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Aditya Arora
ย โขย
Faad Networkย โขย 7m
How can renting an Airbnb give you Rs 7 lakhs with 0 Effort? Letโs break it down: ๐ i) 1BHK rental cost in Goa โ โน25,000 ii) Furnishing, decor & appliances โ โน2.4 lakhs (one-time setup) iii) Maintenance, cleaning & listing fees โ โน30,000 (annual) iv)Total investment to set up Airbnb โ โน3 lakhs ๐ฐ Now, let us look at the earnings: ๐ i) Average Airbnb price per night โ โน3,500 ii) Occupancy rate โ 60% (18 nights/month) iii) Monthly revenue = โน3,500 x 18 = โน63,000 Now, letโs deduct expenses: ๐ i) Rent โ โน30,000 ii) Utilities & cleaning โ โน8,000 iii) Airbnb fees โ โน5,000 iv)Total expenses - โน43,000 ๐ต v) Net profit per month = iii) - iv) - โน63,000 - โน43,000 = โน20,000 vi) Annual profit from 1 Airbnb = โน2.4 lakhs ๐ฐ What if you reinvest these profits into 2-3 more units? You make a profit of โน7.2 lakhs. โก๏ธThe 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! ๐
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