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:
Its such as you learn my thoughts! You appear to understand a lot approximately this, such
as you wrote the ebook in it or something. I feel that
you just could do with a few percent to drive the message house
a little bit, but other than that, this is magnificent blog.
An excellent read. I will definitely be back.
Hi! I simply would like to give you a big thumbs up for the great information you’ve got right here on this post.
I am returning to your web site for more soon.
Oh my goodness! Awesome article dude! Thank you so much,
However I am experiencing problems with your RSS. I don’t understand the reason why
I can’t join it. Is there anybody else getting identical RSS issues?
Anybody who knows the answer will you kindly respond?
Thanx!!
Your means of describing all in this article is actually pleasant, all be able to easily know it,
Thanks a lot.
Great info. Lucky me I recently found your website by chance (stumbleupon).
I’ve saved as a favorite for later!
Terrific work! This is the type of info that should be shared around the internet.
Shame on the search engines for not positioning this post upper!
Come on over and talk over with my website
. Thanks =)
Simply want to say your article is as astounding.
The clearness in your post is just excellent and
i can assume you’re an expert on this subject.
Fine with your permission let me to grab your RSS feed to keep up to
date with forthcoming post. Thanks a million and please keep up the enjoyable work.
Right away I am ready to do my breakfast, after having my breakfast coming yet again to read additional news.
I am genuinely grateful to the holder of this web site
who has shared this fantastic paragraph at here.
Hey! I could have sworn I’ve been to this site before but after checking through
some of the post I realized it’s new to me.
Anyways, I’m definitely glad I found it and I’ll be bookmarking and checking back often!
Everything is very open with a really clear clarification of the challenges.
It was really informative. Your website is very useful.
Many thanks for sharing!
My spouse and I stumbled over here coming from a different web page and thought
I should check things out. I like what I see so i am just following you.
Look forward to checking out your web page again.
These are genuinely impressive ideas in on the topic of blogging.
You have touched some fastidious points here.
Any way keep up wrinting.
I pay a visit everyday a few websites and blogs to read posts,
but this weblog offers quality based articles.
Excellent goods from you, man. I’ve understand your stuff previous to and you’re
just extremely wonderful. I really like what you have acquired
here, certainly 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 can not wait to read far more from you.
This is really a tremendous web site.
Excellent pieces. Keep writing such kind of information on your blog.
Im really impressed by it.
Hey there, You have done an excellent job. I’ll definitely digg it and in my view recommend to my friends.
I am sure they will be benefited from this site.
Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I get actually enjoyed
account your blog posts. Any way I will be subscribing to your
feeds and even I achievement you access consistently fast.
Fantastic beat ! I would like to apprentice even as
you amend your web site, how could i subscribe for a blog site?
The account aided me a applicable deal. I were a little bit familiar of this your
broadcast offered vibrant clear idea
Why visitors still use to read news papers when in this technological
world all is accessible on net?
You could definitely see your skills within the work you write.
The sector hopes for even more passionate writers like you who aren’t afraid to mention how they believe.
At all times go after your heart.
Can I simply just say what a relief to find an individual who truly understands what they’re talking
about over the internet. You actually understand how to bring a problem to light and make it important.
More and more people should check this out and understand this side
of your story. It’s surprising you’re not more popular since you surely have the gift.
Fastidious response in return of this matter with genuine arguments and
telling all regarding that.
Very nice post. I just stumbled upon your blog and wanted to say that I have truly enjoyed surfing around your blog
posts. After all I will be subscribing to
your rss feed and I hope you write again very soon!
You could certainly see your skills in the work you write.
The world hopes for even more passionate writers like
you who are not afraid to say how they believe. Always follow your heart.
I’m gone to say to my little brother, that he should also pay a quick visit this web site
on regular basis to get updated from most up-to-date gossip.
Great info. Lucky me I recently found your blog by accident (stumbleupon).
I’ve book-marked it for later!
Hi there! I know this is kinda off topic but I was wondering if you knew where I
could find a captcha plugin for my comment form?
I’m using the same blog platform as yours and I’m having trouble finding one?
Thanks a lot!
I’ll immediately clutch your rss feed as I can not find
your email subscription hyperlink or newsletter service.
Do you’ve any? Kindly allow me recognise in order that I may subscribe.
Thanks.
Aw, this was a very nice post. Taking a few minutes and actual effort to make
a good article… but what can I say… I put things off a lot and don’t seem to get nearly anything done.
I do consider all of the concepts you’ve presented in your post.
They’re very convincing and will certainly work.
Still, the posts are too short for newbies. May just you
please extend them a bit from next time? Thank you for the post.
Hi there to every body, it’s my first go to see of
this website; this blog carries remarkable and truly good material in support of readers.
Hello, every time i used to check weblog posts here in the early hours in the daylight, as i like to learn more and more.
Great work! That is the kind of info that
should be shared around the web. Disgrace on the search engines
for not positioning this publish higher! Come on over and consult
with my web site . Thanks =)
Useful info. Fortunate me I found your web site accidentally,
and I am surprised why this accident didn’t happened earlier!
I bookmarked it.
Fantastic 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, certainly like what you are saying 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 much more from you. This is actually a wonderful web site.
Keep this going please, great job!
Hi, Neat post. There is an issue along with your web site in internet explorer,
would check this? IE nonetheless is the marketplace leader and a large component to other folks will miss your
great writing because of this problem.
This post offers clear idea in favor of the new people of blogging, that really how to do
blogging and site-building.
Truly no matter if someone doesn’t be aware of then its up to
other viewers that they will help, so here it occurs.
Everything is very open with a precise clarification of the issues.
It was definitely informative. Your site is extremely helpful.
Thank you for sharing!
Hi, its nice paragraph regarding media print, we all be familiar with media is a great source
of data.
You could definitely see your skills within the article
you write. The arena hopes for even more passionate writers such as you who are not afraid to mention how they believe.
Always follow your heart.
Very good information. Lucky me I found your blog by accident (stumbleupon).
I have saved as a favorite for later!
yoᥙ’ｒe in reality a excellent webmaster.
Тhe website loading pace іs incredible. Іt sort off feels tһat уou are doing any unique trick.
Furtһermore, The cоntents are masterpiece. yоu һave performed a magnificent task in this subject!
Αlso visit my blog post :: дэлгэрэнгүй мэдээллийг уншина уу
Excellent blog here! Also your web site loads up fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my website loaded up as fast as yours lol
This text is priceless. Where can I find out more?
Right here is the perfect site for anybody who hopes to find out about this topic.
You understand so much its almost hard to argue with you (not that
I personally will need to…HaHa). You definitely put a new
spin on a topic which has been written about for ages.
Great stuff, just great!
Do you have any video of that? I’d want to find out
some additional information.
Very nice article, totally what I was looking for.
What’s up mates, good article and nice arguments commented at this place, I am actually enjoying
by these.