Sunshine Hotels Ltd. is contemplating a major renovation project for one of its properties. The project is expected to cost $2,000,000 and will be financed through a combination of equity and debt. The company plans to raise $1,000,000 through equity financing and secure a loan for the remaining amount at an interest rate of 6% per annum.

Prepare a comprehensive financial plan for Sunshine Hotels Ltd., including the capital structure, cost of capital, and financial leverage, to assess the feasibility of the renovation project and its impact on the company's financial position and profitability.