Heres the plan. Ive got 130hr right now, and I need a CPL with a multi addon, as well as my instrument rating. My plan is to do the CPL Single, then right afterwards, do the CPL/multi checkride. Ive put this together by looking at the requirements of part 61.
I realize that it's unrealistic to budget for the absolute minimum time for training, but I'd like to get a feel for the minimum cost involved.
Also, I'm required to do instrument work (10hr) for the commercial. Can my initial IFR training cover that 10hrs and save me some money?
Would somebody be kind enough to look at these numbers for me, and let me know if Im missing anything?
C172: $92/hr Twin : $192/hr Instructor: $48/hr
Ive got 130hrs, with 50hr PIC cross country. Heres what I figure Ill have to do:
1.)Training (all dual time)
a.) Instrument rating:
Dual (15)
......
$2100
250nm xcountry (5h)
..$700
b.) CPL:
Instrument (10)
.
$1400
Maneuvers (5)
...
..$700
Complex* (10)
.
...
.$2400
*Complex time will be done in a complex twin
Day x-country (2)
..$280
Night x-country (2)
$280
CPL Test prep (3)
...
$276
2.) Solo time
300nm x-country (5)
..$460
Night flying (5)
...
..$460
Practice maneuvers (5)
...$460
Total for CPL/multi requirements = 67hr
$9516
Current time = 130hr
Time left over = 250-(130+67) = 53hr
Ill split the 53 hrs with somebody to save some cash.
At $92/hr
.$2438
Total cost to CPL with multi addon = $11954
If I figure in books and examiners, Ill say I need $15000
Here's a link to the FAA
§ 61.129 Aeronautical experience.
http://ecfr.gpoaccess.gov/cgi/t/text....0.1.1.2.6.1.5
Thanks in advance for any help I get!