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:
It’s the best time to make a few plans for the future and it is time to be
happy. I have learn this put up and if I could I want to counsel you
few attention-grabbing things or advice. Perhaps you can write
next articles regarding this article. I want to learn more things about
it!
Touche. Solid arguments. Keep up the good effort.
Hello! I know this is somewhat off topic but I was wondering if you knew where I could get a captcha plugin for my comment form?
I’m using the same blog platform as yours and I’m having
problems finding one? Thanks a lot!
Hello there! This is my first comment here so I just wanted to give a quick
shout out and say I really enjoy reading your blog
posts. Can you recommend any other blogs/websites/forums that deal with the same topics?
Thanks for your time!
Today, while I was at work, my sister stole
my iPad and tested to see if it can survive a
40 foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views.
I know this is entirely off topic but I had to share
it with someone!
Greetings! Very useful advice within this post!
It’s the little changes that will make the most significant changes.
Thanks for sharing!
Thank you for the auspicious writeup. It in fact was a amusement account
it. Look advanced to far added agreeable from you!
By the way, how could we communicate?
Hello, i think that i saw you visited my website thus i came to “return the
favor”.I’m attempting to find things to improve my
web site!I suppose its ok to use some of your ideas!!
Magnificent website. Plenty of helpful information here.
I’m sending it to a few buddies ans also sharing in delicious.
And obviously, thanks for your effort!
Having read this I believed it was really enlightening.
I appreciate you spending some time and energy to put this article together.
I once again find myself personally spending a lot
of time both reading and leaving comments. But so what, it was
still worth it!
Asking questions are in fact nice thing if you are not understanding anything
totally, except this article provides good understanding yet.
Paragraph writing is also a fun, if you know after that you
can write if not it is complex to write.
Every weekend i used to pay a visit this website, because i want
enjoyment, as this this web site conations really pleasant funny information too.
I am regular visitor, how are you everybody?
This paragraph posted at this web site is actually nice.
It is appropriate time to make some plans for the future and it’s time to
be happy. I’ve read this post and if I could I want to suggest you some interesting things
or suggestions. Maybe you could write next articles referring to this
article. I want to read more things about it!
Heya i’m for the first time here. I came across this board and I find It really useful & it helped me out much.
I hope to give something back and help others like you helped me.
Do you have a spam problem on this website; I also am a
blogger, and I was curious about your situation; we have developed some nice practices and we
are looking to trade solutions with others, why not shoot me an e-mail if interested.
Fastidious answer back in return of this matter with real arguments and describing the whole thing regarding that.
I am curious to find out what blog platform you have been utilizing?
I’m experiencing some minor security problems with my latest website and I would like to find something more
secure. Do you have any suggestions?
I used to be recommended this blog by my cousin. I’m no longer certain whether this
submit is written through him as no one else recognise such specified approximately my problem.
You are incredible! Thanks!
Hello There. I found your blog using msn. This is an extremely well
written article. I’ll make sure to bookmark it and come back to read more of your useful info.
Thanks for the post. I’ll certainly comeback.
I don’t know if it’s just me or if perhaps everybody else experiencing issues with your website.
It seems like some of the text in your content are running off
the screen. Can someone else please provide feedback and let me know if this
is happening to them as well? This could be a issue with my browser because I’ve had
this happen before. Appreciate it
Hi there! Do you know if they make any plugins to protect against hackers?
I’m kinda paranoid about losing everything I’ve worked hard on. Any suggestions?
Asking questions are in fact good thing if you are
not understanding anything entirely, except this
article offers good understanding even.
Ahaa, its fastidious discussion on the topic of this paragraph at this place at
this blog, I have read all that, so at this time me also
commenting here.
Today, I went to the beach with my kids. I found a sea shell and gave it to
my 4 year old daughter and said «You can hear the ocean if you put this to your ear.» She put the shell to her
ear and screamed. There was a hermit crab inside and it pinched her
ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!
I’m extremely impressed along with your writing talents and also with the format on your weblog.
Is that this a paid subject or did you customize it your self?
Either way keep up the nice high quality writing, it’s rare to look a great weblog
like this one today..
Awesome things here. I am very satisfied to look your post.
Thank you a lot and I am looking forward to contact you.
Will you kindly drop me a e-mail?
I’d like to thank you for the efforts you
have put in penning this blog. I really hope to see the same
high-grade blog posts by you later on as well.
In truth, your creative writing abilities has encouraged
me to get my own, personal blog now 😉
Hello! I just wish to give you a big thumbs up for your great information you have here
on this post. I’ll be returning to your blog for more soon.
Interesting blog! Is your theme custom made or did you download it from somewhere?
A theme like yours with a few simple adjustements would really make my blog jump out.
Please let me know where you got your design. Thanks a lot
Right now it looks like Expression Engine is the top blogging platform available right
now. (from what I’ve read) Is that what you are using on your blog?
Greetings! Very useful advice within this article!
It’s the little changes that produce the greatest changes.
Thanks a lot for sharing!
Hmm is anyone else encountering problems with the images
on this blog loading? I’m trying to determine if its a
problem on my end or if it’s the blog. Any feedback would be greatly appreciated.
At this moment I am going to do my breakfast, afterward having my breakfast coming again to read
additional news.
You really make it seem so easy with your presentation but I find this topic to be actually something that I think I would never understand.
It seems too complicated and extremely broad for
me. I am looking forward for your next post, I will try to get
the hang of it!
I am actually pleased to read this webpage posts which carries tons of useful facts, thanks
for providing such statistics.
This post is worth everyone’s attention. When can I find out more?
Great article, totally what I wanted to find.
No matter if some one searches for his essential thing, so he/she desires to be available that in detail, therefore that thing is maintained over here.
Hello there, You have done an excellent job. I’ll
certainly digg it and personally recommend to my friends.
I’m sure they’ll be benefited from this site.
Good answers in return of this issue with solid arguments and telling all on the topic of that.
Hi there, i read your blog from time to time and
i own a similar one and i was just wondering if
you get a lot of spam responses? If so how do
you protect against it, any plugin or anything you can suggest?
I get so much lately it’s driving me mad
so any assistance is very much appreciated.
When I originally commented I clicked the «Notify me when new comments are added» checkbox and now each time
a comment is added I get several e-mails
with the same comment. Is there any way you can remove
me from that service? Cheers!
I genuinely prize your work, Great post.
What’s Happening i’m new to this, I stumbled upon this I’ve found It absolutely helpful and it has helped me out
loads. I am hoping to give a contribution & help other customers like its aided me.
Great job.
Thanks for another magnificent post. The place else could anyone get that type of
info in such an ideal manner of writing? I
have a presentation subsequent week, and I am on the search
for such information.
When someone writes an piece of writing he/she keeps the idea of
a user in his/her mind that how a user can understand it.
Thus that’s why this article is amazing. Thanks!
Heya! I’m at work browsing your blog from my new apple iphone!
Just wanted to say I love reading through your blog and look forward to all your posts!
Keep up the excellent work!
Just wish to say your article is as astonishing. The clarity to your put up is simply excellent and
i can think you’re knowledgeable in this subject.
Well along with your permission let me to grab your feed to keep up to date
with forthcoming post. Thanks one million and please carry on the enjoyable
work.