Simulateur Achat Vs Location

Achat Location
Actif Net Achat Vs Location
Prix du logement Prix M² Frais d'établissement Achat Location
Prix du logement 240,000 57 Frais d'agence 810 7.50% 800,000
Gros travaux 20,000 Autres frais 150
Prix au m² 4,561 700,000
Part estimée du prix du terrain 88,400 34% Loyer Mois Année
600,000
Prix au m² 15.79 189.47
Frais annexes liés à l'achat Loyer (hors charges) 900 10,800
500,000
Frais de notaire 18,480 7.70% Autres 40 480
Frais de dossier 0 Ratio prix / loyer 295
400,000
Frais d'agence 11,520 4.80%
Frais de caution / hypothèque 0 0.00% Placement financier de l'épargne 300,000
Autres travaux 0 Montant placé 20,000
Autres frais 500 Taux de placement net 2.00% 200,000
Epargne effective 100%
Coût d'achat du logement hors crédit Epargne mensuelle 324 100,000
Coût hors crédit 290,500 Loyer + Epargne 1,264
0
Apport Rendement brut de l'opération A1 A3 A5 A7 A 9 A 1 1 A 1 3 A 1 5 A 1 7 A 1 9 A 2 1 A 2 3 A 2 5 A 2 7 A 29
Montant de l'apport 20,000 7% (Loyer - Charges) / Prix Lgt 3.89% -100,000
Reste à financer 270,500
Marché An 1 An 2 An 3 An 4 An 5 An 6 An 7 > An 7
Conditions d'emprunt Emp 1 Emp 2 Croissance du prix du bien 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Montant emprunté 270,500 0 Croissance de la taxe foncière 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Taux hors assurance 2.30% 0.00% Croissance des revenus 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Taux de l'assurance 0.08% 0.00% Croissance des charges 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Durêt du prêt (en années) 25 25 Croissance des loyers 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Pénalités de RA (en mois) 6 0 L'achat est plus avantageux que la location si vous comptez rester au moins 3 ans dans le même logement.

Charges périodiques Mois Année Résultats de la simulation An 1 An 2 An 5 An 10 An 15 An 20 An 25 An 30

Coût Emprunt 1 1,197 14,367 Valeur du bien 265,200 270,504 287,061 316,939 349,926 386,346 426,558 470,954
Coût Emprunt 2 0 0 Trésorerie propriétaire 2 302 1,963 7,701 23,334 50,872 92,637 226,819
Charges de copropriété 0 0 Capital restant dû -265,503 -257,200 -231,072 -183,163 -129,207 -68,439 0 0
Taxe foncière 67 800 Actif net propriétaire -301 13,606 57,952 141,476 244,053 368,779 519,195 697,773
Trésorerie locataire 23,358 27,840 42,388 70,642 104,580 145,080 193,140 249,895
Entretien / Travaux €/m²/an Dépenses "cigale" 0 0 0 0 0 0 0 0
Différé (en années) 4 Actif net locataire 23,358 27,840 42,388 70,642 104,580 145,080 193,140 249,895
Entretien annuel 1,140 20 Ecart propriétaire - locataire -23,659 -14,234 15,564 70,834 139,473 223,700 326,055 447,877

Revenus et Epargne Renseignements divers An 1 An 2 An 5 An 10 An 15 An 20 An 25 An 30

Taux d'effort locataire 25.6% 25.6% 25.6% 25.5% 25.4% 25.3% 25.2% 25.2%
Salaires et autres revenus Revenu 1 Revenu 2 Taux d'effort propriétaire 34.5% 33.8% 34.3% 31.2% 28.3% 25.7% 23.4% 2.8%

Bulle Immo 02/11/2023 12:44:00

Salaire net mensuel 3,666 0 Ratio [prix / loyer] 295 295 295 295 295 295 295 295
Nombre de mois 12.0 0.0 Rendement brut indicatif 4.0% 4.0% 3.6% 3.6% 3.6% 3.7% 3.7% 3.7%
Autres revenus mensuels 0 0 Valeur du bien p/r à l'année 0 2.0% 4.0% 10.4% 21.9% 34.6% 48.6% 64.1% 81.1%
Part Logement 34.5% 34.5% Valeur du bien en années de revenu 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03

Bulle Immo 02/11/2023 12:44:00

 Graphiques complémentaires

Vs Location Ecart Actif Net Achat Vs Location Taux d'effort effectif

ation 500,000 40.0%
35.0% 34.5%
400,000
30.0%

300,000 25.0%

20.0%
200,000
15.0%

100,000 10.0%
5.0%
0 2.8%
0.0%

A25
A1
A3
A5
A7
A9
A11
A13
A15
A17
A19
A21
A23

A27
A29

A1
A3

A7
A9

A15
A17

A23
A25
A27
A5

A11
A13

A19
A21

A29
Taux d'effort propriétaire Taux d'effort locataire
-100,000

Ratio [prix / loyer] Rendement brut indicatif

1 3 5 7 9 1 3 5 7 9
A1 A1 A1 A1 A2 A2 A2 A2 A2 350 4.00%
3.95%
300 295 295 3.90%

250 3.80%

200 3.70% 3.71%

150 3.60%

100 3.50%

50 3.40%

0 3.30%
A1 A 3 A 5 A 7 A 9 A 1 1 A 1 3 A1 5 A 1 7 A 1 9 A 2 1 A 2 3 A 2 5 A 2 7 A 2 9 A 1 A 3 A 5 A 7 A 9 A 1 1 A 1 3 A 15 A 1 7 A 19 A 21 A 23 A 25 A 2 7 A 2 9

Valeur du bien p/r à l'année 0 Valeur en années de revenu

90.00% 7
80.00% 81.14%
6 6.03 6.03
70.00%
5
60.00%
50.00% 4
40.00% 3
30.00%
2
20.00%
10.00% 1

Bulle Immo 0.00% 2.00% 0 02/11/2023 12:44:00

A 1 A 3 A 5 A 7 A 9 1 1 1 3 15 1 7 1 9 2 1 2 3 2 5 2 7 2 9 A 1 A 3 A 5 A 7 A 9 11 1 3 1 5 1 7 19 2 1 2 3 2 5 27 2 9
 2
20.00%
10.00% 1
0.00% 2.00% 0
A 1 A 3 A 5 A 7 A 9 A 1 1 A 1 3 A 1 5 A 1 7 A 1 9 A 2 1 A 2 3 A 2 5 A 2 7 A2 9 A 1 A 3 A 5 A 7 A 9 A 1 1 A1 3 A 1 5 A 1 7 A 1 9 A2 1 A 2 3 A 2 5 A 2 7 A2 9

Bulle Immo 02/11/2023 12:44:00

2.92 2.76 8.0592
3.79 2.32 8.7928
2.53 2.38 6.0214
4.04 5.75 23.23

1400
800
800
600

2000

1500
 3500
500

11100
11000

22100
 1250
210
1400

CASH
BOURSO
OLIVIA
ZAMEL

EPARGNE NOV

EPARGNE DEC
VERSEMENT VOLONTAIRE
Hbibi

total
DÉJÀ
 Tableau d'amortissement des emprunts

Emprunt 1 Emprunt 2 Pénalités de RA Mensualités

Année Mois Capital Intérêts Assur Rbt K Capital Intérêts Assur Rbt K Emprunt 1 Emprunt 2 Emprunt 1 Emprunt 2
1 12 263,159 504 18 675 0 0 0 0 3,019 0 1,197 0
2 24 254,967 489 17 692 0 0 0 0 2,924 0 1,197 0
3 36 246,577 473 16 708 0 0 0 0 2,827 0 1,197 0
4 48 237,986 456 16 725 0 0 0 0 2,728 0 1,197 0
5 60 229,188 439 15 743 0 0 0 0 2,627 0 1,197 0
6 72 220,178 422 15 761 0 0 0 0 2,523 0 1,197 0
7 84 210,951 404 14 779 0 0 0 0 2,417 0 1,197 0
8 96 201,502 386 13 798 0 0 0 0 2,308 0 1,197 0
9 108 191,826 368 13 817 0 0 0 0 2,197 0 1,197 0
10 120 181,917 349 12 836 0 0 0 0 2,082 0 1,197 0
11 132 171,770 329 11 857 0 0 0 0 1,966 0 1,197 0
12 144 161,379 309 11 877 0 0 0 0 1,846 0 1,197 0
13 156 150,737 289 10 898 0 0 0 0 1,723 0 1,197 0
14 168 139,840 268 9 920 0 0 0 0 1,598 0 1,197 0
15 180 128,680 247 9 942 0 0 0 0 1,469 0 1,197 0
16 192 117,252 225 8 965 0 0 0 0 1,337 0 1,197 0
17 204 105,548 202 7 988 0 0 0 0 1,202 0 1,197 0
18 216 93,564 179 6 1,012 0 0 0 0 1,064 0 1,197 0
19 228 81,290 156 5 1,036 0 0 0 0 923 0 1,197 0
20 240 68,722 132 5 1,061 0 0 0 0 778 0 1,197 0
21 252 55,851 107 4 1,086 0 0 0 0 630 0 1,197 0
22 264 42,670 82 3 1,113 0 0 0 0 478 0 1,197 0
23 276 29,173 56 2 1,139 0 0 0 0 322 0 1,197 0
24 288 15,350 29 1 1,167 0 0 0 0 163 0 1,197 0
25 300 1,195 2 0 1,195 0 0 0 0 0 0 1,197 0
26 312 0 0 0 0 0 0 0 0 0 0 0 0
27 324 0 0 0 0 0 0 0 0 0 0 0 0
28 336 0 0 0 0 0 0 0 0 0 0 0 0
29 348 0 0 0 0 0 0 0 0 0 0 0 0
30 360 0 0 0 0 0 0 0 0 0 0 0 0

Bulle Immo 02/11/2023 12:44:01

Périodes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Marché
Croissance du prix du bien 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Croissance de la taxe foncière 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%
Croissance des revenus 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Croissance des charges 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Croissance du loyer 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Rendement financier 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%

Revenus et épargne
Revenus 1 43,992 44,872 45,769 46,685 47,618 48,571 49,542 50,533 51,544 52,575 53,626 54,699 55,792 56,908 58,047 59,207 60,392 61,599 62,831 64,088 65,370 66,677 68,011 69,371 70,758 72,174 73,617 75,089 76,591 78,123
Revenus 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Part logement s/ revenu 1 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937
Part logement s/ revenu 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Part logement totale 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937

Solution Achat
Evolution du marché immobilier 260,000
Valeur du bien 265,200 270,504 275,914 281,432 287,061 292,802 298,658 304,631 310,724 316,939 323,277 329,743 336,338 343,064 349,926 356,924 364,063 371,344 378,771 386,346 394,073 401,955 409,994 418,194 426,558 435,089 443,790 452,666 461,720 470,954
Dont valeur du terrain 90,168 91,971 93,811 95,687 97,601 99,553 101,544 103,575 105,646 107,759 109,914 112,113 114,355 116,642 118,975 121,354 123,781 126,257 128,782 131,358 133,985 136,665 139,398 142,186 145,030 147,930 150,889 153,907 156,985 160,124

Plus value
En euros 5,200 10,504 15,914 21,432 27,061 32,802 38,658 44,631 50,724 56,939 63,277 69,743 76,338 83,064 89,926 96,924 104,063 111,344 118,771 126,346 134,073 141,955 149,994 158,194 166,558 175,089 183,790 192,666 201,720 210,954
En % du prix d'achat 2.00% 3.96% 6.00% 8.08% 10.20% 12.37% 14.58% 16.83% 19.13% 21.47% 23.86% 26.30% 28.78% 31.32% 33.91% 36.55% 39.24% 41.98% 44.79% 47.64% 50.56% 53.53% 56.56% 59.65% 62.80% 66.02% 69.30% 72.65% 76.06% 79.55%

Charges récurrentes
Taxe foncière 800 808 816 824 832 841 849 858 866 875 884 893 901 910 920 929 938 947 957 966 976 986 996 1,006 1,016 1,026 1,036 1,047 1,057 1,068
Charges de copropriété 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Entretien annuel 0 0 0 0 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140 1,140

Charges non récurrentes

Frais de notaire 18,480 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Frais de dossier 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Frais d'agence 11,520 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Frais de garantie PPD 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Travaux 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Autres 500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Coût du crédit
Intérêts payés Emprunt 1 6,137 5,951 5,760 5,565 5,364 5,159 4,950 4,735 4,514 4,289 4,058 3,822 3,580 3,332 3,078 2,818 2,552 2,279 2,000 1,714 1,421 1,121 814 499 177 0 0 0 0 0
Intérêts payés Emprunt 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Coût de l'assurance Emprunt 1 213 207 200 194 187 179 172 165 157 149 141 133 125 116 107 98 89 79 70 60 49 39 28 17 6 0 0 0 0 0
Coût de l'assurance Emprunt 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Amortissements Emprunt 1 8,016 8,209 8,406 8,609 8,816 9,028 9,245 9,467 9,695 9,929 10,167 10,412 10,663 10,919 11,182 11,451 11,726 12,009 12,298 12,593 12,896 13,207 13,525 13,850 14,183 0 0 0 0 0
Amortissements Emprunt 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total annuités 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 14,367 0 0 0 0 0
Pénalités de RA Emprunt 1 3,019 2,924 2,827 2,728 2,627 2,523 2,417 2,308 2,197 2,082 1,966 1,846 1,723 1,598 1,469 1,337 1,202 1,064 923 778 630 478 322 163 0 0 0 0 0 0
Pénalités de RA Emprunt 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Trésorerie
Solde de trésorerie initial 20,000 2 302 912 1,846 1,963 2,406 3,187 4,321 5,821 7,701 9,975 12,660 15,771 19,323 23,334 27,819 32,798 38,287 44,305 50,872 58,007 65,730 74,061 83,023 92,637 117,437 143,225 170,030 197,885
- Valeur initiale du bien -260,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
- Frais initiaux -30,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
+ Emprunt initial 270,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
- Annuités -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 -14,367 0 0 0 0 0
- Charges -800 -808 -816 -824 -1,972 -1,981 -1,989 -1,998 -2,006 -2,015 -2,024 -2,033 -2,041 -2,050 -2,060 -2,069 -2,078 -2,087 -2,097 -2,106 -2,116 -2,126 -2,136 -2,146 -2,156 -2,166 -2,176 -2,187 -2,197 -2,208
+ Part des revenus 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937
= Trésorerie avant rémunération 2 299 900 1,818 1,925 2,363 3,132 4,247 5,720 7,567 9,800 12,436 15,490 18,976 22,911 27,313 32,198 37,583 43,488 49,930 56,929 64,504 72,677 81,468 90,898 115,357 140,644 166,929 194,242 222,614
+ Rémunération Trésorerie 0 3 12 27 38 43 55 74 100 134 175 224 281 347 422 506 600 704 818 942 1,078 1,225 1,384 1,555 1,739 2,080 2,581 3,102 3,643 4,205
= Trésorerie finale 2 302 912 1,846 1,963 2,406 3,187 4,321 5,821 7,701 9,975 12,660 15,771 19,323 23,334 27,819 32,798 38,287 44,305 50,872 58,007 65,730 74,061 83,023 92,637 117,437 143,225 170,030 197,885 226,819

Résultat propriétaire
Part des revenus consacrée au logement 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937
+ Produits financiers 0 3 12 27 38 43 55 74 100 134 175 224 281 347 422 506 600 704 818 942 1,078 1,225 1,384 1,555 1,739 2,080 2,581 3,102 3,643 4,205
+ Plus value de l'exercice 5,200 5,304 5,410 5,518 5,629 5,741 5,856 5,973 6,093 6,214 6,339 6,466 6,595 6,727 6,861 6,999 7,138 7,281 7,427 7,575 7,727 7,881 8,039 8,200 8,364 8,531 8,702 8,876 9,053 9,234
- Charges récurrentes -800 -808 -816 -824 -1,972 -1,981 -1,989 -1,998 -2,006 -2,015 -2,024 -2,033 -2,041 -2,050 -2,060 -2,069 -2,078 -2,087 -2,097 -2,106 -2,116 -2,126 -2,136 -2,146 -2,156 -2,166 -2,176 -2,187 -2,197 -2,208
- Charges non récurrentes -30,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
- Intérêts d'emprunt -6,137 -5,951 -5,760 -5,565 -5,364 -5,159 -4,950 -4,735 -4,514 -4,289 -4,058 -3,822 -3,580 -3,332 -3,078 -2,818 -2,552 -2,279 -2,000 -1,714 -1,421 -1,121 -814 -499 -177 0 0 0 0 0
- Assurrances -213 -207 -200 -194 -187 -179 -172 -165 -157 -149 -141 -133 -125 -116 -107 -98 -89 -79 -70 -60 -49 -39 -28 -17 -6 0 0 0 0 0
- Pénalités de RA -3,019 94 97 99 101 104 106 109 111 114 117 120 123 126 129 132 135 138 141 145 148 152 156 159 163 0 0 0 0 0
= Résultat de l'exercice -20,301 13,907 14,523 15,159 14,663 15,316 15,989 16,683 17,399 18,137 18,898 19,682 20,491 21,324 22,182 23,067 23,978 24,917 25,884 26,880 27,906 28,963 30,051 31,171 32,324 33,331 34,490 35,682 36,908 38,169
Résultat cumulé -20,301 -6,394 8,130 23,289 37,952 53,268 69,257 85,940 103,339 121,476 140,374 160,056 180,547 201,870 224,053 247,120 271,098 296,015 321,899 348,779 376,686 405,649 435,700 466,871 499,195 532,526 567,015 602,697 639,604 677,773

Bulle Immo 02/11/2023 12:44:01

Actif net
Apport initial 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Résultat cumulé -20,301 -6,394 8,130 23,289 37,952 53,268 69,257 85,940 103,339 121,476 140,374 160,056 180,547 201,870 224,053 247,120 271,098 296,015 321,899 348,779 376,686 405,649 435,700 466,871 499,195 532,526 567,015 602,697 639,604 677,773
Actif net -301 13,606 28,130 43,289 57,952 73,268 89,257 105,940 123,339 141,476 160,374 180,056 200,547 221,870 244,053 267,120 291,098 316,015 341,899 368,779 396,686 425,649 455,700 486,871 519,195 552,526 587,015 622,697 659,604 697,773
Valeur du bien 265,200 270,504 275,914 281,432 287,061 292,802 298,658 304,631 310,724 316,939 323,277 329,743 336,338 343,064 349,926 356,924 364,063 371,344 378,771 386,346 394,073 401,955 409,994 418,194 426,558 435,089 443,790 452,666 461,720 470,954
Trésorerie 2 302 912 1,846 1,963 2,406 3,187 4,321 5,821 7,701 9,975 12,660 15,771 19,323 23,334 27,819 32,798 38,287 44,305 50,872 58,007 65,730 74,061 83,023 92,637 117,437 143,225 170,030 197,885 226,819
Emprunts nets -262,484 -254,275 -245,869 -237,261 -228,445 -219,417 -210,172 -200,705 -191,009 -181,081 -170,914 -160,501 -149,839 -138,920 -127,738 -116,287 -104,560 -92,552 -80,254 -67,661 -54,764 -41,558 -28,033 -14,183 0 0 0 0 0 0
Pénalité de RA -3,019 -2,924 -2,827 -2,728 -2,627 -2,523 -2,417 -2,308 -2,197 -2,082 -1,966 -1,846 -1,723 -1,598 -1,469 -1,337 -1,202 -1,064 -923 -778 -630 -478 -322 -163 0 0 0 0 0 0
Actif net -301 13,606 28,130 43,289 57,952 73,268 89,257 105,940 123,339 141,476 160,374 180,056 200,547 221,870 244,053 267,120 291,098 316,015 341,899 368,779 396,686 425,649 455,700 486,871 519,195 552,526 587,015 622,697 659,604 697,773

Solution Location
Loyers
Loyers annuels 10,800 11,016 11,236 11,461 11,690 11,924 12,163 12,406 12,654 12,907 13,165 13,428 13,697 13,971 14,250 14,535 14,826 15,123 15,425 15,734 16,048 16,369 16,697 17,031 17,371 17,719 18,073 18,434 18,803 19,179
Loyers annuels cumulés 10,800 21,816 33,052 44,513 56,204 68,128 80,290 92,696 105,350 118,257 131,422 144,851 158,548 172,519 186,769 201,304 216,130 231,253 246,678 262,412 278,460 294,829 311,526 328,556 345,927 363,646 381,719 400,153 418,956 438,135

Charges récurrentes
Autres charges 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480 480
Autres charges cumulées 480 960 1,440 1,920 2,400 2,880 3,360 3,840 4,320 4,800 5,280 5,760 6,240 6,720 7,200 7,680 8,160 8,640 9,120 9,600 10,080 10,560 11,040 11,520 12,000 12,480 12,960 13,440 13,920 14,400

Charges non récurrentes

Frais d'agence 810 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Autres frais 150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Trésorerie
+ Part des revenus 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937
- Loyer annuel -10,800 -11,016 -11,236 -11,461 -11,690 -11,924 -12,163 -12,406 -12,654 -12,907 -13,165 -13,428 -13,697 -13,971 -14,250 -14,535 -14,826 -15,123 -15,425 -15,734 -16,048 -16,369 -16,697 -17,031 -17,371 -17,719 -18,073 -18,434 -18,803 -19,179
- Autres charges -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480
= Capacité d'épargne de l'année 3,888 3,976 4,065 4,156 4,249 4,343 4,440 4,538 4,638 4,741 4,845 4,952 5,060 5,171 5,284 5,399 5,517 5,637 5,759 5,884 6,011 6,141 6,274 6,409 6,546 6,687 6,830 6,976 7,126 7,278
Epargne effective 3,888 3,976 4,065 4,156 4,249 4,343 4,440 4,538 4,638 4,741 4,845 4,952 5,060 5,171 5,284 5,399 5,517 5,637 5,759 5,884 6,011 6,141 6,274 6,409 6,546 6,687 6,830 6,976 7,126 7,278
+ Solde de trésorerie initial 20,000 23,358 27,840 32,503 37,350 42,388 47,623 53,059 58,704 64,562 70,642 76,948 83,488 90,269 97,297 104,580 112,125 119,939 128,031 136,409 145,080 154,053 163,336 172,939 182,871 193,140 203,757 214,730 226,071 237,789
- Frais initiaux & autres frais -960 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
= Trésorerie avant rémunération 22,928 27,334 31,905 36,659 41,599 46,731 52,062 57,597 63,342 69,303 75,487 81,900 88,548 95,440 102,581 109,979 117,642 125,576 133,791 142,293 151,091 160,194 169,610 179,348 189,417 199,827 210,587 221,707 233,197 245,067
+ Rémunération Trésorerie 429 507 597 692 789 891 997 1,107 1,220 1,339 1,461 1,588 1,720 1,857 1,999 2,146 2,298 2,455 2,618 2,787 2,962 3,142 3,329 3,523 3,723 3,930 4,143 4,364 4,593 4,829
= Trésorerie finale 23,358 27,840 32,503 37,350 42,388 47,623 53,059 58,704 64,562 70,642 76,948 83,488 90,269 97,297 104,580 112,125 119,939 128,031 136,409 145,080 154,053 163,336 172,939 182,871 193,140 203,757 214,730 226,071 237,789 249,895

Résultat locataire
Part des revenus consacrée au logement 15,168 15,472 15,781 16,097 16,419 16,747 17,082 17,424 17,772 18,128 18,490 18,860 19,237 19,622 20,014 20,415 20,823 21,239 21,664 22,098 22,540 22,990 23,450 23,919 24,397 24,885 25,383 25,891 26,409 26,937
+ Produits financiers 429 507 597 692 789 891 997 1,107 1,220 1,339 1,461 1,588 1,720 1,857 1,999 2,146 2,298 2,455 2,618 2,787 2,962 3,142 3,329 3,523 3,723 3,930 4,143 4,364 4,593 4,829
- Loyers -10,800 -11,016 -11,236 -11,461 -11,690 -11,924 -12,163 -12,406 -12,654 -12,907 -13,165 -13,428 -13,697 -13,971 -14,250 -14,535 -14,826 -15,123 -15,425 -15,734 -16,048 -16,369 -16,697 -17,031 -17,371 -17,719 -18,073 -18,434 -18,803 -19,179
- Autres charges -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480 -480
- Frais "cigale" 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
- Frais initiaux -960 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
= Résultat de l'exercice 3,358 4,483 4,662 4,847 5,038 5,234 5,436 5,645 5,859 6,079 6,306 6,540 6,781 7,028 7,283 7,545 7,815 8,092 8,377 8,671 8,973 9,284 9,603 9,931 10,269 10,617 10,974 11,341 11,718 12,106
Résultat cumulé 3,358 7,840 12,503 17,350 22,388 27,623 33,059 38,704 44,562 50,642 56,948 63,488 70,269 77,297 84,580 92,125 99,939 108,031 116,409 125,080 134,053 143,336 152,939 162,871 173,140 183,757 194,730 206,071 217,789 229,895

Actif net
Apport initial 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000
Résultat cumulé 3,358 7,840 12,503 17,350 22,388 27,623 33,059 38,704 44,562 50,642 56,948 63,488 70,269 77,297 84,580 92,125 99,939 108,031 116,409 125,080 134,053 143,336 152,939 162,871 173,140 183,757 194,730 206,071 217,789 229,895
Actif net 23,358 27,840 32,503 37,350 42,388 47,623 53,059 58,704 64,562 70,642 76,948 83,488 90,269 97,297 104,580 112,125 119,939 128,031 136,409 145,080 154,053 163,336 172,939 182,871 193,140 203,757 214,730 226,071 237,789 249,895
Trésorerie 23,358 27,840 32,503 37,350 42,388 47,623 53,059 58,704 64,562 70,642 76,948 83,488 90,269 97,297 104,580 112,125 119,939 128,031 136,409 145,080 154,053 163,336 172,939 182,871 193,140 203,757 214,730 226,071 237,789 249,895
Dépenses "cigale" cumulées 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Achat Vs Loc (Actif net) A1 A2 A3 A4 A5 A6 A7 A8 A9 A10 A11 A12 A13 A14 A15 A16 A17 A18 A19 A20 A21 A22 A23 A24 A25 A26 A27 A28 A29 A30
Achat -301 13,606 28,130 43,289 57,952 73,268 89,257 105,940 123,339 141,476 160,374 180,056 200,547 221,870 244,053 267,120 291,098 316,015 341,899 368,779 396,686 425,649 455,700 486,871 519,195 552,526 587,015 622,697 659,604 697,773
Location 23,358 27,840 32,503 37,350 42,388 47,623 53,059 58,704 64,562 70,642 76,948 83,488 90,269 97,297 104,580 112,125 119,939 128,031 136,409 145,080 154,053 163,336 172,939 182,871 193,140 203,757 214,730 226,071 237,789 249,895
Ecart (Achat - Location) -23,659 -14,234 -4,373 5,939 15,564 25,645 36,197 47,236 58,776 70,834 83,426 96,568 110,278 124,574 139,473 154,995 171,158 187,984 205,490 223,700 242,633 262,312 282,760 304,000 326,055 348,769 372,285 396,626 421,815 447,877
Ecart absolu 23,659 14,234 4,373 5,939 15,564 25,645 36,197 47,236 58,776 70,834 83,426 96,568 110,278 124,574 139,473 154,995 171,158 187,984 205,490 223,700 242,633 262,312 282,760 304,000 326,055 348,769 372,285 396,626 421,815 447,877
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Valeur positive 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Résultats
Point Mort 3 Ans

Divers
Ratio Prix / Loyer 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295 295
Taux d'effort locataire 25.6% 25.6% 25.6% 25.6% 25.6% 25.5% 25.5% 25.5% 25.5% 25.5% 25.5% 25.4% 25.4% 25.4% 25.4% 25.4% 25.3% 25.3% 25.3% 25.3% 25.3% 25.3% 25.3% 25.2% 25.2% 25.2% 25.2% 25.2% 25.2% 25.2%
Taux d'effort propriétaire 34.5% 33.8% 33.2% 32.5% 34.3% 33.7% 33.0% 32.4% 31.8% 31.2% 30.6% 30.0% 29.4% 28.9% 28.3% 27.8% 27.2% 26.7% 26.2% 25.7% 25.2% 24.7% 24.3% 23.8% 23.4% 3.0% 3.0% 2.9% 2.9% 2.8%
Rendement brut indicatif 3.95% 3.95% 3.95% 3.95% 3.55% 3.56% 3.57% 3.57% 3.58% 3.59% 3.59% 3.60% 3.61% 3.61% 3.62% 3.63% 3.63% 3.64% 3.65% 3.65% 3.66% 3.66% 3.67% 3.67% 3.68% 3.68% 3.69% 3.70% 3.70% 3.71%
Coefficient inflation 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000
Coefficient valeur du bien 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1.346 1.373 1.400 1.428 1.457 1.486 1.516 1.546 1.577 1.608 1.641 1.673 1.707 1.741 1.776 1.811
Evolution de la valeur du bien p/r à N0 2.00% 4.04% 6.12% 8.24% 10.41% 12.62% 14.87% 17.17% 19.51% 21.90% 24.34% 26.82% 29.36% 31.95% 34.59% 37.28% 40.02% 42.82% 45.68% 48.59% 51.57% 54.60% 57.69% 60.84% 64.06% 67.34% 70.69% 74.10% 77.58% 81.14%

Bulle Immo 02/11/2023 12:44:01

Valeur du bien en années de revenu 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03 6.03

Prix au m² (P) 4,653 4,746 4,841 4,937 5,036 5,137 5,240 5,344 5,451 5,560 5,672 5,785 5,901 6,019 6,139 6,262 6,387 6,515 6,645 6,778 6,914 7,052 7,193 7,337 7,483 7,633 7,786 7,942 8,100 8,262
Loyer au m² (D) 198 202 206 209 214 218 222 226 230 235 239 244 249 254 258 263 269 274 279 284 290 296 301 307 313 319 325 332 338 345
Rendement nominal obligation 10 ans (i) 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% 2.50%
Taux de croissance des loyers (G) 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% #NUM!
Prime de risque Gordon Shapiro 3.75% 3.75% 3.75% 3.74% 3.74% 3.74% 3.73% 3.73% 3.73% 3.72% 3.72% 3.72% 3.72% 3.71% 3.71% 3.71% 3.70% 3.70% 3.70% 3.70% 3.69% 3.69% 3.69% 3.69% 3.68% 3.68% 3.68% 3.68% 3.68% #NUM!

Bulle Immo 02/11/2023 12:44:01

 Bilans et Comptes de Résultat Annuels
Provision Provision
Valeur Solde de Résultats Pénalités Rbt Total Pénalités Total Produits Total Résultat de
Année Initiale +/- value Trésorerie Total Actif Apport cumulés RA Emprunts Emprunts Passif Charges Assurances Honoraires RA Intérêts Charges Revenus Financiers +/- value Produits l'exercice
0 260,000 0 0 260,000 20,000 -30,500 0 270,500 260,000 0 0 30,500 0 0 30,500 0 0 0 - - 30,500
1 260,000 5,200 2 265,202 20,000 -20,301 3,019 270,500 -8,016 265,202 800 213 3,019 6,137 10,169 15,168 0 5,200 20,368 10,199
2 260,000 10,504 302 270,806 20,000 -6,394 2,924 270,500 -16,225 270,806 808 207 -94 5,951 6,872 15,472 3 5,304 20,779 13,907
3 260,000 15,914 912 276,826 20,000 8,130 2,827 270,500 -24,631 276,826 816 200 -97 5,760 6,680 15,781 12 5,410 21,203 14,523
4 260,000 21,432 1,846 283,278 20,000 23,289 2,728 270,500 -33,239 283,278 824 194 -99 5,565 6,483 16,097 27 5,518 21,642 15,159
5 260,000 27,061 1,963 289,024 20,000 37,952 2,627 270,500 -42,055 289,024 1,972 187 -101 5,364 7,422 16,419 38 5,629 22,085 14,663
6 260,000 32,802 2,406 295,208 20,000 53,268 2,523 270,500 -51,083 295,208 1,981 179 -104 5,159 7,216 16,747 43 5,741 22,532 15,316
7 260,000 38,658 3,187 301,846 20,000 69,257 2,417 270,500 -60,328 301,846 1,989 172 -106 4,950 7,005 17,082 55 5,856 22,994 15,989
8 260,000 44,631 4,321 308,953 20,000 85,940 2,308 270,500 -69,795 308,953 1,998 165 -109 4,735 6,788 17,424 74 5,973 23,471 16,683
9 260,000 50,724 5,821 316,545 20,000 103,339 2,197 270,500 -79,491 316,545 2,006 157 -111 4,514 6,566 17,772 100 6,093 23,965 17,399
10 260,000 56,939 7,701 324,639 20,000 121,476 2,082 270,500 -89,419 324,639 2,015 149 -114 4,289 6,339 18,128 134 6,214 24,476 18,137
11 260,000 63,277 9,975 333,253 20,000 140,374 1,966 270,500 -99,586 333,253 2,024 141 -117 4,058 6,106 18,490 175 6,339 25,004 18,898
12 260,000 69,743 12,660 342,403 20,000 160,056 1,846 270,500 -109,999 342,403 2,033 133 -120 3,822 5,867 18,860 224 6,466 25,550 19,682
13 260,000 76,338 15,771 352,109 20,000 180,547 1,723 270,500 -120,661 352,109 2,041 125 -123 3,580 5,623 19,237 281 6,595 26,114 20,491
14 260,000 83,064 19,323 362,388 20,000 201,870 1,598 270,500 -131,580 362,388 2,050 116 -126 3,332 5,372 19,622 347 6,727 26,696 21,324
15 260,000 89,926 23,334 373,260 20,000 224,053 1,469 270,500 -142,762 373,260 2,060 107 -129 3,078 5,116 20,014 422 6,861 27,298 22,182
16 260,000 96,924 27,819 384,744 20,000 247,120 1,337 270,500 -154,213 384,744 2,069 98 -132 2,818 4,853 20,415 506 6,999 27,920 23,067
17 260,000 104,063 32,798 396,861 20,000 271,098 1,202 270,500 -165,940 396,861 2,078 89 -135 2,552 4,583 20,823 600 7,138 28,562 23,978
18 260,000 111,344 38,287 409,631 20,000 296,015 1,064 270,500 -177,948 409,631 2,087 79 -138 2,279 4,307 21,239 704 7,281 29,225 24,917
19 260,000 118,771 44,305 423,076 20,000 321,899 923 270,500 -190,246 423,076 2,097 70 -141 2,000 4,025 21,664 818 7,427 29,909 25,884
20 260,000 126,346 50,872 437,218 20,000 348,779 778 270,500 -202,839 437,218 2,106 60 -145 1,714 3,735 22,098 942 7,575 30,615 26,880
21 260,000 134,073 58,007 452,080 20,000 376,686 630 270,500 -215,736 452,080 2,116 49 -148 1,421 3,438 22,540 1,078 7,727 31,344 27,906
22 260,000 141,955 65,730 467,684 20,000 405,649 478 270,500 -228,942 467,684 2,126 39 -152 1,121 3,134 22,990 1,225 7,881 32,097 28,963
23 260,000 149,994 74,061 484,055 20,000 435,700 322 270,500 -242,467 484,055 2,136 28 -156 814 2,822 23,450 1,384 8,039 32,873 30,051
24 260,000 158,194 83,023 501,217 20,000 466,871 163 270,500 -256,317 501,217 2,146 17 -159 499 2,503 23,919 1,555 8,200 33,674 31,171
25 260,000 166,558 92,637 519,195 20,000 499,195 0 270,500 -270,500 519,195 2,156 6 -163 177 2,176 24,397 1,739 8,364 34,501 32,324
26 260,000 175,089 117,437 552,526 20,000 532,526 0 270,500 -270,500 552,526 2,166 0 0 0 2,166 24,885 2,080 8,531 35,497 33,331
27 260,000 183,790 143,225 587,015 20,000 567,015 0 270,500 -270,500 587,015 2,176 0 0 0 2,176 25,383 2,581 8,702 36,666 34,490
28 260,000 192,666 170,030 622,697 20,000 602,697 0 270,500 -270,500 622,697 2,187 0 0 0 2,187 25,891 3,102 8,876 37,868 35,682
29 260,000 201,720 197,885 659,604 20,000 639,604 0 270,500 -270,500 659,604 2,197 0 0 0 2,197 26,409 3,643 9,053 39,105 36,908
30 260,000 210,954 226,819 697,773 20,000 677,773 0 270,500 -270,500 697,773 2,208 0 0 0 2,208 26,937 4,205 9,234 40,376 38,169

Bulle Immo 02/11/2023 12:44:01