Lagoon · 2024 · Miami · Coconut Grove Sailing Club
Lagoon 50
The Lagoon 50 is built for distance. Four-cabin layout with crew quarters, full bluewater rig, generator and watermaker, capable of multi-day Bahamas runs without thinking about fuel or supplies.
Claim a share
Lagoon 50
4 of 10 shares available
3-yr math (1 share)
- Buy-in$120,000
- 3-yr carrying$84,000
- Est. share at exit (85%)−$102,000
- Net cost (3 yrs)$102,000
12-month minimum hold. Transferable to other verified members.
What this share is, in five numbers
Co-owners
1–5
Allotted annual days per share
32
Nm / share / yr
1,600
Planned exit
36 mo
Modeled depreciation
15%
The 3-year math
What you actually pay over the hold.
Buy-in plus 3 years of all-in operating cost (slip, captain, fuel, insurance, hurricane prep) minus the modeled sale at exit. Every dollar shown up front; toggle the charter scenario to see how the math shifts when you opt your unused days into the pool.
Your 3-year cost outlook
What you actually pay if you hold 1 share for 3 years
Buy-in (1 share)
$120,000 × 1
$120,000
3-yr operating cost
$28,000/yr × 3 (slip + crew + fuel + insurance + hurricane prep)
$84,000
Total cash out
$204,000
Est. share sale at exit (85% of buy-in)
Modeled at 15% depreciation over 3 yrs
− $102,000
Net cost over 3 years
≈ $1,063/day for 96 cruising days
$102,000
Or, opt into the charter pool
Pool your unused days into the RYDA charter program. Boat charter occupancy runs lower than supercar rental fleets — Miami high-season boats average ~120 booked days a year. At a 35% pool occupancy and a 35% management fee, your share earns about $26,754 /yr in charter income.
The 3-year math
Share price (your buy-in)
$120,000 × 1
3-yr operating cost
$28,000/yr × 3
Projected charter income (3 yrs)
$26,754/yr per share × 3 × 1 share
Projected sale at exit (85% of buy-in)
Modeled at 15% depreciation over 3 yrs
Net (3 yrs)
$226/day across 96 cruising days
= − $21,738-10.66%
Same 15% depreciation assumption applies whether you cruise or charter, surveyed certified pre owned hulls and shareholder mileage caps keep the resale story consistent.
Illustrative usage-economics only. Co-ownership shares are member-managed LLC interests, not securities; modeled outcomes are not guaranteed and not an investment offer.
Doctrine: RYDA holds each curated hull for 3 years, then sells it and distributes proceeds pro-rata. Modeled at 15% depreciation, actual sale price varies by model, condition, and market.
Year-by-year value
What your share is worth over time.
Linear depreciation modeled at 5.0% per year over the 3-year hold. Real depreciation curves vary, classic Rivas appreciate, big sport yachts compress faster, but the chart anchors the conversation in numbers, not vibes.
Share value over the 3-year hold
What your share is worth, year by year
New to fleet
+0 nm
1,760 nm
cumulative
$1,200,000
vessel value
$120,000
per share
Year 1
+8,100 nm
9,860 nm
cumulative
$1,140,000
vessel value
$114,000
per share
Year 2
+16,200 nm
17,960 nm
cumulative
$1,080,000
vessel value
$108,000
per share
Year 3 · LLC sells
+24,300 nm
26,060 nm
cumulative
$1,020,000
vessel value
$102,000
per share
Net share value at exit
$102,000instead of $120,000
Year 3 · resale point
~26,060 nm on the hull
Illustrative only. Actual sale price varies by model, condition, and market, classic builds (Riva, certain Pershings) can appreciate. Linear depreciation modeled at 5.0% per year for chart simplicity. Co-ownership shares are member-managed LLC interests, not securities.
Interactive calculator
Model your own scenario.
Move shares, expected cruising days, and charter occupancy. The math updates live so you can see exactly how each lever shifts your 3-year net.
Run the math on your usage
Co-own vs. chartering, your numbers.
Move the sliders. The math is honest: each curated surveyed hull is held for 3 years (the default), then sold and proceeds are returned pro-rata. The calculator subtracts your estimated share sale from your total cash to show real net cost, and compares it against chartering the same boat or owning it solo.
Boatculator · Charter income projection
$80,262/year
Projected from opting 2 shares of the Lagoon 50 into the RYDA charter pool, at 35% occupancy on 180 pooled days. Revenue split 65/35 you / RYDA.
Offsets carrying
143%
of $56,000/yr ops
$120,000 per share · $28,000/yr ops · ~32 days/share
Unlocks ~64 days/yr · buy-in $240,000
Cap: 64 (your share entitlement at 2 shares)
Default: 3-yr certified pre owned exit baseline · 12-month minimum hold
Default 85%, assumes ~15% depreciation over 3 yrs on surveyed certified pre owned hulls
Charter your unused days · Included by default
Charter income is included in this math.
Miami Caribbean charter pools average 200-240 booked days/yr.Shareholders can opt their unused entitlement into thecharter pool, RYDA handles bookings, insurance, and cleaning. Revenue splits 65/35 (you / RYDA), distributed pro-rata across shares. Opt out for thecruise-only number.
Same 15% depreciation assumption applies, our 50 nm/day allowance + surveyed-hull maintenance keep the resale story consistent whether you cruise or charter it out.
At 35% on 180 pooled days = ~63 booked days/yr
Charter income, your shares
$80,262/yr
Offsets 143% of your $56,000/yr carrying cost.
Total over 3 yrs: $240,786
RYDA, your shares
Total cash out
$408,000
$240,000 buy-in + $56,000/yr × 3
Net (3 yrs)
= + $36,786+9.02%
$240,786 charter income + $204,000 sale − $240,000 buy-in − $168,000 carrying
The 3-year math
Illustrative usage-economics only. Co-ownership shares are member-managed LLC interests, not securities; modeled outcomes are not guaranteed and not an investment offer.
The alternatives, same 36 cruising days
Regular ownership
$930,000
$1,200,000 sticker + $250,000/yr carrying × 3, less $1,020,000 residual
Chartering the same days
$352,800
$9,800/day × 36 days
Saved vs. chartering
$389,586(+110%)
-$1,022/day on RYDA vs. $9,800/day chartering.
Saved vs. regular ownership
$966,786
You give up 80% of access in exchange for 80% less capital tied up in the asset.
Default exit: RYDA sells the boat at year 3 and distributes proceeds pro-rata. Earlier exits are possible by transferring shares to another verified member after the 12-month minimum hold; transfer prices are member-to-member.
Heads up: at 19% utilization, you'd leave 52 entitled days/yr unused. RYDA still wins on cost per day actually cruise, but if your real usage is much lower than your share count unlocks, fewer shares is the more honest economic answer.
How booking works
Two booking modes, short-notice and planned.
Short-notice
1–3 days advanceUnlimited
Max 2 consecutive days
Sunday looks clear, head to Stiltsville on Saturday.
Planned
4–180 days advance4 active per share
5 peak / 10 off-peak
Memorial Day weekend in May, locked in February.
Both modes draw from your share's annual entitlement (32 days, 1,600 nm). One protected peak window per share before any co-owner can book a second.
What's included
Slip + dockage
Year-round slip at Coconut Grove Sailing Club. Dec–Mar haul-out and bottom service included in Miami.
Captain hours
RYDA-vetted captain for member trips up to your share's day allowance. Mate and (sport yachts) chef included on overnight runs.
Fuel + insurance
Generous monthly fuel budget covered. Agreed-value hull + $1M liability policy. Excess fuel billed at cost.
Hurricane prep
Bundled. Haul-out triggered by named storms in Atlantic basin crossing latitude of Cuba, no per-event charge.
Try it before you commit
Charter the Lagoon 50 for $9,800/day.
Crewed by default, captain, mate, and (sport yachts) chef. Book a weekend, decide if a share fits.
See charter details →Documents
Read the LLC packet before you wire.
Operating Agreement, Management Services Agreement, marine survey, USCG documentation, captain employment, hurricane plan, and charter opt-in agreement. Redacted samples available pre-application.
Request the packetTalk to a founder
Schedule a 30-minute call.
Walk through the Lagoon 50 cost sheet, hurricane protocol, slip rotation, and member calendar with a real human. No commitment.
Schedule a callRYDA Boats co-ownership stakes are membership interests in single-purpose member-managed LLCs, not registered securities, not offered for investment purposes. Modeled depreciation and charter income are illustrative only; actual results depend on use, market, and operator. See the Co-Ownership Disclaimer.