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Aditya Arora

ย โ€ขย 

Faad Networkย โ€ขย 7m

How can renting an Airbnb give you Rs 7 lakhs with 0 Effort? Letโ€™s break it down: ๐Ÿ‘‡ i) 1BHK rental cost in Goa โ€“ โ‚น25,000 ii) Furnishing, decor & appliances โ€“ โ‚น2.4 lakhs (one-time setup) iii) Maintenance, cleaning & listing fees โ€“ โ‚น30,000 (annual) iv)Total investment to set up Airbnb โ€“ โ‚น3 lakhs ๐Ÿ’ฐ Now, let us look at the earnings: ๐Ÿ‘‡ i) Average Airbnb price per night โ€“ โ‚น3,500 ii) Occupancy rate โ€“ 60% (18 nights/month) iii) Monthly revenue = โ‚น3,500 x 18 = โ‚น63,000 Now, letโ€™s deduct expenses: ๐Ÿ‘‡ i) Rent โ€“ โ‚น30,000 ii) Utilities & cleaning โ€“ โ‚น8,000 iii) Airbnb fees โ€“ โ‚น5,000 iv)Total expenses - โ‚น43,000 ๐Ÿ’ต v) Net profit per month = iii) - iv) - โ‚น63,000 - โ‚น43,000 = โ‚น20,000 vi) Annual profit from 1 Airbnb = โ‚น2.4 lakhs ๐Ÿ’ฐ What if you reinvest these profits into 2-3 more units? You make a profit of โ‚น7.2 lakhs. โžก๏ธThe best part is that you could outsource this to any third-party agency to manage, and if you already own a spare home or room, you can even save up on rentals. You never get rich with an active income. You get it by having a passive! ๐Ÿ™Œ

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