R99, Kaunas

Kaunas

Available for funding: €0

€365 000

168 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above. Annual fixed-return rate: 7.72% - 8.27%

This number indicates what part of the profit share you would earn when the property is sold for profit or fixed annual capital gains that would be paid when project is realised. More information can be found by scrolling below the project description. Capital Gains: 40% – 60% from profit

Shows amount you've entered for amount of your investment above. Minimum investment amount is EUR 500. Invest:: -

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above. Earn:: -

Total expected earnings: Total expected earnings:: -

Security indicates the measures that are being taken to secure your investment. Mortgage means the funds of investors are secured by mortgaging the asset in the name of investors. In case of project owner's default the mortgage of the asset would be used to recover principal investment of investors. Security:: 1st-rank Mortgage

Investment rating show the risk level assigned to the project. A = lowest risk, while D = highest risk. InRento risk scoring is based on factual data and its scoring model can be discovered transparently at the bottom of this page. Investment Rating:: B

Description
Project updates (2)

Reasons to invest in the project R99, Kaunas:

Guest house - in a strategically and convenient part of Kaunas;

The whole guest house is fully rented;

Fixed, attractive annual rental income (7.07-7.57%)

Fixed interest is indexed to inflation;

Low price per square meter, capital growth starts from - 689 €/m²;

The premises were appraised by an independent valuer at EUR 384 000;

The owner of the project is an experienced real estate administrator.

The “InRento“ team is introducing a new buy to let investment opportunity: R99, Kaunas. The investment offer consists of a guest house for employees located in an attractive part of the city, at Raudondvario pl. 99E, Kaunas.

The total area of the guest house is 529.70 m² (the price from which the profits share of capital growth is calculated for investors is 689 €/m²). The premises were renovated a few years ago, their total area consists of a conference hall, common areas, catering and laundry areas, and 16 rooms. Each room is equipped with a shower/bath and a toilet.

At the moment, all rooms are rented to an industrial company, where the employees are staying (most of them are foreigners). Photos are provided prior to the lease.

Due to its location, this real estate object is attractive both for the employees of the surrounding industrial companies and for the students of the Veterinary Academy (LSMU). Also, the guest house is only a 15-minute walk away from Kaunas Castle. This makes it possible to rent these rooms separately to individual persons. In the conservative scenario (at the rental price: € 200/month), fully leased rooms would generate € 3,200/month (annual return: 10.52%). Even in this case, it would remain one of the cheapest options in the Kaunas Vilijampolė district.

The project owner will pay a fixed annual interest (as a return on rent) to investors. The annual interest rate for investors: 7.07-7.57% depends on the amount invested (more information below). This project also has a variable capital gain potential. If the assets are sold at a higher price than they were acquired, the capital gain will be distributed proportionally between the investors, the project owner, and InRento (more information below).

The loan term is 48 months.

2023-03-14

We would like to inform you that InRento has transferred the investors the share of the profit of InRento, which is distributed on the sale of the Project Assets. Which for a number of investors has increased the amount that would be distributed in a case of profit payout. For a detailed explanation please read below.

Previously, the investor’s profit share was set based on the investment amount:

Invested up to EUR 5,000 – 40%;
Invested from EUR 5,000 EUR (inclusive) up to EUR 15,000 – 45%;
Invested from EUR 15,000 EUR (inclusive) up to EUR 30,000 – 50%;
Invested from EUR 30,000 EUR (inclusive) up to EUR 50,000 – 55%;
Invested from EUR 50,000 EUR (inclusive) – 60%.

After InRento has transferred its share of the profit, all investors’ share of the profit is equal to 60%. However, based on the amount invested, an accounting fee may be applied:

Invested up to EUR 5,000 – 0.33;
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – 0.25;
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – 0.16;
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – 0.08;
Invested from EUR 50,000 (inclusive) – 0 (investment terms have not changed).

In the case of this project, for a certain group of investors in case of profit payout, the net amount grows. Below you can find an example and comparison of how a payout of 100 EUR changes based on the previous and updated structure:

Previous structure:

Invested up to EUR 5,000 – payable profit 40 EUR = 40% * EUR 100;
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – payable profit 45 EUR = 45% * EUR 100;
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – payable profit 50 EUR = 50% * EUR 100;
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – payable profit 55 EUR = 55% * EUR 100;
Invested from EUR 50,000 (inclusive) payable profit 60 EUR = 60% * EUR 100 (investment terms have not changed).

From now:

Invested up to EUR 5,000 – payable profit 40.2 EUR = 60% * EUR 100 * (1-0.33). The amount grows.
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – payable profit 45 EUR = 60% * EUR 100 * (1-0.25). The amount has not changed.
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – payable profit 50.4 EUR = 60% * EUR 100 * (1-0.16). The amount grows.
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – payable profit 55.2 EUR = 60% * EUR 100 * (1-0.08). The amount grows.
Invested from EUR 50,000 (inclusive) payable profit 60 EUR = 60% * EUR 100 * (1-0.00). Investment terms have not changed.

We are introducing this fee in order to optimize and standardize the methodology of internal accounting procedures and resources, due to the reason the payable amounts and percentages range between projects. This is an operationally intensive process. Additionally, for every payment InRento facilitates, it pays service fees to payment services providers, and in order to ensure cash flow positive operations, a decision was taken to introduce a percentage based tariff on profit rather than gross project profit.

We would like to clarify that investors’ interest from a share of the profit to be distributed on the sale of the assets will be paid out net, which means all applicable fees will be deducted before payment.

2022-05-04

We would like to inform you, that the mortgage on the project – R99, Kaunas asset has been successfully placed (the document is attached in the documents section). The interest for the project will be distributed next month.

If you have any questions, do not hesitate to contact us at info@inrento.com or call us at +37069347427.

InRento team

R99, Kaunas

Reasons to invest in the project R99, Kaunas:

Invest in R99, Kaunas,Lithuania

Invest in R99, Kaunas,
Lithuania