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:
If you are going for finest contents like I do, just pay
a visit this web site every day since it provides feature contents, thanks
Hello, this weekend is fastidious in favor of me, because this
point in time i am reading this enormous educational post here at my home.
Wow, marvelous blog layout! How long have you been blogging
for? you made blogging look easy. The overall look of your site is excellent, as well as the content!
I couldn’t resist commenting. Exceptionally well written!
For most up-to-date information you have to pay a visit web and on the web I found this website as a finest web page for newest updates.
This paragraph will help the internet viewers
for setting up new website or even a blog from start to end.
Hello, all is going fine here and ofcourse every one is sharing data, that’s
genuinely excellent, keep up writing.
Today, I went to the beachfront with my children. 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 placed 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 entirely off topic but I had to tell someone!
It’s going to be ending of mine day, however before end I am reading this enormous post to
improve my know-how.
I savor, cause I found exactly what I used
to be looking for. You’ve ended my four day long hunt! God Bless you
man. Have a nice day. Bye
Very good info. Lucky me I found your site by chance (stumbleupon).
I’ve saved it for later!
It’s an awesome post for all the online people; they will take advantage from it I am sure.
What’s up colleagues, its impressive piece of writing regarding educationand completely explained, keep it up
all the time.
It’s actually a nice and useful piece of information. I am happy
that you just shared this helpful information with us.
Please keep us informed like this. Thank you for sharing.
Having read this I thought it was extremely informative.
I appreciate you finding the time and energy to put this information together.
I once again find myself spending a significant amount of time both reading and
leaving comments. But so what, it was still worth it!
Since the admin of this website is working, no question very shortly it will be famous, due to its feature contents.
Simply desire to say your article is as astonishing.
The clearness on your submit is simply spectacular and i could suppose you’re a professional on this subject.
Fine along with your permission allow me to snatch your feed to stay up to
date with imminent post. Thanks one million and please carry on the gratifying work.
excellent issues altogether, you simply won a new reader.
What might you recommend in regards to your put up that you made some days in the past?
Any sure?
Hi there would you mind stating which blog platform
you’re using? I’m looking to start my own blog soon but I’m having a tough time making a decision 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 unique. P.S My apologies for getting off-topic
but I had to ask!
I am really grateful to the holder of this web site who has shared
this wonderful piece of writing at at this place.
Thank you, I have recently been looking for info about this subject for
a long time and yours is the greatest I’ve came upon till
now. However, what in regards to the bottom line?
Are you positive concerning the source?
Hello to all, the contents present at this website are truly remarkable for people knowledge,
well, keep up the good work fellows.
This post is priceless. When can I find out more?
Nice post. I was checking constantly this blog and I’m impressed!
Very useful information specifically the last part 🙂 I care for
such info a lot. I was seeking this certain information for a long time.
Thank you and good luck.
Aw, this was an incredibly good post. Finding
the time and actual effort to produce a really good article… but
what can I say… I hesitate a whole lot and never seem to get nearly anything done.
Its like you read my thoughts! You appear to know so much approximately this, such
as you wrote the ebook in it or something. I feel that you just can do with
a few p.c. to drive the message home a little bit, however other
than that, that is great blog. A fantastic read. I’ll definitely
be back.
I’m not sure where you are getting your information, but good topic.
I needs to spend some time learning much more or understanding
more. Thanks for fantastic info I was looking
for this information for my mission.
It’s really a cool and helpful piece of info. I am
happy that you just shared this useful info with us.
Please keep us up to date like this. Thank you for sharing.
Hello, I would like to subscribe for this blog to obtain most up-to-date updates, thus where can i do it please assist.
I am sure this piece of writing has touched all the internet people, its really really nice article on building up
new blog.
My family all the time say that I am killing my time here at web, however I
know I am getting experience all the time by reading thes nice content.
Its such as you learn my thoughts! You appear to grasp so much about this,
such as you wrote the e-book in it or something.
I feel that you can do with some percent to
drive the message house a bit, but other than that, this
is fantastic blog. An excellent read. I will definitely be
back.
Do you have a spam issue on this blog; I also am a blogger, and I was curious about your situation; many
of us have developed some nice methods and we are looking to exchange techniques with others,
why not shoot me an email if interested.
I have been surfing online more than three
hours lately, but I by no means found any attention-grabbing article like yours.
It is lovely price sufficient for me. Personally, if
all site owners and bloggers made just right content as you did, the net will
probably be much more useful than ever before.
I love what you guys are up too. This kind of clever work and
coverage! Keep up the very good works guys I’ve added you guys to blogroll.
It is appropriate time to make some plans for the long run and it is time to
be happy. I have learn this publish and if I could I want to
recommend you some attention-grabbing things or suggestions.
Maybe you can write subsequent articles relating to this article.
I desire to learn even more things approximately it!
What’s Going down i’m new to this, I stumbled upon this
I’ve discovered It absolutely helpful and it has helped me out loads.
I hope to contribute & help other users like its helped me.
Good job.
I have been surfing online more than three hours today,
yet I never found any interesting article like yours.
It is pretty worth enough for me. In my opinion, if all website owners and bloggers made good content as you did,
the internet will be a lot more useful than ever before.
I’m extremely impressed with your writing skills and also with the layout
on your weblog. Is this a paid theme or did you
customize it yourself? Anyway keep up the nice quality writing, it’s
rare to see a great blog like this one today.
I’d like to find out more? I’d want to find out more details.
all the time i used to read smaller content which also clear
their motive, and that is also happening with this post which I am reading here.
What’s Happening i am new to this, I stumbled upon this I have found It absolutely helpful and it has aided
me out loads. I am hoping to contribute & aid different users like
its helped me. Good job.
great publish, very informative. I ponder why
the opposite specialists of this sector do not notice this.
You should proceed your writing. I’m sure, you’ve a great readers’
base already!
A motivating discussion is definitely worth comment. I
think that you need to write more about this subject matter,
it may not be a taboo matter but typically folks don’t speak about these subjects.
To the next! Best wishes!!
Keep on working, great job!
These are actually fantastic ideas in about blogging.
You have touched some good things here. Any way keep up wrinting.
My relatives always say that I am wasting my time here at net, except I know I am getting know-how everyday by
reading such pleasant content.
Wow, that’s what I was looking for, what a information! present here at this webpage,
thanks admin of this web page.
This info is worth everyone’s attention. Where can I find out
more?
Whoa! This blog looks exactly like my old one! It’s on a entirely different subject but
it has pretty much the same layout and design. Great choice
of colors!