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 very simple to find out any topic on net as compared to
textbooks, as I found this piece of writing at this web page.
It’s an remarkable post in support of all the web visitors; they will get advantage
from it I am sure.
Simply wish to say your article is as astonishing.
The clarity in your post is simply nice and i can assume
you’re an expert on this subject. Well with your permission let me to grab your feed to keep updated
with forthcoming post. Thanks a million and please keep up the rewarding work.
My spouse and I stumbled over here coming from a different web page
and thought I might as well check things out.
I like what I see so i am just following you.
Look forward to looking into your web page repeatedly.
I pay a quick visit daily a few blogs and information sites to read content, except this webpage gives quality based posts.
I do trust all the ideas you’ve presented to your post.
They’re very convincing and will certainly work. Nonetheless,
the posts are too short for starters. May you please prolong them a little from next time?
Thank you for the post.
Howdy! Someone in my Myspace group shared this site with us so I came to check it out.
I’m definitely loving the information. I’m bookmarking and will be tweeting this
to my followers! Terrific blog and terrific style and design.
Very great post. I simply stumbled upon your blog and wanted to mention that I’ve
really enjoyed surfing around your blog posts. After all I will
be subscribing to your feed and I’m hoping you write once more soon!
My developer is trying to convince me to move to .net from
PHP. I have always disliked the idea because of the expenses.
But he’s tryiong none the less. I’ve been using WordPress on various websites for
about a year and am concerned about switching to another platform.
I have heard great things about blogengine.net. Is there a
way I can import all my wordpress posts into it? Any help would be really
appreciated!
Fantastic beat ! I wish to apprentice whilst you amend your website, how can i subscribe
for a blog web site? The account aided me a applicable
deal. I had been a little bit acquainted of this
your broadcast provided bright transparent concept
Oh my goodness! Amazing article dude! Thanks, However I am going through difficulties with your
RSS. I don’t know the reason why I can’t join it.
Is there anybody getting identical RSS issues?
Anyone that knows the answer can you kindly respond?
Thanks!!
Aw, this was a really good post. Taking a few minutes and actual effort to produce a great article… but what
can I say… I hesitate a lot and never manage to get anything done.
Magnificent goods from you, man. I’ve understand your stuff previous
to and you are just extremely excellent. I really like what you have acquired here,
really like what you’re stating and the way in which you say it.
You make it enjoyable and you still take care of to keep it wise.
I cant wait to read far more from you. This is actually a wonderful website.
Dr. Passaretti will preseent compression bandages and instructions for resuming your regular activities.
My web blog: my blog
This is very interesting, You are a very skilled blogger.
I have joined your rss feed and look forward to seeking more of
your great post. Also, I’ve shared your site in my social networks!
Hey would you mind sharing which blog platform you’re using?
I’m going to start my own blog in the near future but I’m having a difficult time choosing between BlogEngine/Wordpress/B2evolution and Drupal.
The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique.
P.S My apologies for being off-topic but I had to ask!
Hi friends, its impressive post regarding tutoringand fully defined, keep it up all the time.
Нi therе! I coսld havе sworn І’ｖe been tߋo this web site before but aftеr browsing throᥙgh ѕome of
the posts I realized it’s new tо me. Nonethеless, I’m ⅾefinitely delighted І cɑmе across
it andd І’ll be book-marking іt аnd checking bacқ
oftｅn!
Feel free to visit my web ⲣage … discuss
What’s Going down i am new to this, I stumbled upon this I have discovered It positively useful and it has aided me out loads.
I’m hoping to contribute & help different customers
like its helped me. Good job.
Amazing! Its in fact awesome article, I have got much clear idea
about from this post.
Thanks іn favor of sharing sucһ a nice idea, article іs pleasant, tһats why i һave reaԀ it fulⅼｙ
mʏ site … スロットログイン
Howdy, i read your blog from time to time and i own a similar one and i was just curious if
you get a lot of spam remarks? If so how do you stop it, any plugin or anything
you can recommend? I get so much lately it’s driving me crazy
so any assistance is very much appreciated.
Howdy! I could have sworn I’ve visited this site before but after
browsing through some of the articles I realized it’s new to me.
Anyways, I’m certainly pleased I discovered it and I’ll be book-marking it and checking back frequently!
Hey very interesting blog!
It is the best time to make a few plans for the long run and it’s time to be happy.
I’ve read this submit and if I may just I want to suggest you some interesting issues or suggestions.
Perhaps you could write subsequent articles relating to this article.
I desire to learn even more issues approximately
it!
We stumbled over here coming from a different page and
thought I may as well check things out. I like what I see so i am just following you.
Look forward to looking over your web page for a second time.
It’s hard to find educated people on this topic, but you seem like you
know what you’re talking about! Thanks
At this time I am ready to do my breakfast, after having
my breakfast coming yet again to read additional news.
Thank you for another informative site. Where else may I get that type of info written in such a
perfect way? I have a challenge that I am simply now operating on, and I’ve been at the look out
for such information.
Hi, Neat post. There is an issue with your website in internet explorer, would check this?
IE nonetheless is the market chief and a big portion of other folks will miss your magnificent writing because of
this problem.
We stumbled over here coming from a different page and thought I might as well check things
out. I like what I see so now i am following you. Look forward to looking at your web page for a
second time.
It’s going to be finish of mine day, except before finish I am reading this enormous article to improve my knowledge.
Greetings! Quick question that’s entirely off
topic. Do you know how to make your site mobile friendly?
My weblog looks weird when browsing from my iphone 4.
I’m trying to find a template or plugin that might be able to fix
this issue. If you have any recommendations, please share.
Thank you!
Hi! Do you use Twitter? I’d like to follow you if that would be ok.
I’m undoubtedly enjoying your blog and look
forward to new posts.
My brother recommended I might like this web site.
He was entirely right. This post truly made my
day. You can not imagine just how much time I had spent for this information! Thanks!
hi!,I really like your writing very a lot! share we communicate more about your article on AOL?
I require an expert in this area to solve my problem.
Maybe that’s you! Having a look forward to
look you.
Thank you for the auspicious writeup. It in fact was a amusement account it.
Look advanced to more added agreeable from you!
By the way, how could we communicate?
I am really impressed with your writing skills and also with the layout on your blog.
Is this a paid theme or did you modify it yourself?
Anyway keep up the excellent quality writing, it
is rare to see a nice blog like this one today.
Do you mind if I quote a few of your articles as long as I provide
credit and sources back to your blog? My blog site is in the very same area of interest as yours and my visitors would genuinely benefit from some of the information you provide here.
Please let me know if this okay with you. Thanks a lot!
This is very interesting, You’re a very skilled blogger.
I’ve joined your rss feed and look forward to seeking more
of your excellent post. Also, I have shared your site in my social networks!
Now I am going away to do my breakfast, when having my breakfast coming again to read
other news.
What’s Happening i am new to this, I stumbled upon this I’ve found It positively helpful and it has helped me
out loads. I am hoping to contribute & assist other customers
like its helped me. Great job.
Spot on with this write-up, I seriously feel this site needs a great deal more
attention. I’ll probably be back again to read
more, thanks for the advice!
Wonderful article! This is the type of information that should be shared around the net.
Disgrace on the seek engines for now not positioning this submit higher!
Come on over and discuss with my website . Thanks =)
Have you ever considered about including a little bit more than just
your articles? I mean, what you say is valuable and everything.
But imagine if you added some great photos or video clips to give your posts more,
«pop»! Your content is excellent but with images and
video clips, this blog could definitely be one of the best in its niche.
Fantastic blog!
Hello colleagues, how is everything, and what you want to say
about this piece of writing, in my view its in fact remarkable for
me.
you’re in reality a excellent webmaster. The web site loading speed is amazing.
It sort of feels that you’re doing any distinctive trick.
Furthermore, The contents are masterpiece.
you have done a magnificent job on this matter!
Good day I am so delighted I found your site, I really found you by mistake, while I was researching
on Digg for something else, Anyhow I am here now and would just like to say thanks a
lot for a incredible post and a all round enjoyable blog (I also love the theme/design), I don’t
have time to look over it all at the minute but I have saved it and
also added in your RSS feeds, so when I have time I will be
back to read much more, Please do keep up the excellent jo.
Great beat ! I wish to apprentice even as you amend your site,
how can i subscribe for a weblog web site?
The account aided me a acceptable deal. I had
been tiny bit familiar of this your broadcast offered
bright clear idea
This article is truly a nice one it helps new web
visitors, who are wishing in favor of blogging.