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12 partners - $5,500 each - $66,000 partnership fund.

 

Boat purchase                                             $40,000

(including haul and launch)

Prep for trip to Mazatlán                               $5,000

Insurance                                                        $1,000

Four months slip fee in California                $2,000

(Variable. Depends on acquisition and departure.)

First two months slip fees in Mazatlán …..     $900

Ten year import permit for Mexico …………..    $500

Partnership formation fee (David)                $5,000

(Organizing, documents prep, boat shopping,

purchase negotiation, boat outfitting for travel,

Mexican documents, etc.

Reserves, contingency.                                  $5,600

 

Car purchase:                                                 $5,000

(Purchase vehicle and $1,000 for possible repairs,

licensing, insurance, etc.)     

 

Total acquisition and set up:                        $66,000      

 

Monthly costs:

Slip fees in Mazatlán, including utilities.         $600

Insurance.                                                           $100

Maintenance                                                       $200

Reserves                                                             $300

Boat guardian (Roberto)                                    $300

Management fee (David)                                   $400

(Scheduling, bookkeeping,

trouble-shooting, etc.)

 

Monthly total                                                   $1,900

 

$1,900 per month equals $160.00 per month, per

partner.

 

 

These number may vary slightly but I expect them to

come in pretty much on target.

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