Monday, 13 February 2017

Podwell : Doing-the-Math

To convert say a london property with average 1,200 sqr meter space costing £500,000 with mortgage monthly repayments of £2.617 (3.92 int) for 25 years.

Size of Podbay capsule = 2x1x1.25 m = 2.5 sqr meter

Upper floor is given to Podbays so thats 1,200 /2 =600 / 2.5 = 240 podbay - 40 podbay for access

Lower floor 1/3 of which has food vendors + eating area 1/3 showers men and women and toilets leaves 1/3 of 600 for access and podbay = 200 / 2.5 =  80 podbay

~= 280-300 podbays for an average London Terraced house worth 300,000

At a rent of £2 per night and an average use of 85%

85/100 * 300 * 2 * 7days in week * 4 weeks in month = £14,280

Utilitys = heating central 50 per week
           water           35-50 per week
           electric        50
           internet        25 (High speed broad band multi-user)
       staff           300*4 per week
       mortgage        2,617 per month = 654.25 per week

Gtotal Running costs = £2029.25 per week *4 = £8,117 per month

Leaves profit of £14,280 - £8,117 = £6163 per month with 85% usage




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