PRISM DESIGNS AFRICA
www.a4architect.com
Phone: +254 721 410684
Karen road,
Nairobi.
info@a4architect.com
FULLY FURNISHED HOME OPTION. | ||
UNIT TYPE 230M2 2 ACRES. 8 UNITS | ||
Cost Item |
Kshs |
% |
Land |
0.00 |
0 |
0.00 |
0 |
|
Construction |
108,560,000.00 |
73.19230645 |
Marketing |
680,000.00 |
0.458463231 |
Financial Charges |
39,081,600.00 |
26.34923032 |
Total |
148,321,600.00 |
100 |
Financing Plan |
Kshs |
% |
Developer |
39,761,600.00 |
26.80769355 |
Debt Finance |
108,560,000.00 |
73.19230645 |
Presales |
#REF! |
#REF! |
Total |
148,321,600.00 |
#REF! |
PROFIT | ||
RENT PER UNIT PER DAY |
20,000.00 |
|
RENT PER 8 UNITS PER DAY |
160,000.00 |
|
RENT PER MONTH |
4,800,000.00 |
|
RENT PER YEAR |
57,600,000.00 |
|
RENT PER YEAR AT 70% OCCUPANCY |
40,320,000.00 |
|
TOTAL EXPENDITURE |
148,321,600.00 |
|
RETURN ON INVESTMENT. YEARS |
3.68 |
|
NOTE. PROFIT FROM CONFERENCE ROOMS, OFFICES, FOOD AND BEVERAGES TO OFFSET SALARIES AND MAINTENANCE FEES | ||
AFTER 3.7 YEARS, THE PROPERTY WILL OFFSET ALL LOANS AND THEREAFTER | ||
A PROFIT OF KES 40M PER YEAR REALISED. | ||
RENTAL OPTION | ||
UNIT TYPE 230M2 2 ACRES. 8 UNITS | ||
Cost Item |
Kshs |
% |
Land |
0.00 |
0 |
0.00 |
0 |
|
Construction |
97,520,000.00 |
73.15433825 |
Marketing |
680,000.00 |
0.51009998 |
Financial Charges |
35,107,200.00 |
26.33556177 |
Total |
133,307,200.00 |
100 |
Financing Plan |
Kshs |
% |
Developer |
35,787,200.00 |
26.84566175 |
Debt Finance |
97,520,000.00 |
73.15433825 |
Presales |
#REF! |
#REF! |
Total |
133,307,200.00 |
#REF! |
PROFIT | ||
RENT PER UNIT PER DAY |
4,666.67 |
|
RENT PER 8 UNITS PER DAY |
37,333.33 |
|
RENT PER MONTH |
1,120,000.00 |
|
RENT PER YEAR |
13,440,000.00 |
|
RENT PER YEAR AT 85% OCCUPANCY |
11,424,000.00 |
|
TOTAL EXPENDITURE |
133,307,200.00 |
|
RETURN ON INVESTMENT. YEARS |
11.67 |
|
NOTE. PROFIT FROM CONFERENCE ROOMS, OFFICES, FOOD AND BEVERAGES TO OFFSET SALARIES AND MAINTENANCE FEES | ||
AFTER 11.7 YEARS, THE PROPERTY WILL OFFSET ALL LOANS AND THEREAFTER | ||
A PROFIT OF KES 13.4M PER YEAR REALISED. | ||
This time period is much longer than during option1, fully furnished homes. | ||
11.7years compared to 3.7 years. | ||
The yearly rental yield is much lower than during option1, fully furnished homes. | ||
kes 13.4m compared to kes 40m. | ||
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