zakdavid
Mouseketeer
- Joined
- Nov 7, 2019
Hi everyone. I am trying to do some math to see if it is a better value to buy boardwalk resale or Riviera direct and wanted to see if ya'll could check my math and let me know if I am overlooking something obvious. Also: I already own at both but I am trying to figure it out before I do another add on. And for the purpose of this, lets ignore the resale restrictions etc..., as this assumes I hold it forever.
So Boardwalk. Right now I see a 50 point contract for 159 a point and it will get 22 years worth of points. So 159 a point / 22 years = 7.22 a point + 2020 dues at 7.36 a point = 14.58 a point in 2020.
Riviera. 50 points. at 188 a point for 50 years = 3.76 a point + 2020 dues = 12.06 a point
Now lets look at a standard studio in Adventure Season.
Boardwalk = 10 points x 14.58 a point =145.80
Riviera = 15 points x 12.06 = 180.9
So based on the above to me it seems that even though the deed is shorter the delta is not as big, but I am thinking I am missing something in the calculation since at the end Riviera would still have 28 years more with only dues to be paid. If I am missing something let me know please . I appreciate the help
So Boardwalk. Right now I see a 50 point contract for 159 a point and it will get 22 years worth of points. So 159 a point / 22 years = 7.22 a point + 2020 dues at 7.36 a point = 14.58 a point in 2020.
Riviera. 50 points. at 188 a point for 50 years = 3.76 a point + 2020 dues = 12.06 a point
Now lets look at a standard studio in Adventure Season.
Boardwalk = 10 points x 14.58 a point =145.80
Riviera = 15 points x 12.06 = 180.9
So based on the above to me it seems that even though the deed is shorter the delta is not as big, but I am thinking I am missing something in the calculation since at the end Riviera would still have 28 years more with only dues to be paid. If I am missing something let me know please . I appreciate the help
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