Financial performance of the BRXS rental properties in Q1 2023

Landlust, Amsterdam

Overview Rental income

The total net income of €3,427 corresponds to an annualised return of 5.44% on your investment. So if you invested €1,000, you should receive a pay-out of €13.5 for a full quarter (€54 over an entire year).

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Overview cash reserves

Cash reserves in the first quarter increased due to some money set aside to pay the municipal lease charges and city taxes.

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Extra details

• In January 2023, the indexation was applied to the rent and it has gone up to 2.3%. Also maintenance and property management were indexed, leading to an increased expected yield of 5.44% (compared to 5.2% last year)
• Maintenance: A new dishwasher was installed for €632.

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Buitenveldert, Amsterdam

Overview Rental income

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).

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Overview cash reserves

Cash reserves in the first quarter increased due to unused maintenance budget and also some money set aside to pay the municipal lease charges and city taxes.

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Extra details‍

• From April 2023, rent will be increased by 4.1%
• Maintenance: a repair has been done to the heating system for €266.

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Wippolder, Delft

Overview Rental income

The total net income of €9,804 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).

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Overview cash reserves

Cash reserves in the first quarter increased due to unused maintenance budget.

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Extra details‍

• No specific updates

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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).

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Overview cash reserves

Cash reserves in the first quarter increased due to unused maintenance budget.

Extra details‍

• No specific updates

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Rivierenbuurt-Noord, Den Haag

Overview Rental income

The total net return of €6,417 corresponds to an annualized rental yield of 5.15% on your investment. So if you invested €1,000, you should receive, for a full quarter, a distribution of €12.9 (€51.5 annualized).

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Overview cash reserves

Since the property was recently purchased, a statement of cash reserves will be prepared for the next pay-out.

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Extra details‍

• Renovations to energy label A (paid for by the seller) were completed in January.

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Note that if your total payout was less than €1, we will save your payout and add it to the next payout in early July.

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