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:
My spouse and I stumbled over here from a different page and thought I might check things out.
I like what I see so now i am following you. Look forward to going over your web
page for a second time.
This article presents clear idea in support of the new visitors
of blogging, that actually how to do blogging.
Good day! This is my first visit to your blog!
We are a collection of volunteers and starting a new initiative in a community in the same niche.
Your blog provided us useful information to work on. You have done a extraordinary job!
Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something.
I think that you can do with a few pics to drive the message home
a little bit, but instead of that, this is wonderful blog.
A great read. I’ll certainly be back.
I constantly spent my half an hour to read this website’s posts all the time along with a mug of
coffee.
Quality articles is the important to interest the visitors to go to see the site, that’s what this
web site is providing.
I feel this is among the such a lot important info for me.
And i am satisfied studying your article. But wanna observation on some general things,
The website taste is great, the articles
is actually great : D. Just right activity, cheers
Hello superb website! Does running a blog similar to this require a great deal of work?
I have no understanding of coding however I was hoping
to start my own blog soon. Anyways, if you have
any recommendations or tips for new blog owners please share.
I understand this is off topic but I simply wanted to ask.
Thanks a lot!
I have been exploring for a little for any high-quality articles or blog posts on this
kind of space . Exploring in Yahoo I eventually stumbled upon this site.
Studying this information So i’m happy to exhibit that I have an incredibly just right uncanny feeling I came upon just
what I needed. I most certainly will make certain to do not
put out of your mind this web site and provides it a glance regularly.
Hello There. I discovered your blog the usage of msn. This is a
really well written article. I will make sure to bookmark it and return to learn more of your helpful information. Thanks for the post.
I will definitely comeback.
I was suggested this web site by my cousin. I’m not sure whether this post is written by him as
nobody else know such detailed about my difficulty.
You are amazing! Thanks!
This information is invaluable. Where can I find out more?
Hey I know this is off topic but I was wondering if you knew
of any widgets I could add to my blog that automatically tweet my newest twitter updates.
I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like
this. Please let me know if you run into anything.
I truly enjoy reading your blog and I look forward to your new updates.
Hello, I think your blog might be having browser compatibility issues.
When I look at your blog in Chrome, it looks fine but
when opening in Internet Explorer, it has some overlapping.
I just wanted to give you a quick heads up! Other then that, terrific blog!
My brother recommended I might like this blog. He was entirely right.
This post actually made my day. You cann’t imagine just how much time I
had spent for this info! Thanks!
Greate pieces. Keep posting such kind of info on your page.
Im really impressed by your blog.
Hello there, You’ve performed an excellent job.
I’ll certainly digg it and personally suggest to my friends.
I’m confident they will be benefited from this web site.
Actually when someone doesn’t know after that its up to other people that they will assist, so here it happens.
Quality posts is the key to be a focus for the users to visit the web site, that’s what this web site
is providing.
Howdy! This is my first visit to your blog! We are a team of volunteers and
starting a new project in a community in the same
niche. Your blog provided us valuable information to work on. You have done a outstanding job!
Hi there, just became alert to your blog through Google, and found that it is truly informative.
I am gonna watch out for brussels. I’ll appreciate
if you continue this in future. Many people will be benefited from your writing.
Cheers!
Very nice post. I just stumbled upon your blog and wanted to say that I
have really enjoyed browsing your blog posts. After all I will
be subscribing to your feed and I hope you write again soon!
I all the time used to read paragraph in news papers but now as I am a user
of web so from now I am using net for articles, thanks to web.
Very nice post. I just stumbled upon your weblog and wished to say that
I have truly enjoyed surfing around your blog posts.
In any case I will be subscribing to your feed and I hope you write again soon!
It’s an amazing article for all the web people; they will take benefit from it I am sure.
hello there and thank you for your information – I have definitely picked up anything new
from right here. I did however expertise several technical points
using this website, since I experienced to reload the website lots of times
previous to I could get it to load properly.
I had been wondering if your web host is OK? Not that I am complaining, but slow loading instances times will very
frequently affect your placement in google and can damage your high quality score
if advertising and marketing with Adwords. Well I am adding this RSS to my e-mail and can look out for a lot more of your respective fascinating content.
Make sure you update this again very soon.
What’s up, all is going well here and ofcourse every one is sharing data,
that’s in fact fine, keep up writing.
It’s a shame you don’t have a donate button! I’d most certainly donate
to this excellent blog! I guess for now i’ll settle for book-marking and adding
your RSS feed to my Google account. I look forward
to brand new updates and will talk about this website with my
Facebook group. Chat soon!
You could certainly see your expertise within the article you write.
The sector hopes for even more passionate writers like you who aren’t afraid
to say how they believe. All the time follow your heart.
Awesome post.
Asking questions are really fastidious thing if you are not understanding anything entirely,
except this article provides good understanding even.
It’s actually a nice and helpful piece of information. I’m happy that you shared
this helpful information with us. Please keep us up to date like this.
Thanks for sharing.
I like it when folks come together and share opinions. Great website,
stick with it!
Very nice post. I just stumbled upon your weblog and wanted to say that I’ve truly enjoyed browsing your blog posts.
After all I will be subscribing to your rss feed and I hope you write again very soon!
Ahaa, its good conversation on the topic of this
article here at this weblog, I have read all that, so at this time
me also commenting at this place.
Hi! I’ve been following your website for a long time now and finally got the
bravery to go ahead and give you a shout out from Huffman Texas!
Just wanted to say keep up the excellent job!
Very nice post. I just stumbled upon your weblog
and wished 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 soon!
I loved as much as you’ll receive carried out right here.
The sketch is tasteful, your authored material stylish.
nonetheless, you command get got an edginess over that you wish be delivering the following.
unwell unquestionably come further formerly again as exactly the same nearly very often inside case you shield this increase.
Generally I do not read article on blogs, however I wish to
say that this write-up very pressured me to take a look at and do it!
Your writing style has been surprised me. Thanks, very nice article.
Have you ever considered creating an ebook or guest authoring on other sites?
I have a blog centered on the same ideas you discuss and would love to
have you share some stories/information. I know my
visitors would value your work. If you’re even remotely interested, feel free to
shoot me an e mail.
You could definitely see your skills in the work you write.
The sector hopes for even more passionate writers like
you who are not afraid to say how they believe. Always
follow your heart.
Yes! Finally something about http://realtimecheats.com/forum/member.php?action=profile&uid=217599.
whoah this weblog is wonderful i really
like studying your articles. Stay up the good work! You
understand, many people are looking around for this info, you could aid them greatly.
We absolutely love your blog and find nearly all of your post’s to
be exactly I’m looking for. Does one offer guest writers to write content
available for you? I wouldn’t mind producing a post or elaborating on most of the subjects you write
related to here. Again, awesome site!
What’s up everybody, here every person is sharing
these experience, therefore it’s nice to read this weblog, and I used to go to see this web site all the time.
After going over a few of the articles on your blog, I really
appreciate your way of writing a blog. I added it to my bookmark website list and will be checking back in the near future.
Take a look at my web site too and let me know your opinion.
I’m not sure the place you’re getting your info, however good topic.
I must spend a while finding out more or figuring out more.
Thank you for excellent information I was on the lookout for this
information for my mission.
Normally I do not learn article on blogs, however I would like to
say that this write-up very forced me to check out and do it!
Your writing style has been amazed me. Thanks, quite great post.
Wow, awesome blog layout! How long have you been blogging for?
you made blogging look easy. The overall look of your site is wonderful, let alone the content!
It’s not my first time to go to see this web page, i am visiting this
site dailly and get fastidious data from here every day.
This piece of writing will assist the internet people for creating
new blog or even a blog from start to end.