How have your investments in BRXS properties performed in the last quarter of 2022?
This quarter we are paying out more than €10,000 in rental income with an average rental return of 5.25% across our portfolio of properties. Below you can find all the details per property: rental income, costs and cash reserves. For our first two properties, we are conducting an independent appraisal this month and we will update the performance once this information is available.
The total net income of €3,267 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).
Cash reserves in the fourth quarter increased due to unused maintenance budget and also some money set aside to pay the municipal lease charges and city taxes.
The total net income of €2,196 corresponds to an annualised return of 3.72% on your investment. So if you invested €1,000, you should receive a pay-out of €9.3 for a full quarter (€37.2 over an entire year).
Cash reserves in the fourth quarter increased due to unused maintenance budget and also some money set aside to pay the municipal lease charges and city taxes.
The total net income of €9,804 (since 1/10/2022) corresponds to an annualised return of 5.44% on your investment. So if you invested €1,000, you should receive a pay-out of €13.6 for a full quarter (€54.4 over an entire year).
Since the property was recently purchased, a statement of cash reserves will be prepared for the next pay-out.
The total net income of €980 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).
Since the property was recently purchased, a statement of cash reserves will be prepared for the next pay-out.
BRXS is applying for a full AFM license in 2023 as it extends its activities.
