¿Cuáles son los mejores ratios financieros para evaluar el rendimiento de la propiedad?

NOI is a good way to evaluate the performance, however it is not corelated with the initial investment, so that it cannot give an image of the efficiency of capital invested.

Capitalization Rate (Cap Rate) is a crucial financial ratio for evaluating property performance. A higher Cap Rate indicates potentially higher returns and greater risk. Additionally, the Debt Service Coverage Ratio (DSCR) assesses a property's ability to cover debt payments, with a ratio above 1 indicating healthy cash flow. The Gross Rent Multiplier (GRM) helps assess the property's affordability and is calculated by dividing the property's price by its gross rental income. A lower GRM is generally favorable. Overall, these ratios provide insights into income generation, operating efficiency, and financial viability, aiding investors in making informed decisions about property investments.

Cap rate arguably one of the best methods to evaluate property performance. As it helps investors quickly assess the potential return on an investment property, especially when comparing multiple properties or making initial assessments about potential acquisitions.

Cap rate is specific to each market, it 's rather a method to find out the market value of a property, not a method to determine the performance of the asset.

Cash on Cash Return is a simple, yet effective ratio which can be used to evaluate performance of a real estate asset. It is easy to understand by Investors as it exactly provides "the annual return on the actual cash invested in the project". The Investors are thus able to understand how much cashflow a real estate asset has generated relative to the amount of cash Invested initially.

From investor's perspective this is best method to assess the performance of an asset. Cash is a fundamental value which drives most of the investments. CoC gives a comprehensive picture of the efficiency of the capital invested.

Cash on Cash Return (CoC) is a crucial financial ratio for evaluating property performance. It assesses the cash generated relative to the initial investment. Net Operating Income (NOI) is vital, representing income minus operating expenses. A higher Cap Rate suggests greater profitability. Loan-to-Value Ratio (LTV) is crucial, expressing the mortgage amount as a percentage of the property value. A lower LTV implies less financial risk. Furthermore, Debt Service Coverage Ratio (DSCR) assesses a property's ability to cover debt payments, with a ratio above 1 signaling financial stability. These ratios collectively provide a comprehensive view of a property's financial health and suitability for investment.

A very important ratio. It is a little similar to cash on cash return, but places more focus on how well the property covers financing cost, it is the lens through which your lender is looking at your property through. As the lender is a major stakeholder in most real estate transactions, it is important to keep an eye on DSCR.

Los mejores ratios para evaluar el rendimiento de una buena gestión de la propiedad son una buena performance en ventas, en recuperación de posesión y en la judicialización de carteras de deuda. En la gestión de propiedades inmobiliarias hay que tener en cuenta el flujo del proceso de gestión de activos y que los tenedores obtienen su máxima rentabilidad en la fase de conversión a REO para posteriormente poder comercializarlos libremente en régimen de alquiler o venta. La máxima rentabilidad del activo adjudicado (Real Estate Owned) se obtiene cuando: - está libre de cargas (fiscales y registrales) - se conoce su situación ocupacional y posesoria. - no existen trabas que dificulten su puesta en comercialización.