2069062.

5
Flujo de Caja Proyecto - Escenario Ácido Mar-17 Apr-17 May-17
Descripción Total Preventa 1 Preventa 2 Preventa 3
INGRESOS
Pre Venta (5 Dptos Flats) 2,069,063 1 1 1
Cuota Inicial (10%) 206,906
Crédito Hipotecario Regular 1,862,156

Pre Venta (1 Dptos Duplex) 609,500

Cuota Inicial (10%) 60,950
Crédito Hipotecario Regular 548,550

Post Venta (11 Dptos Flats) 4,551,938

Cuota Inicial (10%) 455,194
Crédito Hipotecario Regular 4,096,744

Post Venta (3 Dptos Duplex) 1,828,500

Cuota Inicial (10%) 182,850
Crédito Hipotecario Regular 1,645,650

TOTAL INGRESOS (incl. IGV) 9,059,000 0

EGRESOS
Terreno 2,576,669 2,576,669
Costo de Obra 4,380,607
CONSTRUCCIÓN 3,343,259
GASTOS GENERALES Y UTILIDADES 369,119
IGV CONSTRUCTORA 668,228
Costos de Desarrollo y Promotora 304,520 114,397
COSTOS DE DESARROLLO DE PROYECTO 57,190 57,190
COSTOS DE TRAMITES MUNICIPALES Y REGISTRALES 48,438 20,000
COSTOS DE LA PROMOTORA (OPERATIVOS Y ADM) 68,316
COSTOS DE LA PROMOTORA PUBLICIDAD Y VENTAS 56,163
ESTRUCTURACIÓN Y GERENCIAMIENTO 54,354 27,177
OTROS 20,060 10,030
TOTAL EGRESOS (incl. IGV) 7,261,795 2,691,065
FLUJO OPERATIVO 1,797,205 -2,691,065 0 0
GASTOS FINANCIEROS 174,843
COMISIÓN DE ESTRUCTURACIÓN 20,000
Comisión Extraordinaria
SUPERVISIÓN 7,384
FLUJO FINANCIERO 1,594,977 -2,691,065 0 0
APORTE PROMOTORA TERRENO 1,326,669 1,326,669
APORTE PROMOTORA CD 334,512
APORTE PROMOTORA CI 331,904 114,397
FINANCIAMIENTO IBK TERRENO 1,250,000 1,250,000
FINANCIAMIENTO IBK WC CD 1,367,532
PERIODO DE REPAGO TERRENO -1,250,000
PERIODO DE REPAGO KW -1,367,532
FINANCIAMIENTO ACUMULADO 2,617,532 1,250,000 1,250,000 1,250,000
SALDO FINAL CAJA 3,588,062 0 0 0
SALDO ACUMULADO CAJA 3,588,062 0 0 0

Gastos Financieros
TEA 6%
TEM 0.49% 6,084 6,084 6,084

2,678,563
4,380,607
61%
 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18
Preventa 4 Preventa 5 Preventa 6 mes 1 mes 2 mes 3 mes 4 mes 5

1 1
82,763 41,381 41,381 41,381
744,863 372,431 372,431

1
60,950
548,550

82,763 786,244 413,813 433,381 589,931

1,269 47,605 285,638 459,703 790,766

968 36,332 217,998 350,844 603,509
107 4,011 24,068 38,736 66,632
194 7,262 43,572 70,124 120,625
12,638 12,638 12,638 12,638 12,638

5,693 5,693 5,693 5,693 5,693

4,680 4,680 4,680 4,680 4,680
2,265 2,265 2,265 2,265 2,265

13,906 60,243 298,276 472,341 803,404

0 0 0 68,856 726,001 115,536 -38,960 -213,473

20,000

615 615 615 615 615

0 0 0 48,241 725,385 114,921 -39,575 -214,088

1,269 47,605 285,638

33,253 13,253 13,253 13,253 13,253
1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000
0 82,763 786,244 413,813 -26,322 -200,835
0 82,762 869,006 1,282,819 1,256,497 1,055,662

6,084 6,084 6,084 6,084 6,084 6,084 6,084 6,084

557600 2,019,069
2,576,669 510850

51.5% 0
7.6% 0
100.0% 0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,615,037
1,615,037
0.00
Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18
mes 6 mes 7 mes 8 mes 9 mes 10 mes 11 mes 12 mes 13

372,431

1
41,381

372,431 0 0 0 0 0 0 41,381

870,634 658,904 488,955 305,689 182,929 165,681 122,834

664,464 502,872 373,168 233,301 139,611 126,447 93,746
73,361 55,521 41,200 25,758 15,414 13,961 10,350
132,809 100,511 74,586 46,631 27,904 25,273 18,737
12,638 12,638 12,638 12,638 12,638 12,638 51,105

28,438
5,693 5,693 5,693 5,693 5,693 5,693 5,693
4,680 4,680 4,680 4,680 4,680 4,680 4,680
2,265 2,265 2,265 2,265 2,265 2,265 2,265
10,030
883,272 671,542 501,593 318,327 195,567 178,319 173,939
-510,840 -671,542 -501,593 -318,327 -195,567 -178,319 -173,939 41,381

615 615 615 615 615 615 615

-511,456 -672,157 -502,208 -318,942 -196,183 -178,934 -174,554 41,381
0 0

13,253 13,253 13,253 13,253 13,253 13,253 51,721 0

 105,000 490,000 305,000 185,000 165,000 117,532

1,250,000 1,355,000 1,845,000 2,150,000 2,335,000 2,500,000 2,617,532 2,617,532

-498,202 -553,904 1,045 -689 2,071 -681 -5,302 41,381
557,459 3,555 4,601 3,911 5,982 5,302 0 41,381

6,084 6,596 8,981 10,465 11,366 12,169 12,741 12,741

10,688,947

0
105,000
Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19
mes 14 mes 15 mes 16 mes 17 mes 18 mes 19 mes 20 mes 21

1 1 1 1 1 1 1 2
41,381 41,381 41,381 41,381 41,381 41,381 41,381 82,763
372,431 372,431 372,431 372,431 372,431 372,431 372,431 372,431

1 1
60,950 60,950
548,550 548,550

413,813 474,763 962,363 474,763 962,363 413,813 413,813 455,194

0 0 0 0 0 0 0
413,813 474,763 962,363 474,763 962,363 413,813 413,813 455,194
148,071 11,281 9,042 4,369 2,081 0 0 0

265,741 463,482 953,321 470,394 960,281 413,813 413,813 455,194

0 0 0 0 0 0 0 0
-300,000 -460,000 -490,000
-470,000 -470,000 -427,532
2,317,532 1,857,532 897,532 427,532 0 0 0 0
-34,259 3,482 -6,679 394 532,749 413,813 413,813 455,194
7,123 10,604 3,925 4,319 537,068 950,881 1,364,693 1,819,887

11,281 9,042 4,369 2,081 0 0 0 0

Jun-19 Jul-19 Aug-19
mes 22 mes 23 mes 24

1
41,381
744,863 372,431

1
60,950
548,550

786,244 433,381 548,550

0 0 0
786,244 433,381 548,550
0 0 0

786,244 433,381 548,550

0 0 0
 0 0 0
786,244 433,381 548,550
2,606,131 3,039,512 3,588,062

0 0 0
ESTRUCTURA DE FINANCIAMIENTO
CONCEPTO INVERSION TOTAL APORTE PROPIO
TERRENO 2,576,669 1,326,669
COSTO DIRECTO CONSTRUCCION 4,380,607 334,512
COSTO INDIRECTO CONSTRUCCION 311,845 311,845

CONSTRUCCIÓN 3,343,259 255,298

GASTOS GENERALES Y UTILIDADES 369,119 28,187
IGV CONSTRUCTORA 668,228 51,027

COSTOS DE DESARROLLO DE PROYECTO 57,190 57,190

COSTOS DE TRAMITES MUNICIPALES Y REGISTRALES 48,438 48,438
COSTOS DE LA PROMOTORA (OPERATIVOS Y ADM) 68,316 68,316
COSTOS DE LA PROMOTORA PUBLICIDAD Y VENTAS 56,163 56,163
ESTRUCTURACIÓN Y GERENCIAMIENTO 54,354 54,354
COMISIÓN DE ESTRUCTURACIÓN 20,000 20,000
SUPERVISIÓN 7,384 7,384
INVERSION TOTAL SOLES 7,269,120 1,973,025
% 100% 27.1%
GASTOS FINANCIEROS 174,843
IMPUESTO A LA RENTA 476,436
COSTO TOTAL SOLES 7,920,399 1,973,025
100% 25%
FINANC. REQUERIDO PREVENTAS 30%
1,250,000
1,367,532 2,678,563

1,043,694 2,044,267
115,231 225,701
208,607 408,594

2,617,532 2,678,563
36.0% 36.8%
174,843
476,436
3,268,811 2,678,563
41% 34%