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Table 4 project efficiency metrics

From: Tourism potential of the confluence between river Niger and river Benue in Nigeria: implication for project finance

Total Cost: N673,867,935.00
YEAR Gross Income Total Expenses NOI Discount factor: 10% pa Present Value Cumulative PV
1 29,715,300 5,461,566 24,253,734 0.909 22,046,644.2 22,046,644.2
2 33,103,200 5,837,610 27,265,590 0.826 22,521,377.3 44,568,021.5
3 36,529,791 6,219,586 30,310,205 0.751 22,762,964 67,330,985.5
4 36,529,791 6,313,022 30,216,769 0.683 20,638,053.2 87,969,038.7
5 37,260,386 6,471,360 30,789,026 0.621 19,119,985.1 107,089,023.8
6 37,880,746 6,623,217 31,257,529 0.564 17,629,216.4 124,718,240.2
7 38,638,360 6,789,714 31,848,646 0.513 16,338,355.4 141,056,595.6
8 38,638,360 6,894,876 31,743,484 0.467 14,824,207 155,880,802.6
9 39,411,126 7,068,880 32,342,246 0.386 12,484,107 168,364,909.6
10 39,411,126 7,180,448 32,230,678 0.35 11,280,737.3 179,645,646.9
  367,118,186 64,860,279 302,257,907   179,645,646.90