Items | Vertical Hydroponic Farming (2500 m2 land area) Useful life of item 1:20 years Loan: $60,000 | Traditional Farming (10,000 m2 land area) Useful life of item 1:2 year Loan: $10,000 |
Year 1, 1st Cropping |
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1. Initial Cost (Equipment and Accessories) | $44,151.77 | $488.44 |
1. Operational Expenditures |
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Seedling Preparation | $876.90 | $413.90 |
Variable Cost | $333.57 | $1540.56 |
Loan (fixed interest @ 24% per annum) | $4800 | $1200 |
Loan Capital Deducted | $2000 | $1000 |
2. Total Operational Expenditures | $8010.47 | $4154.46 |
3. Total Expenditures | $52162.24 | $4642.90 |
4. Projected Yield per hectare/cropping: 8 tin cans × 1.5 MT/can = 12,000 kg × $1.39/kg | $16,680 | $16,680 |
5. Projected income per cropping (Projected yield―operational expenditures) | $8669.53 | $12,037.10 |
6. Remaining Balance (considering a loan payable in 10 years with 24% interest per annum: (loaned amount―item 3) | $7837.76 | $5357.10 |
7. Total Remaining Balance: (5 + 6) | $16,607.29 | $17,394.20 |
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Year 1, 2nd Cropping |
| Loan fully paid |
1. Initial Investment | $16,607.29 | $8394.20 |
2. Total Operational Expenditures | $8010.47 | $1954.46 |
3. Projected Yield per hectare/cropping: 8 tin cans × 1.5 MT/can = 12,000 kg × $1.39/kg | $16,680 | $16,680 |
4. Projected income per cropping (Projected yield―operational expenditures) | $8669.53 | $14,725.54 |
5. Remaining Balance: (1 + 4) | $25,276.82 | $23,119.74 |
Year 1, 3rd Cropping |
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1. Initial Investment | $25,276.82 |
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2. Total Operational Expenditures | $8010.47 |
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3. Projected Yield per hectare/cropping: 8 tin cans × 1.5 MT/can = 12,000 kg × $1.39/kg | $16,680 |
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4. Projected income per cropping (Projected yield―operational expenditures) | $8669.53 |
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5. Remaining Balance: (1 + 4) | $33,946.35 |
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