CASH FLOW ASSUMPTIONS
1.1 Income Rent:
The company rents the condos that were sold to entrepreneurs, executives, or persons in transit for short periods.Rents for small condominiums may be furnished monthly $ 1,200.00 $ 800.00 per month unfurnished. The large condominiums are rented monthly at $ 1,500.00 $ 1,000.00 furnished and unfurnished.
1.2 Saleof Condominiums:
Mana Condominio currently has seven fully finished condominiums, four under construction and has 15 units per building. The small condo prices go in the $ 140,000.00 and $ 160,000.00large. Every two months is expected to be selling a condo in the first year and maintain a single profile for the next years to sell all the units in the next five years.
The company offers professional services revenue by processing data at two companies in Indiana, USA. Is billed monthly for the first year the sum of $ 4,000.00 and will be maintained throughthe period under study.
1.4 Loans from National Bank of Costa Rica:
The company has two operations with the Banco Nacional de Costa Rica which debt is estimated at $ 310,000.00 while applying fora loan in the amount of $ 1.200.000.00 for the construction of the towers 8, 9 and 10. This will have a total credit of $ 1.788.265.00 and would have 19 condos recorded with an amount of $ 94.119.21each. It estimates a 7% interest for each month under study.
OPERATING COSTS AND EXPENSES:
Wages: In the week 1, the monthly return for the cash flow is the sum of $1,500.00 and will increase by 10% in the month of July 2011.
Social charges: It reflects the 26.17% of the amount of staff salaries.
Professional Fees: The fees reflect external consultants, legalservices, accounting and management by the sum of $ 3.000.00 per month and will increase by 1% for all months in the studio.
Building Maintenance: Building a maintenance fee to the developer in the...