We create a risk/return profile for every property at crowdhouse. For this we rely on our internal experience, analysis software and the evaluation report by Wüest & Partner
In our rating, we try to give the co-owner an aid in the form of an assessment.
Market value according to Wüest & Partner report of 8.1.2016: CHF 2'223'000
+ full rental
+ slightly above-average residential area in Bauma
+ efficient floor plans with good usability
+ well maintained construction from 1973, generally in good condition
+ ample parking
+ market value CHF 100,000 above purchase price
- limited accessibility, very rural location
- façade not insulated, rather high additional costs for tenants
- no lift, steep steps at the entrance
Qualty profile of the property according to Wüest & Partner report of 22nd October 2015:
Market matrix of the property according to Wüest & Partner report of 22nd October 2015:
Summary according to Wüest & Partner Report of January 8, 2016:
This is a typical residential property from the 1970s with a flat roof and thin walls without insulation. Kitchens and bathrooms are new or still in very good condition. In 2015, the outer shell was freshly painted, shortly before the flat roof and the photovoltaic system were replaced. Overall, the property is in good condition and has been very well maintained by the previous owner.
The estimated value of around CHF x is above our purchase price, which suggests an attractive purchase price. According to Wüest & Partner, the rental income is below that for the usual market environment and can probably be optimised upwards over the next few years. The property is in a very sound condition. The property has been very well maintained and updated by the previous owner. The necessary renovations have been carried out, thus there is no acute need for renovation within the next five to ten years, apart from possibly rehabilitation of the oil-fired heating system. We have already taken into account the rehabilitation of the oil-fired heating system in the total acquisition costs and around CHF x have already been allocated to the security fund. Accordingly, we can give this property the rating of: "Sound property with potential".