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Question - If your vacation cabin had rainwater harvesting, you could use it more often.
Your water utility charges you $25 per month for basic service and $10 in usage fees.
You plan to own the cabin for 10 more years.
The gutters, filtration system, and storage tank would cost $4,500 upfront.
Because of your roof size, the catchment system would supply all the water you need, and you could disconnect from the water utility.
Required -
1. What is the IRR (write as a percentage)?
2. Is it a good idea (Yes or No, based on IRR)?
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