Airplane leaseback seem like a really good idea - your airplane becomes a business, generates income, which pays for maintenance, insurance, storage, and might even put a few bucks in your pocket. You'll hear this from flight schools, FBOs, airplane brokers and airplane manufacturers. The proposal I received for leaseback on my own plane looked very good, $72,000 income per year! The ugly truth is you leasebacks are a terrible financial decision. You're better off to park your plane in a hangar and not fly it at all. This was the proposal I received: Profit calculation for G2 SR22 in KFRG $300/hr rental rate -20% management fee $60 $240/hr income 300 hrs flown = $72,000 income per year First, there are some baseline increases due to more expensive commercial insurance and higher cost tiedown and required maintenance. These numbers are for an SR22 that was to be based out of KFRG. Annual fixed-cost increases to go to the flight school Flight sch...
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