report2e6-boeckx-van de water-budget report december 213

7/24/2019 Report2E6-Boeckx-Van de Water-budget Report December 213

1/19

*CONFIDENTIAL*

Budget report regarding two possible residentialproperty investments in Antwerp

!"t#o$ De%ember "&!'

Report

by

Jeroen

Boeckx &

Stef Van

de Water

JONESLANGLASALLE

INC.

B!GE"RE#OR"AN"WER#


2/19

$

Content% paeIntrodu%tion '

(roperty A) Dambruggestraat ' "&+& Antwerp ,

S'((ar)*ed tab+e o, -'re%

In/e%t(ent e/a+'at)on -'re%

!)%c'%%)on b'det report property A

(roperty B) -orte .ast#uisstraat '+/ "&&& Antwerp

S'((ar)*ed tab+e o, -'re% 0

In/e%t(ent e/a+'at)on -'re% 0

!)%c'%%)on b'det report property B 0

Comparison property A and (roperty B +

Break1e/en ana+y%e% 2

!)%c'%%)on o, t3e co(par)%on 2

Appendi0 A 1

Append)x A45 !eta)+% #roperty A 6 p)ct're% 7

Append)x A$5 ,'++ tab+e o, -'re% property A 8

Append)x A95 S3are o, ann'a+ co%t% property A :

Appendi0 B !&

Append)x B45 !eta)+% #roperty B 6 p)ct're% 4;

Append)x B$5 ,'++ tab+e o, -'re% property B 4$

Append)x B95 S3are o, ann'a+ co%t% property # 49

Appendi0 C !,

Append)x C45 Append)x C45 ca+c'+at)on %o+)c)tor% ,ee% 4

Append)x C$5 Append)x C$5 Intere%t rate%5


3/19

9

nt de(and %tore%> p'b+)c tran%port> 'n)/er%)ty=co++ee% o, 3)3


4/19

ed'cat)on> a++ o, t3e%e are at t3ere )nd)/)d'a+ pr)ce

ta> t3e)r potent)a+ ,'t're /a+'e> etc. It )% )(portant to kno< t3at e/ery

added a(o'nt )% ba%ed on re+)ab+e re%o'rce%. So(e n'(ber% 3o


5/19

0

Break1e/en po)nt 47 year%> (ont3%

Ro'ndtr)p co%t :.82@

Added Va+'e on property )n $;98 :8>;=H84>8;

Ann'a+ Ret'rn on )n/e%t(ent ROI :.@

"3e tab+e abo/e )/e% a %'((ar)*ed o/er/)e< o, t3e ca%3 o28.$; :0>4$9.44

Cost o$ %redit $a%ility 4>8;4.;;1

4>8;:.;;M

4>:2.29140;9.$8M

9 Exc3ane rate a% at 0=4$=$;49>ER 4 F G!# ;.894


6/19

2

Annual %as# ;ows

Annual %ost

>77;.71

>79.4M

9>:2.819:4.00M

Annual in%ome

:>8;.;; 7877.88

Cas# ;ow a$ter " years

Cost o$ sale

0>7;7.;; >7$.0$

Estimated 8elling pri%e

478>088.$8 48>;2.82

Investment evaluation :gures

Break1e/en po)nt 4: year%> 8 (ont3%Ro'ndtr)p co%t :.0@

Added Va+'e on property )n $;98 444>;;$.7;

Ann'a+ Ret'rn on )n/e%t(ent ROI :.9$@

"3e tab+e o, -'re% abo/e %'((ar)*e% t3e (o%t )(portant co%t% accord)nto b'y)n t3e %t'd)o )n t3e orte a%t3')%%traat. A deta)+ed o/er/)e< o, t3eproperty can be ,o'nd )n append)x B4. A (ore e+aborate /er%)on o, t3etab+e o, -'re% can be ,o'nd )n )n t3e append)x B$. "3e co%t o, p'rc3a%enot on+y )nc+'de% t3e pr)ce o, t3e apart(ent )t%e+,. "3e +ea+ ,ee% and t3e

%o+)c)tor% ,ee% are taken )nto acco'nt a% t3e a++ocated a(o'nt o, t3eper%ona+ e')ty )% (ax)()%ed. A (ortae o, $;>;;;FH42>2$;> to co/ert3e ot3er co%t% and create a %(a++ b'fer ,or ,'t're expen%e%> )% %ett+ed.See Append)x C$ ,or a ,'++ (ortae o/er/)e


7/19

7

Comparison property A and (roperty B)

(roperty A (roperty B

Cost o$ pur%#ase 4;7>0:.; 44>28.$;

Annual pro:t

p to year 4;

A,ter year 4;

0>;$9.;:1

0>;$9.2:M

8:90>78

7;:>$21

792>82M

747:>:

Brea?even point 47 year%>

(ont3%4: year%> 8

(ont3%

oundtrip %ost :.82@ :.88@Added alue on property in "&'= :8>; 444>;;$.7;Annual eturn on investment

2OI7

:.@

:.9$@

In;ation adusted OI+ 7.@ 7.9$@

"3e tab+e and rap3 abo/e )/e a co(par)%on o, t3e t


8/19

8

Bot3 propert)e% re')re t3e %a(e a(o'nt ,or t3e cred)t ,ac)+)ty.Reard)n t3)% cred)t ,ac)+)ty )t %ee(% a ood )dea to '%e a -xed)ntere%t rate. "3e rea%on ,or t3)% )% t3at rate% are 3)%tor)ca++y +o< att3e (o(ent and are /ery +)ke+y to o 'p o/er t3e next 4; year%. A%)('+at)on o, a


9/19

:

Appendi0 A") (roperty A) Full table o$ :gures

!e%cr)pt)on A(o'nt ER A(o'nt G!#7

Initial %as# ;ows

Cost O$ (ur%#ase

#roperty pr)ce :;>;;;.;; 7>7:;.;;

Re)%trat)on ,ee% 4;@ :>;;;.;; 7>7:.;;

So+)c)tor% ,ee% VA" $4@ )nc+'ded 4>80:.92 4>00.49

Co%t o, deed o, %a+e VA" $4@ )nc+'ded 4>40;.;; :00.20

!ecorat)on & ,'rn)%3)n 0>;;;.;; >400.;;

Jone% Lan LaSa++e Inc. ,ee% ;.2@ 0;.;; 8.7

TOTAL !&1/,4


10/19

4;

Annual %as# ;ows

Annual %ost

t)+)t)e% e+ectr)c)ty> a%> etc. 4>;.;; 4>4:9.2

B')+d)n (a)ntenance $0;.;; $;7.70

B')+d)n )n%'rance 4$7.0; 4;0.:0

Add)t)ona+ property tax: 08.29 00.:4

Co'nc)+ tax :8.;: 84.04

Repay(ent cred)t ,ac)+)ty -r%t 4; year%

1 )xed )ntere%t rate

$;0.8:=(ont3

1 Var)ab+e )ntere%t rate

$;9.0:=(ont3

$>7;.28

$>9.;8 $>;09.4

$>;9;.$;

TOTAL >,/4&4 (a)ntenance> )n%'rance

4;=(ont3

4>28;.;; 4>9:2.;8

TOTAL 4/4+&


11/19

44

Cert)-cate% E+ectr)c%> E#C 97;.;; 9;7.7

arious %osts 28elling agents $ees/

publi%ity/ et%209.$; >2:7.84

TOTAL +/&"'


12/19

4$

Appendi0 B

Appendi0 B!) (roperty B details

(roperty details

"ype Apart(ent %t'd)o

Addre%% orte Ga%t3')%%traat 92

$;;; Ant


13/19

49


14/19

4

Appendi0 B") (roperty B) Full table o$ :gures

Des%ription Amount

EG

Amount

.D(

!&

Initial %as# ;ows

Cost O$ (ur%#ase

#roperty pr)ce :2>;;;.;; 7:>772.;;

Re)%trat)on ,ee% 4;@ :>2;;.;; 7>:77.2;

So+)c)tor% ,ee% VA" $4@ )nc+'ded 4>:;;.7 4>07:.0$

Co%t o, deed o, %a+e VA" $4@ )nc+'ded 4>9:4.0; 4>402.9

't're decorat)on & ,'rn)%3)n 0>;;;.;; >400.;;

Jone% Lan LaSa++e Inc. ,ee% ;.2@ 072.;; 78.22

TOTAL

44>28.$; :0>4$9.44

Cost o$ %redit $a%ility2 3"&/&&&ER 4 F G!# ;.894


15/19

40

Annual %as# ;ows

Annual %ost

t)+)t)e% e+ectr)c)ty> a%> etc. 4>;.;; 4>4:2.2

B')+d)n (a)ntenance $;;.;; 422.$;

B')+d)n )n%'rance 4;0.;8 87.9$

Add)t)ona+ property tax4$ 0;;.$2 40.7$

Co'nc)+ tax 0.7$ 0.7

Repay(ent cred)t ,ac)+)ty -r%t 4; year%

1 )xed )ntere%t rate

$;0.8:=(ont3

1 Var)ab+e )ntere%t rate

$;9.0:=(ont3

$>7;.28

$>9.;8 $>;09.4

$>;9;.$;

TOTAL >,/11&

'4,!8;;.;; 2>84.8;

#ro/)%)on 't)+)t)e%> (a)ntenance> )n%'rance

4;=(ont3

4>28;.;; 4>9:2.;8

TOTAL 4/,=&


16/19

42

Cert)-cate% E+ectr)c%> E#C 97;.;; 9;7.7

arious %osts 28elling agents $ees/

publi%ity/ et%;9;.;8 0>;44.;;

TOTAL +/,&&


17/19

47

Appendi0 C

Appendi0 C!) %al%ulation soli%itors $ees

ange per%ent

age

propert

y A

(roperty

B

Gp to 3 1/&& >02@ 9$ 9$From 3 1/&& to 3 !1/&& $>80@ $80 $80

From 3 !1/&& to 3 '&/&&& $>$8@ $80 $80

From 3 '&/&&& to 3 ,/,4 4>74@ $2>:2

0

$2>:20

From 3 ,/,4 to 3 +,/&4 4>4@ $4$>; $4$>;From 3 +,/&4 tom 3

"&/&4

;>07@ 47>208

0

484>8080

Above 3 "&/&4 ;>;2@ ; ;

Total %ost2AT not in%luded7 4092>229 407;>829

Total %ost in .D(2AT not in%luded7 4$72>:22

:0

49;0>987

409


18/19

48

Appendi0 C") Interest rates) worst %ase5best %ase

Hortgage Option ! Option "

.eneral in$ormationType o$ %redit )xed )ntere%t rate Var)ab+e )ntere%t

rate

4=4=69=19

Borrowed amount $;>;;;.;; ER $;>;;;.;; ER

Interest rate

modi:%ations

First :0ed

period

4; year 4 year

Ne0t

modi:%ation

none ann'a+

InitialDuration 4; year 4; year

Interest rate o$ your

%#oi%e

.0 @ .$; @

Hont#ly interest

rate

;.929 @ ;.99 @

Hont#ly repayment $;0.8: ER $;9.0: ER

Total interest >7;2.8; ER >9;.8; ER

Optimisti%

Duration 4; year 4; year

Annual interest rate .0 @ 4.$; @Hont#ly interest

rate

;.929 @ ;.;:2 @

Hont#ly repayment $;0.8: ER 478.: ER

(essimisti%

Duration 4; year 4; year

Annual interest rate .0 @ 7.$; @

Hont#ly interest

rate

;.929 @ ;.0:; @

Hont#ly repayment $;0.8: ER $$7.9 ER


19/19

4:

ro(5 propertyre%earc3QJone%LanLaSa++e.co(

"o5Jack.WardQ(a)+.co(

S'bect5 re5 #roperty )n/e%t(ent Ant Jone% Lan LaSa++e Inc> !a(br'e%traat>

orte Ga%t3')%%traat

!ear Pr. and Pr%. Ward>

A ,e< (ont3% ao yo' 3a/e contacted '% con%)der)n yo'r de%)re to )n/e%t )n

Ant

report2e6-boeckx-van de water-budget report december 213

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