We meet today, we will take it for a pre buy check, and to have the avionics looked at (PPT might need fixed).
Engine has 4600 hours, and 1000 since overhaul.
What I'm wondering now is - what are the chances of me being able to sell my share in 3 years from now (in case the co-owners wont want to buy it from me).
I don't think I'll need or be able to offered it - if I get to be a CFI Here are my numbers so far, tell me what you think.
First year:
Plane 10500
Insurance 500
Ramp 260
Annual 433.3333333
Fuel 8100 (150 Hours)
Oil 250
Small fixes 166.6666667
Total First Year 20043.33333
Second year :
Insurance 500
Ramp 260
Annual 433.3333333
Fuel 8100 (150 Hours)
Oil 250
Small fixes 166.6666667
Total Second Year 9543.333333
Third year:
Insurance 500
Ramp 260
Annual 433
Fuel 6000 (100 hours)
Oil 200
Small fixes 166.6666667
Total 3rd year - 9380
No flying year:
Insurance 500
Ramp 260
Annual 433.333333 (cylinder)
Fuel 0 (0 hours)
Oil 200
Small fixes 166.6666667
Total 1400 for just paying my dues and no flying
What do you say?
Is this realistic?