Can you justify buying that airplane or bulldozer?
(Of course you can… you just need to do the math!)
If you purchased an airplane / bulldozer, leased it to a flying club / construction company(?), and depending on costs, your tax situation, rental income and everything else involved in owning an aircraft / bulldozer…
- How much will it cost to own?
- Will it make money?
- How will tax benefits offset the cost?
Same goes for any piece of expensive heavy equipment.
The bottom half shows…
- Future Sales Projection
- Net Cash-flow Projection
- Tax Effect
- Net Profit (Cost) After Tax
- After-Tax Operating Profit / Hr
- Net Present Value (NPV) of Investment
- Internal Rate of Return
- (Owner’s Incremental Cost to Operate Personally
Use this comprehensive worksheet to figure it out and test different scenarios — Expands out to 20 years.
It’s easy to understand and use.
We also make sure that the math is easy to follow!
I thought I’d give you some feedback on the Owning and Operating Cost sheet you sent me. I think it is very accurate. The O & O Cost per hour for my airplane on your sheet is $171.00. The one I did using the Caterpillar Performance Handbook formula was $176.00. Subtle differences probably account for the $5.00 difference. I’m happy that they are that close because in the real world that is close enough!
– Mike Whalen
And I’m not trying to sell you a bulldozer!
$9 (67% OFF $27!)
- Download my proven Excel-based spreadsheet
- Works with Windows or Mac
- Instant download upon purchase
- Click Here to Purchase
- If it sucks, doesn’t work or you hate it,
I’ll buy it back from you… - Do the math on that big-ticket purchase
- Get the equipment you want
Leave a Reply