Estimate ROI for an Apartment Bldg or Boarding House?

[santilm00]

---

Lets say, you owned the lot, university belt and near offices.
For me, ROI could be 7 years. And i will retire without working for somebody anymore
What's ur take?

[jonz]

depends on who much you invest
your maintenance expense/month

let say
you have 20 door apartment
per room u spend 100k for construction
lot 40sqm/doorx20=800sqm+ front space = 1,500sqm thats good area already
price of lot est = 15,000/sqmX1500 = 22,500,000.00
other expenses = 100k
100kx20 = 2million
PHP 22,500,000.00
+PHP 2,000,000.00
PHP 100,000.00
___________________
PHP 24,600,000.00 total investment

24,600,000.00/5 years (its good considering TVM and depreciation of building)
=4,920,000/20doors
=246,000.00/12months
=20,500,000+labor sa tgbantay ex: PHP4,000.00/month + maintenance/door PHP 2,000.00
total projected rent/door
=PHP26,500.00/40sqmdoor kung ggmay pa dyd
=PHP13,250.00

so target rent/door is 26,500/40sqm door
just play with figures......
+ nice location+ambiance+clean+etc... features sa apartment

sample lang na not sure with real figures

[santilm00]

Grabe ka mo compute bai Jonz... libog akong kutaw da dli ma google

Pero, sobra ra tingali kaau ang "+front space" nga (1500-800)/20=35sqm, that would be 525k, enough
na na sa 2nd floor or like townhouse style apartment.

Thanks for the inputs.

[DonMarc]

hehe..ako nagpadagan ko ug boarding house. naa ba'y thread dri sa estorya about boarding houses?

[jonz]

Grabe ka mo compute bai Jonz... libog akong kutaw da dli ma google

Pero, sobra ra tingali kaau ang "+front space" nga (1500-800)/20=35sqm, that would be 525k, enough
na na sa 2nd floor or like townhouse style apartment.

Thanks for the inputs.

its numbers game mn gud....

duha gud ang mg rent taas ug ubos nya space gamay ra then assuming naa silay car bsn company car
asa mn ila i park kung walay space....or pwde pd pa rentahan ang parking space another business...

[the Messenger]

Nice thread ni. Substantial inputs.

[santilm00]

naay ky point jonz... dli man d.i pwede mag helicopter ang mu rent.

ngita pod bitaw ko ug thread DonMarc regarding boarding houses and apartment building investments.

naa koy nakuha nga nindot na lot, gkan ra gyud na sa pagpaningkamot namo intawon pag save pero i'm still doubtful on investing our hard-earned money sa pagtukod ug building ky it's like this... oi akong silingan ga apartment, ako pod himo pod ko...pinoy style ba... pero ang passive income is too tempting!

Any inputs are highly appreciated

[rsr]

hehe..ako nagpadagan ko ug boarding house. naa ba'y thread dri sa estorya about boarding houses?

ganahan sad ko ani na business pls share pa sad sa inyuhang ideas ....

[rts1980]

naay ky point jonz... dli man d.i pwede mag helicopter ang mu rent.

ngita pod bitaw ko ug thread DonMarc regarding boarding houses and apartment building investments.

naa koy nakuha nga nindot na lot, gkan ra gyud na sa pagpaningkamot namo intawon pag save pero i'm still doubtful on investing our hard-earned money sa pagtukod ug building ky it's like this... oi akong silingan ga apartment, ako pod himo pod ko...pinoy style ba... pero ang passive income is too tempting!

Any inputs are highly appreciated

actually, nindot bya na ang mag tukod ug apartment labaw na karon kay barato ang materials.. pero, if i were you, ayaw lang sa karon panahona mintras crisis kay you have to consider na daghan naglisod ron and basin nya mabakante na imu apartment nga bago tukod.. im not saying na dili nimu mabawi imung ge invest, mabawi ra na but dugay pa kaayo tungod di paka sure if naa dayon mu abang ana.. experience ra ni nako... naa man ko building and took me a while bago nako nabawi and to think wa pa to nag crisis sa suna... what more karon.. but it's really up to you if ganahan ba jud ka magtukod.. I have friends na bago ra jud natukod ilang building and bakante gehapn despite grabe kanindt sa location..

[jonz]

markteting scheme will aslo matter esp how to show your package deal when presenting to Prospect....