Soluciones inmobiliarias TM S.A.S.

Abstract

The present work aims to evaluate the project of implementing a real estate firm that aims to serve users in the city of Bogotá, overcoming the mistakes made by traditional real estate companies in terms of good treatment and transparency in business. Like any business plan, the starting point is to study the market to define the segment to be served. In our case, the initial market will be the city of Bogotá and in particular the towns of: Chapinero, Teusaquillo, Barrios Unidos, Usaquén and Suba. This study is carried out using primary and secondary information, which validates the existence of a market for Soluciones Inmobiliarias TM S.A.S. The next step is to evaluate the operational aspect of the project. For this purpose, the operating process of the real estate is displayed and the initial investment required for its operation is defined. In $ 61'000,000, which will be obtained as follows: $ 25,000,000 for the contribution of the 3 partners and $ 36,000,000 with bank credit for 60 months and an interest rate of 2% per month. According to the figures obtained in the financial study, the operational equilibrium point is achieved in month 8 with a total of 45 acquisitions of properties for lease, a placement of 16 and the financial equilibrium point is achieved in month 11 since This month the $ 61,000,000 initially invested remains in cash Once the operational part and preparation of the projected financial statements have been defined, which include: cash flow, free cash flow, balance sheet and income statement, the profitability of the project is calculated using the calculated net present value as evaluation tools. in $ 118,166,333, IRR calculated at 80%, ROE calculated at 85% in the first fiscal period and 447% in the second fiscal period, ROA calculated at 31% in the first fiscal period and 149% in the second fiscal period, and the EVA calculated at $ 12,625,680 in the first fiscal period and $ 367,588,525 in the second fiscal period. Based on this evaluation, it is concluded that the project is profitable, subject to a series of risks that will be considered in the content of the work.