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Samenvatting Formuleblad investeren in Direct vastgoed (benodigde formules voor het tentamen) $4.26
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Samenvatting Formuleblad investeren in Direct vastgoed (benodigde formules voor het tentamen)

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Minor Beleggen in vastgoed | Hogeschool Rotterdam | Investeren in Direct vastgoed | In dit formuleblad kunt u alle formules vinden die in de hoofdstukken 1, 2, 3, 4 en 5 van het boek Real estate investment naar voren zijn gekomen. De formules zijn uitgetypt in het Nederlands toelichting.

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  • H1, h2, h3, h4 en h5
  • October 24, 2019
  • 3
  • 2019/2020
  • Summary
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Formuleblad Investeren in mDirect vastgoed



Leverage = Vreemd vermogen / Totaal vermogen



Sharpe-Ratio = (Ri – Rf) / Oi

 Ri = Rendement belegging
 Rf = Risicovrije rendement
 Oi = risico voor de belegging gemeten met de standaarddeviatie



Income return = (Y0-1) / CV0

Capital return = (CV1 – CV0) / CV0

Total return = IR + CR

óf

Total return = (Y0-1) + (CV1 – CV0) / CV0

 Y0-1 = Inkomen over een periode
 CV1 = kapitaal waarde op het einde van een periode
 CV0 = Kapitaal waarde op het begin van een periode



Vaststellen van de waarde
Optie 1 is de initial yield als prijs indicator
Initial yield = vereist rendement – inkomensgroei

Óf

Initial yield = RfR + Rp – Gr + D

Óf

Initial yield = RfR + Rp – i – Gr + D

 RfR = risicovrije rendement
 Rp = risicopremie
 i = inflatie
 Gr = huurwaardegroei
 D = afschrijving

Optie 2 is de Fisher vergelijking
Vereist rendement = reëele rente + inflatie + risicopremie

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