How have your investments in BRXS properties performed in the second quarter of 2023?
This quarter we are paying out €30,303 in rental income with an average rental return of 5.1% across our portfolio of properties. Below you can find all the details per property: rental income, costs and cash reserves.
Landlust, Amsterdam
Overview Rental income
The total net income of €3,417 corresponds to an annualised return of 5.4% on your investment. So if you invested €1,000, you should receive a pay-out of €13.5 for a full quarter (€54 over an entire year).
Overview Cash reserves
Extra details
- There were no maintenance costs in Q2 2023
- There was the payment of the municipal lease for the first 6 months of 2023 to the city of Amsterdam
Buitenveldert, Amsterdam
Overview Rental income
The total net income of €2,388 corresponds to an annualised return of 4% on your investment. So if you invested €1,000, you should receive a pay-out of €10 for a full quarter (€40 over an entire year).
Overview Cash reserves
Extra details
- Rent increased by 4.3% due to yearly indexation, leading to an increase of the annual rental yield on your investment from 3.7% to 4%.
- There were no maintenance costs in Q2 2023
Wippolder, Delft
Overview Rental income
The total net income of €9,963 corresponds to an annualised return of 5.5% on your investment.
Overview Cash reserves
Extra details
- Starting mid August, new tenants are moving in and the rent will be increased by 4% due to yearly indexation, leading to an increase of the annual rental yield on your investment from 5.4% to 5.6%.
Hillesluis, Rotterdam
Overview Rental income
The total net income of €5,691 corresponds to an annualised return of 5.2% on your investment. So if you invested €1,000, you should receive a pay-out of €13 for a full quarter (€52 over an entire year).
Overview Cash reserves
Extra details
- A window leaking issue was fixed for which the maintenance reserves were used.
- Payment of the yearly taxes to the city of Rotterdam
Rivierenbuurt-Noord, Den Haag
Overview Rental income
The total net income of €6,545 corresponds to an annualised return of 5.2% on your investment.
Overview Cash reserves
Extra details
- Starting mid August, new tenants are moving in and the rent will be increased by 4% due to yearly indexation, leading to an increase of the annual rental yield on your investment from 5.1% to 5.3%.
Oosterpark, Amsterdam
Overview Rental income
The total net income of €7,749 corresponds to an annualised return of 4.8% on your investment.
Overview Cash reserves
Since the property was recently purchased, a statement of cash reserves will be prepared for the next pay-out
Extra details
- Rent started from 1/6/2023 so Q2 ’23 only has one month of earnings.
