# Backrooms Loop

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 3672540
- Developer: N.C Bana
- Released: 2025 · Genre: Indie · List price: $4.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $167 to $251 per month (mid $209)
- Opportunity score: $314/month at x1.50 dormancy multiplier
- Est. lifetime owners: 4.0k · Est. lifetime net revenue: $6.7k
- Review sentiment: 92% positive across 144 reviews (125 from Steam purchases)
- Review velocity: 5.0 reviews/month (6-month average)

## Why it's flagged

- Developer active, last post 5 months ago
- Last build shipped 7 months ago
- No Steam discount in 4.0 years (deepest tracked: -0%)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $380 |
| After VAT / sales tax (-13% blended) | $330 |
| After refunds (-9.5% median) | $299 |
| Net to developer (after Steam 30%) | $209 |

## Monthly review counts, oldest to newest (14 months)

41, 9, 11, 10, 2, 7, 7, 3, 8, 6, 6, 3, 5, 2

## Missed seasonal-sale revenue (modeled)

Skipped 8 Steam seasonal sale window(s) in the last 14 months. Running a -50% discount in those windows is modeled at +$1.7k net in total, assuming a unit uplift of x3.0 (industry-typical for old catalog titles). Same ±30-50% error range applies.

## Estimated acquisition range

$5.0k to $10.0k (2-4x the trailing net annuity of $2.5k/year). Same error range applies.

## Markets by review language

- english: 25%
- koreana: 24%
- russian: 21%
- spanish: 1% (game NOT localized in this language)
- japanese: 3%
- schinese: 21%
- brazilian: 1% (game NOT localized in this language)
- german: 4% (game NOT localized in this language)

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/3672540
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.