Valuation for apartment - Property - Wazua

Welcome Guest

Search | Active Topics | Log In | Register

Wazua » Investor » Property » Valuation for apartment

Valuation for apartment

Options

Previous Topic · Next Topic

Andre2000		#1 Posted : Wednesday, February 23, 2022 5:54:30 PM
Rank: New-farer Joined: 9/25/2017 Posts: 15 Location: London UK		Hi Could anyone give an indication of cost for a simple Valuation of a 2 Bed apartment. Also this apartment makes approx 220k per month via Airbnb This would be included in the valuation. Andre
Back to top		Report Abusive \| Report SPAM
User Profile

Jon Jones		#2 Posted : Thursday, February 24, 2022 1:35:47 AM
Rank: Member Joined: 9/11/2015 Posts: 244 Location: Thika		Ignore Airbnb figures. I have a crude way of valuing residential property. Monthly rent (not airbnb) = R Value of apartment = R * 200 *Since men have learned to shoot without missing, I have learned to fly without perching*
Back to top		WWW Report Abusive \| Report SPAM
User Profile

VituVingiSana		#3 Posted : Thursday, February 24, 2022 1:55:30 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi		Jon Jones wrote: Ignore Airbnb figures. I have a crude way of valuing residential property. Monthly rent (not airbnb) = R Value of apartment = R * 200 Assuming R is net of all costs (net rent) but BEFORE depreciation, taxes, etc then it's a 6% yield which seems the norm. Meanwhile the 19yr T-Bond is paying 13% after taxes though there's no inflation adjustment but the "excess" 7% can be reinvested. Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM
User Profile

Swenani		#4 Posted : Thursday, February 24, 2022 4:41:42 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		VituVingiSana wrote: Jon Jones wrote: Ignore Airbnb figures. I have a crude way of valuing residential property. Monthly rent (not airbnb) = R Value of apartment = R * 200 Assuming R is net of all costs (net rent) but BEFORE depreciation, taxes, etc then it's a 6% yield which seems the norm. Meanwhile the 19yr T-Bond is paying 13% after taxes though there's no inflation adjustment but the "excess" 7% can be reinvested. Have you factored the capital gains on the property in the 6% calculation? If Obiero did it, Who Am I?
Back to top		WWW Report Abusive \| Report SPAM
User Profile

VituVingiSana		#5 Posted : Friday, February 25, 2022 1:56:21 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi		Swenani wrote: VituVingiSana wrote: Jon Jones wrote: Ignore Airbnb figures. I have a crude way of valuing residential property. Monthly rent (not airbnb) = R Value of apartment = R * 200 Assuming R is net of all costs (net rent) but BEFORE depreciation, taxes, etc then it's a 6% yield which seems the norm. Meanwhile the 19yr T-Bond is paying 13% after taxes though there's no inflation adjustment but the "excess" 7% can be reinvested. Have you factored the capital gains on the property in the 6% calculation? I know English came by ship but surely you can read "net rent" up there. Since when does rent include capital gains? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM \| Edit by user: Friday, February 25, 2022 10:40 AM \| Reason: Not specified
User Profile

Andre2000		#6 Posted : Wednesday, April 06, 2022 12:54:55 AM
Rank: New-farer Joined: 9/25/2017 Posts: 15 Location: London UK		Jon Jones wrote: Ignore Airbnb figures. I have a crude way of valuing residential property. Monthly rent (not airbnb) = R Value of apartment = R * 200 Seems about right!! TA
Back to top		Report Abusive \| Report SPAM
User Profile

My 2 cents		#7 Posted : Thursday, April 07, 2022 7:47:44 PM
Rank: Veteran Joined: 6/2/2010 Posts: 1,066		Recently sold a flat and this math worked out PERFECTLY. Sale price was 200 times the monthly rent I was getting. (Though the most recent rent factored in a pandemic discount) Sold because am not cut out to be a landlord. Bought shares instead. Dividend on the said shares are 2.5 times the rent I was getting on the flat. All without the hustles involved with being a landlord.
Back to top		Report Abusive \| Report SPAM
User Profile

Users browsing this topic
Guest

Wazua » Investor » Property » Valuation for apartment

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Email this topic
Print this topic
RSS Feed

Normal
Threaded