Sabemos que invertir en propiedades resulta muy atractivo para los inversores. Sin embargo, se debe tener mucha atención al cap rate inmobiliario; es decir, al flujo de dinero que se va a recibir por el concepto de arriendo de la propiedad.
El Cap Rate o tasa de capitalización se muestra como un porcentaje del flujo de efectivo mensual que te dejará una propiedad en relación con su precio de venta.
Es decir, si una propiedad tiene un precio de $1,000,000 de pesos y sabes que la puedes rentar en aproximadamente $7,000 pesos al mes, es decir, un ingreso de $84,000 pesos al año, su Cap Rate es de 8.4%, calculado de manera simple.
Sin embargo, para obtener el Cap Rate real hay que tomar en cuenta el NOI Net Operating Income ó Ingreso Operativo Neto, que es la suma de todos los ingresos que genera el inmueble, menos todos los gastos de operación y mantenimiento del mismo.
Los ingresos operativos en inmuebles de oficinas, comercios o industria toman en cuenta otras fuentes de ingreso, como renta de espacios de estacionamiento, bodegas, salas de juntas, business center, por poner algunos ejemplos.
Estos ingresos se suman al ingreso que genera el área neta rentable.
En el caso de una vivienda, no hay otras líneas de ingreso, por lo que solamente se toma en cuenta la renta mensual pactada.
Siguiendo el ejemplo anterior, si la renta es de $7,000 pesos, no se tiene otra línea de ingreso y se tiene un gasto de mantenimiento mensual de $300 pesos. El verdadero NOI es $6,700 pesos, o lo equivalente a un ingreso de $80,400 pesos al año.
Entonces el CAP Rate es de
($80,400/$1,000,000)100= 8.04%
ELEMENTOS QUE SE TOMAN EN CUENTA COMO
GASTOS OPERATIVOS SON:
No todos los elementos de gasto operativo aplican a todos los inmuebles. Cada uno depende del acuerdo hecho en el contrato.
El Cap Rate que calculamos en este ejemplo es basado en que la propiedad está estabilizada, es decir, está ocupada o rentada arriba del 80% de su capacidad.
Para una vivienda básicamente la estabilización es de 0% o 100%. Es decir, o está rentada o está vacía, pero para una propiedad industrial, comercio u oficinas su porcentaje estabilizado es de al menos 80% de su área neta rentable.
Con este dato del Cap Rate es sencillo poder saber el monto de flujo mensual que te generará una propiedad, en relación a su precio de venta.
CONSIDERACIONES PARA LA INVERSIÓN
Un consejo útil es que la inversión debe ir directamente de la mano con el sector en donde se desee invertir. De este modo, mientras la zona esté más consolidada, en general, menor será su rentabilidad, pues su prima por riesgo o compensación por el riesgo asumido será menor que la de un sector no consolidado y con mayores posibilidades de expansión.
Otra consideración es que, si la propiedad tiene una buena administración en el tiempo, ésta se encargará de ir haciendo crecer los flujos de ingresos y acotando los costos, con lo cual el NOI irá creciendo en el tiempo y con ello hará crecer el Cap Rate.
En conclusión, si se desea invertir en propiedades, es necesario evaluar los flujos que ésta va a dejar en el mediano y largo plazo. Por ello, saber calcular el Cap Rate, en el mundo de la renta residencial es muy importante.
Recuerda que en IDEX Inmobiliaria contamos con increíbles opciones de departamentos en preventa, así como algunos de entrega inmediata.
¡NO PIERDAS LA OPORTUNIDAD DE INVERTIR!
CONOCE NUESTROS DIFERENTES DESARROLLOS
En IDEX Inmobiliaria ayudamos a las personas que quieren tener patrimonio inmobiliario, con departamentos en las mejores ubicaciones, para que logren la calidad de vida que anhelan.
Corporativo:
Thanks in favor of sharing such a pleasant opinion, article is good, thats why i have read it fully
Very good information. Lucky me I came across your website by accident (stumbleupon).
I’ve bookmarked it for later!
Hi friends, its impressive paragraph about educationand completely explained,
keep it up all the time.
Unquestionably believe that which you said. Your favourite justification appeared to
be at the net the easiest thing to take note of.
I say to you, I certainly get annoyed at the same time as
folks think about concerns that they just do not understand
about. You managed to hit the nail upon the top as neatly as defined out the whole
thing with no need side effect , folks could take a signal.
Will probably be back to get more. Thank you
I’m now not sure where you are getting your information, but great topic.
I must spend a while studying more or understanding more.
Thank you for fantastic information I was looking for
this information for my mission.
Right away I am going to do my breakfast, later than having my breakfast coming again to read more news.
It’s in fact very difficult in this full of activity life
to listen news on TV, thus I simply use the web for that reason, and get the newest news.
whoah this weblog is fantastic i love reading your
articles. Stay up the good work! You already know, lots of persons
are searching around for this info, you can aid them greatly.
We are a group of volunteers and starting a new scheme in our community.
Your website offered us with valuable info to work on. You’ve done a formidable job
and our entire community will be grateful to
you.
I am in fact happy to glance at this blog posts which consists of tons of valuable information, thanks for providing
these data.
Very quickly this web page will be famous among all blog users, due to it’s nice articles
or reviews
Very good info. Lucky me I ran across your site by chance (stumbleupon).
I’ve saved as a favorite for later!
Great post. I was checking constantly this blog and I am impressed!
Extremely useful information specially the last part 🙂 I care for
such info a lot. I was looking for this particular information for a
long time. Thank you and best of luck.
Hey there just wanted to give you a quick heads up and let you know a few of the pictures aren’t loading correctly.
I’m not sure why but I think its a linking
issue. I’ve tried it in two different browsers
and both show the same outcome.
Hey there! I understand this is somewhat off-topic however I had to ask.
Does managing a well-established website such as yours require a massive amount work?
I am brand new to blogging however I do write in my journal on a daily basis.
I’d like to start a blog so I will be able to share my own experience and thoughts online.
Please let me know if you have any suggestions or
tips for brand new aspiring bloggers. Thankyou!
Considering a togel player? See the news within the site key to get the virtually all advanced information. A major of correct estimations
and how to implement.
Howdy! This post couldn’t be written any better! Reading through this post reminds
me of my good old room mate! He always kept chatting about this.
I will forward this post to him. Pretty sure he will have a
good read. Thanks for sharing!
According to Mega Millions, every payment is five percent bigger
than the earlier one.
My web blog http://Herminescarborough.Wikidot.com
I constantly spent my half an hour to read this blog’s content every day along
with a mug of coffee.
Excellent post. I was checking continuously this blog and I am impressed!
Very helpful info particularly the last section 🙂 I take care of such information a lot.
I was looking for this particular info for a long time. Thank you and good
luck.
I was recommended this web site by my cousin. I’m not sure whether this post is written by him as no one else know such detailed about my
problem. You’re amazing! Thanks!
What’s up to all, how is the whole thing, I think every one is
getting more from this web page, and your views are nice designed for new visitors.
bookmarked!!, I really like your blog!
I do believe all of the concepts you’ve introduced in your post.
They are really convincing and will definitely work. Still,
the posts are very short for beginners. May you please extend them a bit from subsequent time?
Thank you for the post.
This is really interesting, You’re a very skilled blogger.
I have joined your feed and look forward to seeking more of
your fantastic post. Also, I’ve shared your web site in my social networks!
Each ticket has odds of 1 in 24.9 of winning a prize, according to the Powerball site.
This paragraph will assist the internet users for creating new web site or even a blog from start to end.
naturally like your web-site however you have to check the spelling on quite a few of your posts.
A number of them are rife with spelling issues and I in finding it very bothersome to tell the truth then again I will surely come again again.
When I initially commented I clicked the «Notify me when new comments are added» checkbox and
now each time a comment is added I get three emails
with the same comment. Is there any way you can remove me from that service?
Cheers!
Thanks for any other magnificent article.
Where else could anyone get that kind of information in such a perfect manner of writing?
I have a presentation next week, and I’m at the search for such information.
I enjoy what you guys are usually up too. This type of clever
work and coverage! Keep up the great works guys I’ve incorporated you guys to
blogroll.
Excellent post. I used to be checking continuously this weblog and I’m impressed!
Extremely helpful info specially the final section :
) I deal with such information a lot. I was seeking this certain info for a very long time.
Thanks and good luck.
I pay a visit day-to-day some blogs and information sites to read posts, however
this blog provides feature based posts.
An impressive share! I have just forwarded this onto a coworker who has been conducting a little research on this.
And he actually bought me lunch simply because I discovered
it for him… lol. So let me reword this…. Thank YOU for the meal!!
But yeah, thanx for spending the time to discuss this
subject here on your web site.
I am sure this paragraph has touched all the internet viewers, its really really fastidious piece of writing on building up new
webpage.
I used to be able to find good information from
your content.
Will you be a togel online player? Check out news inside the site to begin with to get the most recent
information. You will find correct quotes and how to like.
I’m now not sure where you’re getting your info, however great topic.
I must spend some time finding out much more or understanding more.
Thank you for great information I was looking for this info for my
mission.
Hello! This post couldn’t be written any better! Reading
through this post reminds me of my previous room
mate! He always kept chatting about this. I will forward
this article to him. Fairly certain he will have a good read.
Thank you for sharing!
I have read so many posts on the topic of the blogger lovers except this article
is genuinely a good paragraph, keep it up.
Pretty section of content. I simply stumbled upon your blog and in accession capital to assert
that I get actually enjoyed account your weblog posts. Anyway I will be subscribing in your feeds
or even I success you get admission to constantly fast.
I was recommended this web site by means of my cousin. I’m not certain whether or not this put up is written by
him as no one else understand such exact about my trouble. You are wonderful!
Thank you!
I simply could not go away your web site before suggesting that I extremely enjoyed
the standard info an individual supply in your guests?
Is going to be again steadily in order to check out new posts
Do you have any video of that? I’d like to find out more details.
Link exchange is nothing else except it is simply
placing the other person’s website link on your page
at proper place and other person will also do same in favor of you.
Have you ever considered about including a little bit more than just your articles?
I mean, what you say is valuable and all. But think about if you added some great
visuals or videos to give your posts more, «pop»!
Your content is excellent but with images and videos, this
website could undeniably be one of the best in its niche. Good blog!
Hey There. I found your blog using msn. This is a really well written article.
I will be sure to bookmark it and return to read more of your useful information. Thanks for the post.
I’ll definitely return.
I just like the helpful information you supply for your articles.
I’ll bookmark your weblog and check again here frequently.
I am rather sure I’ll be informed lots of new stuff right
here! Best of luck for the next!
I think the admin of this site is in fact working hard in support of his web site, because here every information is quality based material.
I was recommended this website by my cousin. I’m not sure whether
this post is written by him as nobody else know such detailed about my trouble.
You are incredible! Thanks!