--- title: "Costa Rica Rental Property ROI Calculator · Místico, MILA" description: "Move the numbers and see illustrative scenarios for development, bare ownership and usufruct on a real Místico home in Playa Hermosa de Jacó, Costa Rica." url: https://ownmila.com/en/calculadora.html lang: en alternate_es: https://ownmila.com/calculadora.html html: https://ownmila.com/en/calculadora.html updated: 2026-09-03 source: MILA · ownmila.com --- # Move the numbers and watch your investment live. Everything recalculates instantly over the Místico reference home in Playa Hermosa de Jacó, Costa Rica. One asset, three ways to participate: development, bare ownership and usufruct. ## This is what participating in Bergamota looks like. Listed at $865,000, $500 a night and a six year cycle. For rental we show two occupancies: the model's base case, 40%, and the one retreats bring, 60%. [See Bergamota 13, the home in the example, with its 28 photos](https://ownmila.com/en/propiedad-bergamota.html). A Development Bridge loan · 8 months per home · 2 homes a year Annual development return 28.1% Per home · 8 months **14.1%** Conservative · optimistic **17.8% · 33.5%** Does not depend on occupancy: you fund lot and construction and collect at delivery. The capital comes back at month 8 and funds the next home. B Ownership · bare ownership Bare ownership · 5 years · depends on appreciation Yearly growth 17.5% Conservative · optimistic **6.9% · 21.8%** Floor with zero appreciation **6.9%** Does not depend on occupancy either: the market funds the appreciation. C Rental · usufruct Usufruct · 6 year cycle · depends on occupancy Occupancy 40% 13.2% Conservative · optimistic **9.0% · 17.4%** You recover your capital **7.6 years** With these assumptions you do not recover your capital within the 6 year cycle: raise occupancy or lengthen the cycle. Occupancy 60% · retreats 21.5% Conservative · optimistic **17.4% · 25.7%** You recover your capital **4.6 years** You recover your capital in year 5; from there the cash flow is pure gain through year 6. Illustrative scenarios · under validation Trust cost and trust administration: pending validation with the finance team. Illustrative figures; each investment is confirmed in its contract. ## Three different rights. Not the same profit three times. Each investor buys a different economic right, comes in at a different moment and is paid by a different source. [The three ways to invest with MILA](https://ownmila.com/en/#inversion). A Development ### Funds the construction When they come in **Before the first shovel. Exits at month 8, when the home is delivered.** Who pays them **B and C pay A when they come in.** Lowest risk: a bridge loan. B Ownership · bare ownership ### Buys the home at a discount When they come in **At delivery. The whole home is theirs at the end of the cycle.** Who pays them **The market pays, through appreciation. Without it, the floor is the discount they bought at.** Depends on the market. C Rental · usufruct ### Buys the right to use and rent it When they come in **At delivery, for the length of the cycle.** Who pays them **Guests pay, through the rental cash flow.** Highest risk: depends on occupancy. *Comparison of the three rights over one MILA home* | Right | What it buys | When it comes in | Who pays it | Horizon | Risk | |---|---|---|---|---|---| | A · Development | The bridge capital to build the home | Before the first shovel; exits at month 8, at delivery | B and C, when they come in | 8 months per home, 2 homes a year | The lowest: a bridge credit | | B · Bare ownership | The title to the home, at a discount | At delivery; the whole home is theirs at the end of the cycle | The market, through appreciation | 5 years | Depends on the market | | C · Usufruct | The right to use and rent the home | At delivery, for the length of the cycle | Guests, through the rent | 6 year cycle | The highest: depends on occupancy | Definitions in the [MILA glossary](https://ownmila.com/en/glossary.html). Illustrative scenarios, under validation; each investment is confirmed in its own contract. B and C also pay the premium and the fees of the structure; that is why the two together exceed the price of the whole home: they buy different options, not the home. The size of that premium is under validation. The interactive simulator lives in the HTML version of this page. Its assumptions and the worked example are available as JSON at https://ownmila.com/datos/modelo.json. ## What people ask about the numbers. **What does the MILA calculator simulate?** Three ways into one Místico home: development, bare ownership and usufruct. You move five inputs, home price, yearly appreciation, nightly rate, rental occupancy and cycle years, and every card recalculates. All figures are illustrative scenarios, under validation. **What is bare ownership?** Buying the home at a discount at delivery and keeping the whole home at the end of the cycle. The market pays through appreciation; in the model, with zero appreciation, the floor is the discount you bought at. This is an illustrative scenario, under validation. Its metric on the page is yearly growth. **What is usufruct?** The right to use and rent the home for the length of the cycle. Guests pay through the rental cash flow, so it depends on occupancy and is the highest risk of the three. The worked example shows 40% base occupancy and 60% with retreats. **What is development, and how long is the capital committed?** Development is bridge capital that funds lot and construction before the first shovel and exits at month 8, when the home is delivered. It does not depend on occupancy: B and C pay A when they come in, and the model assumes 2 homes a year. **What assumptions does the Bergamota 13 example use?** A listed price of $865,000, $500 a night and a six year cycle, with two rental occupancies: 40% as the model's base case and 60% with retreats. The base appreciation is 10% a year; Místico's actual appreciation over the last 6 years was 14% a year, per Belong data. Trust cost and trust administration are pending validation with the finance team. **What happens if one right does not sell in time?** Under the model, the development investor collects first and, if bare ownership or usufruct does not sell in time, the home sells whole. Trust cost and the size of the premium are still under validation. **Does it show rental property ROI for Costa Rica, and is it a promise?** It is not a promise: these are illustrative scenarios, under validation, and each investment is confirmed in its contract. For the reference home, the calculator shows a yearly cash yield for usufruct (13.4% at base occupancy), a per cycle return for development (13.1%) and a projected yearly growth for bare ownership (17.5%), each with its own risk and not meant to be compared with each other. Illustrative scenarios · under validation ## The home behind these numbers exists. [See the property](https://ownmila.com/en/propiedad-bergamota.html) [Write to us](mailto:daniel@belong-sabbatical.com?subject=Simulador%20MILA) --- Source: https://ownmila.com/en/calculadora.html · Markdown version generated from the published HTML · Updated: 2026-09-03 · Investment figures are illustrative scenarios, under validation. Contact: daniel@belong-sabbatical.com