>> Yacht : Costs
 

10% ownership of The Viking Yacht is:                        $  33,900.00

Monthly costs are estimated @ $ 435.00

 

10% ownership of The Hatteras Yacht is:                    $  44,800.00

Monthly Costs are estimated @  $ 535.00

    Costs Include:

    Fixed Cost Slip Fees. Fixed Cost Full Coverage Insurance Premium. Fixed Cost Full Time Captain. Projected Repairs and Improvement Reserve. Projected Routine Maintenance Costs. Fixed Cost Administration & Management Fee. Fixed Cost Annual CPA Accounting

All payments are made directly into the LLC operating bank account with each owner having full access to viewing the account.

In the event a major repair is required, each 10 % owner shall only contribute their 10 % share. In the event an owner through his own negligence damages the yacht, the costs of such negligence shall be born by the responsible owner.

 

A new 45' Viking yacht costs about $ 900,000.   A new Hatteras is about $ 2 Million depending on how they are equipped, engines, electronics, etc.

 

 

 

A 10% deposit is required and will be held in a trust account until the closing of the purchase.

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