081 calculations

[Steve Gordon]

Are you including 20,000 for engine overhaul?

Yes - $16,000 upfront to cover the 1,600 SMOH, and $10/hr thereafter.

 

Are you using 8.5% interest and 15% down payment?

Yes

 

Are you using 5 year term ?

Yes

 

Are you using 1020 for tie down ?

Using $1,000, but close enough.

 

Are you using 1,000 for regular maintenance ?

I have $1,500/year for annual.  Is that $1,000 in addition to the annual?
Is that yearly or monthly in your calculation?

 

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
Sent: Wednesday, April 15, 2009 10:52 PM
To: 'Eagle East Flying Club Core Team'
Subject: RE: 081 calculations

 

Are you including 20,000 for engine overhaul?

Are you using 8.5% interest and 15% down payment?

Are you using 5 year term ?

Are you using 1020 for tie down ?

Are you using 1,000 for regular maintenance ?

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Steve Gordon
Sent: Wednesday, April 15, 2009 10:39 PM
To: 'Eagle East Flying Club Core Team'
Subject: RE: 081 calculations

 

I got different numbers from the spreadsheet.  See attached (at 15 members).
The numbers I came up with (not rounded) are as follows:

 


One Time Cost:

$1,446.67


Monthly Dues:

$50.63


Rate Per Hour:

$60.30

 

-Steve

 

From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of Bob Irving
Sent: Wednesday, April 15, 2009 9:31 PM
To: 'Eagle East Flying Club Core Team'
Subject: 081 calculations

 

In very round numbers 081 would cost as follows; This assumes we plan for a
20,000 overhaul very soon. probably within the first year.

Please carefully check my numbers using the calculator and let me know if
you are interested or not interested. No sense prolonging the agony or
speculating. 

 

10 members

Initial = 2600

Monthly = 100

Hourly = 75

 

15 members

Initial = 1800

Monthly = 70

Hourly = 75

 

 

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