a4architect.com

Month: June 2013

  • Joint Venture Proposal. Parklands.Nairobi City, Kenya.

    PRISM DESIGNS AFRICA
    www.a4architect.com

    Phone: +254 721 410684

    Karen road,

    Nairobi.

    info@a4architect.com

    kes 21.5m per unit 200m2 per unit. 42 UNITS 6 units per floor
    Cost Item

    Kshs

    %
    Land

    120,000,000.00

    16.93659363
    Preliminary

    1,260,000.00

    0.177834233
    Construction

    378,000,000.00

    53.35026993
    External Works

    18,900,000.00

    2.667513496
    Contingency

    7,560,000.00

    1.067005399
    Architectural fees

    13,230,000.00

    1.867259447
    Quantity Surveying

    3,780,000.00

    0.533502699
    Structural Engineering

    7,560,000.00

    1.067005399
    Elec/Mech Engineering

    3,780,000.00

    0.533502699
    Interior Design/Landscaping

    1,890,000.00

    0.26675135
    Legal fees

    3,780,000.00

    0.533502699
    Project Management fees

    3,780,000.00

    0.533502699
    Marketing

    8,925,000.00

    1.259659151
    Financial Charges

    136,080,000.00

    19.20609717
    Total

    708,525,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    309,735,000.00

    43.71546523
    Debt Finance

    378,000,000.00

    53.35026993
    Presales

    90,300,000.00

    12.7447867
    Total

    708,525,000.00

    109.8105219
    PROFIT
    TOTAL SALES FOR 42 UNITS

    903,000,000.00
    TOTAL EXPENDITURE

    708,525,000.00
    NET PROFIT

    194,475,000.00
    % Profit Margin

    27.44786705

    parklands

  • Joint Venture Proposal. Parklands.Nairobi City, Kenya.

    PRISM DESIGNS AFRICA
    www.a4architect.com

    Phone: +254 721 410684

    Karen road,

    Nairobi.

                                                                                                                                     

                                                                                                                                      info@a4architect.com

    kes 21.5m per unit                              200m2 per unit.                    42 UNITS 6 units per floor
    Cost Item

    Kshs

    %
    Land

    120,000,000.00

    16.93659363
    Preliminary

    1,260,000.00

    0.177834233
    Construction

    378,000,000.00

    53.35026993
    External Works

    18,900,000.00

    2.667513496
    Contingency

    7,560,000.00

    1.067005399
    Architectural fees

    13,230,000.00

    1.867259447
    Quantity Surveying

    3,780,000.00

    0.533502699
    Structural Engineering

    7,560,000.00

    1.067005399
    Elec/Mech Engineering

    3,780,000.00

    0.533502699
    Interior Design/Landscaping

    1,890,000.00

    0.26675135
    Legal fees

    3,780,000.00

    0.533502699
    Project Management fees

    3,780,000.00

    0.533502699
    Marketing

    8,925,000.00

    1.259659151
    Financial Charges

    136,080,000.00

    19.20609717
    Total

    708,525,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    309,735,000.00

    43.71546523
         
    Debt Finance

    378,000,000.00

    53.35026993
    Presales

    90,300,000.00

    12.7447867
    Total

    708,525,000.00

    109.8105219
    PROFIT
    TOTAL SALES FOR 42 UNITS

    903,000,000.00
    TOTAL EXPENDITURE

    708,525,000.00
    NET PROFIT

    194,475,000.00
    % Profit Margin

    27.44786705

    parklands

     

  • Karen. Furnished home vs Rental home Return on Investment

    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.

  • Karen. Furnished home vs Rental home Return on Investment

    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.

     

  • Cost of Iron Sheets in Kenya.

    Cost of Iron Sheets in Kenya.

    Iron sheets in Kenya are sold in modules of 2m, 2.5m and 3m lengths with widths of 0.85m.
    Available iron sheets come in gauge 30 and 32. In the earlier years, gauge 26 iron sheets were available but currently, these have to be ordered directly from the major iron sheet manufacturer factories.
    Actual fitting will also have an overlap of approximately 150 to 200mm.This reduces the actual coverage on the roof.
    The lower the gauge, the thicker the iron sheet.

    Gauge 30 .

    2M length of gauge 30 costs kes 470 in an average hardware shop around Nairobi.
    This translates to kes 277 per m2.

    Gauge 32.

    2M length of gauge 32 costs kes 410 in an average hardware shop around Nairobi.
    This translates to kes 242 per m2.

    Gauge 30 box profile prepainted.

    2M length of gauge 30 costs kes 760 in an average hardware shop around Nairobi.
    This translates to kes 448 per m2.

    Francis Gichuhi Kamau, Architect.
    info@a4architect.com
    0721410684.