ |
$125 |
per hour |
18,750 |
18,750 |
18,750 |
18,750 |
18,750 |
18,750 |
|||||||||||
REVENUE |
26,250 |
26,250 |
26,250 |
26,250 |
26,250 |
26,250 |
||||||||||||||
EXPENSES | ||||||||||||||||||||
Annual/100 Hour |
4,500 |
4,500 |
4,500 |
4,500 |
4,500 |
4,500 |
||||||||||||||
Fuel (9 Gallons per hour) |
1.62 |
/litre |
8,748 |
8,748 |
8,748 |
8,748 |
8,748 |
8,748 |
||||||||||||
Oil (1/2 litre per hour) |
10.00 |
/litre |
750 |
750 |
750 |
750 |
750 |
750 |
||||||||||||
Nav Canada/Charts |
250 |
250 |
250 |
250 |
250 |
250 |
||||||||||||||
Insurance |
3,300 |
3,300 |
3,300 |
3,300 |
3,300 |
3,300 |
||||||||||||||
Misc |
1,000 |
1,000 |
1,000 |
1,000 |
1,000 |
1,000 |
||||||||||||||
TOTAL EXPENSES |
18,548 |
18,548 |
18,548 |
18,548 |
18,548 |
18,548 |
||||||||||||||
NET |
7,702 |
7,702 |
7,702 |
7,702 |
7,702 |
7,702 |
||||||||||||||
Purchase Loan Repayment |
5,000 |
5,000 |
5,000 |
5,000 |
||||||||||||||||
Repayment of Capital Investment to NFC |
2,000 |
2,000 |
2,000 |
2,000 |
2,000 |
|||||||||||||||
Reserve Fund Investment |
702 |
702 |
702 |
702 |
5,702 |
7,702 |
||||||||||||||
TOTAL RESERVE FUND |
702 |
1,404 |
2,106 |
2,808 |
8,510 |
16,212 |