It's easy to underestimate costs associated with
boat maintenance. Frankly, I've never spent anywhere near 10%, always *over* that amount. I'm sure others are more efficient, handy, thrifty, etc, but we all joke about "boat bucks", ($1000) so I think I'm not alone in spending this much.
Unless you're a great sailor, an
engine will be useful. Our
boat got trashed by someone trying to sail onto the
dock. Idiot.
Insurance might be useful if you plan to do that.
An Ocean Lover in
Maine.