MARKETING

COSTO DE: COSTO PARCIAL (MENSUAL)

OFICINA S/2,000.00
CARPAS S/500.00
PAGINA WEB S/400.00
FACEBOOK S/0.00
TWITTER S/0.00
WHATSAPP S/0.00
VOLANTEO S/400.00
TARJETAS S/180.00
DIRECTOR DE MARKETING S/1,000.00
PERSONAL DE CARPA S/500.00
PERSONAL DE OFICINA S/1,200.00
PERSONAL DE VOLANTEO S/500.00
COSTO MATERIALES DE OFICINA S/10,041.85
COSTO INSUMOS DE OFICINA S/1,479.33
JUEGO DE SALA S/1,899.00
TOTAL=
MARKETING
COSTO TOTAL DURANTE TODO PERIODO DE OBSERVACION
VENTAS (14 MESES)

S/24,000.00 12 MESES
S/500.00
S/400.00
S/0.00
S/0.00
S/0.00
S/4,000.00 10 MESES
S/180.00
S/10,000.00 10 MESES
S/5,000.00 10 MESES
S/12,000.00 10 MESES
S/5,000.00 10 MESES
S/10,041.85
S/1,479.33
S/5,697.00
S/78,298.18
 DATOS INICIALES
FINANCIAMIENTO 40%
INGRESOS MENSUALES 1
PERIODO DE VENTA 18
PERIODO DE CONSTRUCCION 8
TASA DE INTERES(TCEA) 15.18%
* VALORES RESALTADOS DE AMARILLO RESULTAN SER DATOS DE ENTRADA
COSTO DEL DÓLAR S/. 3.34
COSTO DE TERRENOS
Costo de terreno en dolares: $336,000.00
N° ITEM COSTO (S/.)
COSTOS DE TERRENO S/1,118,880.00
TERRENO A COMPRAR S/. 1,118,880.00

IMPUESTOS
N° ITEM COSTO (S/.)
IMPUESTOS S/92,052.92
Impuestos de compra y venta-notarios S/314.00
Impuestos a predios S/88,382.28
Impuesto a la renta S/55,944.00
La alcabala S/32,321.40
NO El impuesto predial
Los arbitrios S/116.88
Pago en la sunarp
Derecho de inscripcion S/3,356.64
COSTO DE PROYECTO Y PERFIL
N° ITEM COSTO (S/.)
COSTOS DE PROYECTO Y PERFIL S/16,700.00
Calculo estructural despiece de acero, planos estructurales. Calculo de cimentacion y
calculo de planos de estribos y seccion de acero S/8,600.00

Arquitectura diseño 3d ,acondicionamiento termico luminico y acustico S/4,050.00

Instalaciones elctricas y sanitarias S/4,050.00
COSTO DE LICENCIA DE CONSTRUCCION
COSTO POR m2 DE CONSTRUCCION $383.49
COSTO 1 $383.49
NO COSTO 2
NO COSTO 3
NIVELES 10
AREA(m2) 135
COSTO TOTAL( en dolares) $517,711.50

COSTO TOTAL( en soles) $1,729,156.41

N° ITEM COSTO (S/.)
COSTO DE LICENCIA DE CONSTRUCCION S/11,711.06
Carpeta S/55.20
 Licencia de obra S/11,205.87

Planos perimetricos y ubicación S/450.00

COSTO DE CONSTRUCCION
N° ITEM COSTO (S/.)
COSTO DE CONSTRUCCION S/1,729,156.41

COSTO DE SUPERVISION DE OBRA

N° ITEM COSTO (S/.)
COSTO DE SUPERVISION DE OBRA S/15,845.60
SEGUROS PROFESIONALES
N° ITEM COSTO (S/.)
SEGUROS PROFESIONALES S/5,988.50
SEGUROS DE CONTRUCCION
N° ITEM COSTO (S/.)
SEGUROS DE CONTRUCCION S/1,545.12
INSTALACION DE LUZ
N° ITEM COSTO (S/.)
INSTALACION DE LUZ S/5,600.00
INSTALACION DE AGUA
N° ITEM COSTO (S/.)
INSTALACION DE AGUA S/5,600.00
RESUMEN DE COSTOS
N° ITEM COSTO (S/.)
COSTOS DE TERRENO S/1,118,880.00
IMPUESTOS S/92,052.92
COSTOS DE PROYECTO Y PERFIL S/16,700.00
COSTO DE LICENCIA DE CONSTRUCCION S/11,711.06
HONORARIOS PROFESIONALES S/86,620.33
COSTO DE CONSTRUCCION S/1,729,156.41
COSTO DE SUPERVISION DE OBRA S/15,845.60
SEGUROS PROFESIONALES S/5,988.50
SEGUROS DE CONTRUCCION S/1,545.12
INSTALACION DE LUZ S/5,600.00
INSTALACION DE AGUA S/5,600.00
MARKETING S/78,298.18

TOTAL S/3,167,998.12
OS INICIALES

DEPARTAMENTO AL MES
MESES
MESES

NO
ERRENOS

OBSERVACIONES

STOS
OBSERVACIONES

notaria de Ruffo Gayona Cisneros

5% de la ganancia obtenida(terrenos)
((Va-10UIT)*0.03
1% del Va(si el monto>60UIT, entonces sera el 1% del VA)
Costo según la direccion general de tributacion

costo del predio*3/1000

ECTO Y PERFIL
OBSERVACIONES

Cotizacion realizada a la empresa FIETZEN

Cotizacion realizada a la empresa FIETZEN

Cotizacion realizada a la empresa FIETZEN
DE CONSTRUCCION

Según el Instituto de desarrollo e investigacion

OBSERVACIONES

1.33% del UIT

 0.65% del costo total de la obra

Según la empresa FIETZEN ingenieros

N°

NSTRUCCION
OBSERVACIONES

ISION DE OBRA
OBSERVACIONES
Se contratara a un supervisor durante la mitad de periodo de operación
FESIONALES
OBSERVACIONES

ONTRUCCION
OBSERVACIONES

N DE LUZ
OBSERVACIONES
Cotizacion de instalacion nueva en Electro Sur(14 acometidas)
N DE AGUA
OBSERVACIONES
Cotizacion de intalacion nueva(14 medidores)
E COSTOS
OBSERVACIONES
 HONORARIOS PROFESIONALES
COSTO TIEMPO
ITEM TOTAL (S/.) OBSERVACIO
UNITARIO (S/.) ESTIMADO
HONORARIOS PROFESIONALES S/86,620.33
RESIDENTE DE OBRA S/4,160.67 8 S/33,285.33
S/4,109.00 remuneracion según El comercio
S/3,373.00 remuneracion según ponteencarr
S/5,000.00 remuneracion según AIZA constru
ASISTENTE DE OBRA S/3,061.00 8 S/24,488.00
S/3,500.00 remuneracion según AIZA constru
S/2,622.00 remuneracion según ponteencarr
CONTADOR S/3,206.00 8 S/25,648.00
S/2,618.00 remuneracion según El comercio
S/3,500.00 remuneracion según ponteencarr
S/3,500.00 remuneracion según constructora
ABOGADO S/3,199.00 1 S/3,199.00
S/2,681.00 remuneracion según ponteencarr
S/3,717.00 remuneracion según El comercio
 OBSERVACIONES

eracion según El comercio

eracion según ponteencarrera.com
eracion según AIZA constructora

eracion según AIZA constructora

eracion según ponteencarrera.com

eracion según El comercio

eracion según ponteencarrera.com
eracion según constructora Costa Azul

eracion según ponteencarrera.com

eracion según El comercio
 GASTOS GENERALES FIJOS S/356,088.7 DISTRIBUCIÓN DE GASTOS
IMPUESTOS S/92,052.92
S/108,752.92
COSTOS DE PROYECTO Y PERFIL S/16,700.00
COSTO DE LICENCIA DE CONSTRUCCION S/11,711.06 se paga despues
SEGUROS PROFESIONALES S/5,988.50
SEGUROS DE CONTRUCCION S/1,545.12 S/30,444.68
INSTALACION DE LUZ S/5,600.00
INSTALACION DE AGUA S/5,600.00
HONORARIOS PROFESIONALES S/86,620.33
S/12,808.24
COSTO DE SUPERVISION DE OBRA S/15,845.60 fijo
MARKETING S/114,425.17 S/. 7,628.34
SUMA= S/325,644.02

1 2 3 4 5 6
108,752.92 S/. 30,444.7 S/. 12,808.2 S/. 20,436.6 S/. 20,436.6 S/. 20,436.6
RIBUCIÓN DE GASTOS POR MESES
1

3,4,5,6,7,8,9,10

4,5,6,7,8,9,10,11,12,13,1,41,5,16,17,18

GASTOS FIJOS
7 8 9 10 11 12 13
S/. 20,436.6 S/. 20,436.6 S/. 20,436.6 S/. 20,436.6 S/. 7,628.3 S/. 7,628.3 S/. 7,628.3
 14 15 16 17 18
S/. 7,628.3 S/. 7,628.3 S/. 7,628.3 S/. 7,628.3 S/. 7,628.3
 GASTOS GENERALES VARIABLES
costo de costruccion
% de Valorizacion 0.15 0.15 0.12 0.12 0.12
S/. 1,729,156.41 S/. 259,373.46 S/. 259,373.46 S/. 207,498.77 S/. 207,498.77 S/. 207,498.77
VARIABLES
on TOTAL
0.11 0.11 0.12 1
S/. 190,207.21 S/. 190,207.21 S/. 207,498.77 S/. 1,729,156.41
 FINANCIAMIENTO
MONTO A FINANCIAR= 2,000,000
TASA DE FINANCIAMIENTO= 14.03% ANUAL
1.10% mensual
SALDO AMORTIZACION DE
MES CUOTA INTERES
ADECUADO LA DEUDA 102
1 S/2,000,000 S/. 123,083.04 S/22,002 S/101,081 S/22,002
2 S/1,898,919 S/. 123,083.04 S/20,890 S/102,193 1
3 S/1,796,726 S/. 123,083.04 S/19,766 S/103,317 S/101,081
4 S/1,693,409 S/. 123,083.04 S/18,629 S/104,454
5 S/1,588,955 S/. 123,083.04 S/17,480 S/105,603
6 S/1,483,352 S/. 123,083.04 S/16,318 S/106,765
7 S/1,376,587 S/. 123,083.04 S/15,144 S/107,939
8 S/1,268,648 S/. 123,083.04 S/13,956 S/109,127
9 S/1,159,522 S/. 123,083.04 S/12,756 S/110,327
10 S/1,049,195 S/. 123,083.04 S/11,542 S/111,541
11 S/937,654 S/. 123,083.04 S/10,315 S/112,768
12 S/824,886 S/. 123,083.04 S/9,075 S/114,008
13 S/710,877 S/. 123,083.04 S/7,820 S/115,263
14 S/595,615 S/. 123,083.04 S/6,552 S/116,531
15 S/479,084 S/. 123,083.04 S/5,270 S/117,813
16 S/361,271 S/. 123,083.04 S/3,974 S/119,109
17 S/242,163 S/. 123,083.04 S/2,664 S/120,419
18 S/121,744 S/. 123,083.04 S/1,339 S/121,744
S/2,215,495 S/215,495 S/2,000,000
 103 104 105 106 107 108 109 110
S/20,890 S/19,766 S/18,629 S/17,480 S/16,318 S/15,144 S/13,956 S/12,756
2 3 4 5 6 7 8 9
S/102,193 S/103,317 S/104,454 S/105,603 S/106,765 S/107,939 S/109,127 S/110,327
 111 112 113 114 115 116 117 118
S/11,542 S/10,315 S/9,075 S/7,820 S/6,552 S/5,270 S/3,974 S/2,664
10 11 12 13 14 15 16 17
S/111,541 S/112,768 S/114,008 S/115,263 S/116,531 S/117,813 S/119,109 S/120,419
 119 120 121 122 123 124 125 126
S/1,339 S/215,495
18 19 20 21 22 23 24 25
S/121,744 S/2,000,000
127 128 129 130 131 132 133

26 27 28 29 30 31 32
 F
AÑO 0 1 2 3 4 5
INGRESO (S/.) 800,400.00 800400.00 800,400.00 800,400.00
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46 -259373.46 -207498.77 -207498.77 -207498.77
COSTOS FIJOS -2,197,043.78 2,455,704.11 -12,808.24 -20,436.59 -20,436.59
INTERESES -22,002.04 -20,890.05 -19,765.82 -18,629.22 -17,480.13
UTILIDAD -2,478,419.28 2,975,840.60 560,327.17 553,835.42 554,984.52
IMPUESTO 446,115.47 -535,651.31 -100,858.89 -99,690.38 -99,897.21
UTILIDAD NETA -2,032,303.81 2,440,189.29 459,468.28 454,145.05 455,087.31
TERRENO -1,118,880.00
CAPITAL DE TRABAJO -1,228,208.62 2,326,373.95 -1,208,318.83 110,153.51
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22 -104,453.81 -105,602.91
FLUJO DE CAJA -347,088.62 192,989.14 1,129,677.47 466,304.57 349,691.23 349,484.40
RENTABILIDAD 10%
VNA 2,636,595.17
TIR 133.17%

-1228208.62 1098165.32 -110153.51 0.00

 FLUJO DE CAJA
6 7 8 9 10 11 12 13
800,400.00 800,400.00 800,400.00 800400.00 800,400.00

-190207.21 -190207.21 -207498.77

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -7,628.34 -7,628.34 -7,628.34
-16,318.39 -15,143.87 -13,956.42 -12,755.92 -11,542.21 -10,315.15 -9,074.59 -7,820.38
573,437.82 574,612.34 -241,891.78 -33,192.51 -31,978.80 782,456.51 783,697.07 784,951.28
-103,218.81 -103,430.22 43,540.52 5,974.65 5,756.18 -140,842.17 -141,065.47 -141,291.23
470,219.01 471,182.12 -198,351.26 -27,217.86 -26,222.61 641,614.34 642,631.60 643,660.05

-106,764.65 -107,939.17 -109,126.61 -110,327.12 -111,540.83 -112,767.89 -114,008.45 -115,262.66

363,454.36 363,242.95 -307,477.87 -137,544.97 -137,763.44 528,846.45 528,623.15 528,397.39
 14 15 16 17 18
800400.00 800,400.00 800400.00 800,400.00 800400.00 S/. 11,205,600.00

-S/. 1,210,409.49
-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 S/. 41,769.23
-6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31 -S/. 215,494.65
786,219.29 787,501.24 788,797.30 790,107.62 791,432.35 -S/. 1,384,134.90
-141,519.47 -141,750.22 -141,983.51 -142,219.37 -142,457.82
644,699.81 A 646,813.79 647,888.25 648,974.53

-116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

528,169.15 -117,812.62 527,705.11 527,469.25 527,230.80
costo por m2 soles soles todos dolares dolares todos
6670.00 800400.00 3201600.00 4.00 120.00 480.00
6670.00 800400.00 3201600.00 4.00 120.00 480.00
6670.00 800400.00 1600800.00 2.00 120.00 240.00
8004000.00 1200.00
 VARIACION
COSTO DE DEPARTAMENTO

AÑO 0 1 2 3
INGRESO
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46 -259373.46 -207498.77
COSTOS FIJOS -108,752.92 -30,444.68 -12,808.24
INTERESES -22,002.04 -20,890.05 -19,765.82
UTILIDAD -390,128.42 -310,708.19 -240,072.83
IMPUESTO 70,223.12 55,927.47 43,213.11
UTILIDAD NETA -319,905.31 -254,780.71 -196,859.72
TERRENO -1,118,880.00
CAPITAL DE TRABAJO -184,063.19 39,154.12 34,755.57 -3,814.17
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22
FLUJO DE CAJA 697,056.81 -381,832.18 -322,218.14 -303,991.11
RENTABILIDAD 10%
VNA 709,628.24
TIR Err:523

-184063.19 -144909.07 -110153.51 -113967.68

105813.22

RESULTADOS ESCENARIO 1 VARIACION

ORIGINALES
VNA 138,220.18 709,628.24 -571,408.06
TIR 12.88% Err:523 Err:523
1.10
553,500.00 553500.00 553,500.00 553,500.00 553,500.00

COSTO DE DEPARTAMENTOS
4 5 6 7 8
608,850.00 608,850.00 608,850.00 608,850.00 608,850.00

-207498.77 -207498.77 -190207.21 -190207.21 -207498.77

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59
-18,629.22 -17,480.13 -16,318.39 -15,143.87 -13,956.42
362,285.42 363,434.52 381,887.82 383,062.34 366,958.22
-65,211.38 -65,418.21 -68,739.81 -68,951.22 -66,052.48
297,074.05 298,016.31 313,148.01 314,111.12 300,905.74

-104,453.81 -105,602.91 -106,764.65 -107,939.17 -109,126.61

192,620.23 192,413.40 206,383.36 206,171.95 191,779.13
 553,500.00 287,000.00 266500.00 287,000.00

DEPARTAMENTOS 110 %
9 10 11 12 13
608,850.00 315,700.00 293,150.00 315,700.00

-20,436.59 -20,436.59 -7,628.34 -7,628.34 -7,628.34

-12,755.92 -11,542.21 -10,315.15 -9,074.59 -7,820.38
575,657.49 -31,978.80 297,756.51 276,447.07 300,251.28
-103,618.35 5,756.18 -53,596.17 -49,760.47 -54,045.23
472,039.14 -26,222.61 244,160.34 226,686.60 246,206.05

-110,327.12 -111,540.83 -112,767.89 -114,008.45 -115,262.66

361,712.03 -137,763.44 131,392.45 112,678.15 130,943.39
 266500.00 287,000.00 266500.00 287,000.00 266500.00

14 15 16 17 18
293,150.00 315,700.00 293,150.00 315,700.00 293,150.00

-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34

-6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31
278,969.29 302,801.24 281,547.30 305,407.62 284,182.35
-50,214.47 -54,504.22 -50,678.51 -54,973.37 -51,152.82
228,754.81 A 230,868.79 250,434.25 233,029.53

-116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

112,224.15 -117,812.62 111,760.11 130,015.25 111,285.80
###
costo por m2soles soles todos dolares dolares todos
### 4100.00 553500.00 3321000.00 166216.22 997297.30 6.00
### 4100.00 287000.00 1148000.00 86186.19 344744.74 4.00
### 4100.00 266500.00 1066000.00 80030.03 320120.12 4.00
### 5535000.00 332432.43 1662162.16
135.00 810.00
70.00 280.00
65.00 260.00
1350.00
 VARIACION
COSTO DE DEPARTAMENTO

AÑO 0 1 2
INGRESO
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46 -259373.46
COSTOS FIJOS -108,752.92 -30,444.68
INTERESES -22,002.04 -20,890.05
UTILIDAD -390,128.42 -310,708.19
IMPUESTO 70,223.12 55,927.47
UTILIDAD NETA -319,905.31 -254,780.71
TERRENO -1,118,880.00
CAPITAL DE TRABAJO -184,063.19 39,154.12 34,755.57
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99
FLUJO DE CAJA 697,056.81 -381,832.18 -322,218.14
RENTABILIDAD 10%
VNA 330,349.15
TIR Err:523

-184063.19 -144909.07 -110153.51

105813.22

RESULTADOS ESCENARIO 2 VARIACION

ORIGINALES
VNA 138,220.18 330,349.15 -192,128.97
TIR 12.88% Err:523 Err:523
 0.90
553,500.00 553500.00 553,500.00

COSTO DE DE
3 4 5 6
498,150.00 498,150.00 498,150.00

-207498.77 -207498.77 -207498.77 -190207.21

-12,808.24 -20,436.59 -20,436.59 -20,436.59
-19,765.82 -18,629.22 -17,480.13 -16,318.39
-240,072.83 251,585.42 252,734.52 271,187.82
43,213.11 -45,285.38 -45,492.21 -48,813.81
-196,859.72 206,300.05 207,242.31 222,374.01

-3,814.17

-103,317.22 -104,453.81 -105,602.91 -106,764.65

-303,991.11 101,846.23 101,639.40 115,609.36

-113967.68
 553,500.00 553,500.00 553,500.00

COSTO DE DEPARTAMENTOS 90 %
7 8 9 10
498,150.00 498,150.00 498,150.00

-190207.21 -207498.77
-20,436.59 -20,436.59 -20,436.59 -20,436.59
-15,143.87 -13,956.42 -12,755.92 -11,542.21
272,362.34 256,258.22 464,957.49 -31,978.80
-49,025.22 -46,126.48 -83,692.35 5,756.18
223,337.12 210,131.74 381,265.14 -26,222.61

-107,939.17 -109,126.61 -110,327.12 -111,540.83

115,397.95 101,005.13 270,938.03 -137,763.44
 287,000.00 266500.00 287,000.00 266500.00

11 12 13 14
258,300.00 239,850.00 258,300.00 239,850.00

-7,628.34 -7,628.34 -7,628.34 -7,628.34

-10,315.15 -9,074.59 -7,820.38 -6,552.37
240,356.51 223,147.07 242,851.28 225,669.29
-43,264.17 -40,166.47 -43,713.23 -40,620.47
197,092.34 182,980.60 199,138.05 185,048.81

-112,767.89 -114,008.45 -115,262.66 -116,530.67

84,324.45 68,972.15 83,875.39 68,518.15
 287,000.00 266500.00 287,000.00 266500.00

15 16 17 18
258,300.00 239,850.00 258,300.00 239,850.00 ###
costo por m2
### 4100.00
-7,628.34 -7,628.34 -7,628.34 -7,628.34 ### 4100.00
-5,270.41 -3,974.35 -2,664.04 -1,339.31 ### 4100.00
245,401.24 228,247.30 248,007.62 230,882.35 ###
-44,172.22 -41,084.51 -44,641.37 -41,558.82
A 187,162.79 203,366.25 189,323.53

-117,812.62 -119,108.68 -120,419.00 -121,743.73

-117,812.62 68,054.11 82,947.25 67,579.80
soles soles todos dolares dolares todos
553500.00 3321000.00 166216.22 997297.30 6.00 135.00 810.00
287000.00 1148000.00 86186.19 344744.74 4.00 70.00 280.00
266500.00 1066000.00 80030.03 320120.12 4.00 65.00 260.00
5535000.00 332432.43 1662162.16 1350.00
 VARIACION
COSTO DE DEPARTAMENTO

AÑO 0 1
INGRESO
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46
COSTOS FIJOS -108,752.92
INTERESES -22,002.04
UTILIDAD -390,128.42
IMPUESTO 70,223.12
UTILIDAD NETA -319,905.31
TERRENO -1,118,880.00
CAPITAL DE TRABAJO -184,063.19 39,154.12
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00
FLUJO DE CAJA 697,056.81 -381,832.18
RENTABILIDAD 10%
VNA 381,779.39
TIR Err:523

-184063.19 -144909.07

105813.22

ESCENARIO 3
RESULTADOS ORIGINALES
VNA 138,220.18 381,779.39
TIR 12.88% Err:523
ACION 0.93
PARTAMENTO 553,500.00

CO
2 3 4
513,160.92

-259373.46 -207498.77 -207498.77

-30,444.68 -12,808.24 -20,436.59
-20,890.05 -19,765.82 -18,629.22
-310,708.19 -240,072.83 266,596.34
55,927.47 43,213.11 -47,987.34
-254,780.71 -196,859.72 218,609.00

34,755.57 -3,814.17

-102,192.99 -103,317.22 -104,453.81

-322,218.14 -303,991.11 114,155.19
10%
381,779.39
Err:523

-110153.51 -113967.68

VARIACION

-243,559.21
Err:523
 553500.00 553,500.00 553,500.00

COSTO DE DEPARTAMENTOS EN 0.93

5 6 7
513,160.92 513,160.92 513,160.92

-207498.77 -190207.21 -190207.21

-20,436.59 -20,436.59 -20,436.59
-17,480.13 -16,318.39 -15,143.87
267,745.44 286,198.74 287,373.26
-48,194.18 -51,515.77 -51,727.19
219,551.26 234,682.97 235,646.08

-105,602.91 -106,764.65 -107,939.17

113,948.35 127,918.32 127,706.91
 553,500.00 553,500.00

93
8 9 10
513,160.92 513,160.92

-207498.77
-20,436.59 -20,436.59 -20,436.59
-13,956.42 -12,755.92 -11,542.21
271,269.14 479,968.41 -31,978.80
-48,828.45 -86,394.31 5,756.18
222,440.69 393,574.10 -26,222.61

-109,126.61 -110,327.12 -111,540.83

113,314.08 283,246.98 -137,763.44
287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00

11 12 13 14 15 16 17 18
266,083.44 247,077.48 266,083.44 247,077.48 266,083.44 247,077.48 266,083.44 247,077.48

-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34

-10,315.15 -9,074.59 -7,820.38 -6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31
248,139.95 230,374.55 250,634.72 232,896.77 253,184.68 235,474.78 255,791.06 238,109.83
-44,665.19 -41,467.42 -45,114.25 -41,921.42 -45,573.24 -42,385.46 -46,042.39 -42,859.77
203,474.76 188,907.13 205,520.47 190,975.35 A 193,089.32 209,748.67 195,250.06

-112,767.89 -114,008.45 -115,262.66 -116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

90,706.87 74,898.68 90,257.81 74,444.68 ### 73,980.64 89,329.67 73,506.33
S/. 5,131,609.20
costo por m2soles soles todos dolares dolares todos
-S/. 1,210,409.49 4100.00 553500.00 3321000.00 166216.22 997297.30 6.00
-S/. 356,088.70 4100.00 287000.00 1148000.00 86186.19 344744.74 4.00
-S/. 215,494.65 4100.00 266500.00 1066000.00 80030.03 320120.12 4.00
-S/. 1,781,992.83 5535000.00 332432.43 1662162.16
135.00 810.00
70.00 280.00
65.00 260.00
1350.00
 VARIACION 1.1
COSTO DE CONSTRUCCION -259373.46 -259373.46 -207498.77 -207498.77

COS
AÑO 0 1 2 3 4
INGRESO 553,500.00
VENTA DE ACTIVOS

COSTOS VARIABLES -285310.80765 -285310.80765 -228248.64612 -228248.64612

COSTOS FIJOS -108,752.92 -30,444.68 -12,808.24 -20,436.59
INTERESES -22,002.04 -20,890.05 -19,765.82 -18,629.22
UTILIDAD -416,065.77 -336,645.53 -260,822.71 286,185.54
IMPUESTO 74,891.84 60,596.20 46,948.09 -51,513.40
UTILIDAD NETA -341,173.93 -276,049.34 -213,874.62 234,672.15
TERRENO -1,118,880.00
CAPITAL DE TRAB -184,063.19 39,154.12 34,755.57 -3,814.17
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22 -104,453.81
FLUJO DE CAJA 697,056.81 -403,100.81 -343,486.76 -321,006.01 130,218.33
RENTABILIDAD 10%
VNA 423,360.95
TIR Err:523

-184063.19 -144909.07 -110153.51 -113967.68

RESULTADOS ESCENARIO 4 VARIACION

ORIGINALES
VNA 138,220.18 423,360.95 -285,140.77
TIR 12.88% Err:523 Err:523
 -207498.77 -190207.21 -190207.21 -207498.77

COSTO DE CONSTRUCCION AL 110%

5 6 7 8 9 10
553500.00 553,500.00 553,500.00 553,500.00 553,500.00

-228248.64612 -209227.92561 -209227.92561 -228248.64612 0 0

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59
-17,480.13 -16,318.39 -15,143.87 -13,956.42 -12,755.92 -11,542.21
287,334.64 307,517.10 308,691.62 290,858.34 520,307.49 -31,978.80
-51,720.24 -55,353.08 -55,564.49 -52,354.50 -93,655.35 5,756.18
235,614.41 252,164.02 253,127.13 238,503.84 426,652.14 -26,222.61

-105,602.91 -106,764.65 -107,939.17 -109,126.61 -110,327.12 -111,540.83

130,011.50 145,399.37 145,187.96 129,377.23 316,325.03 -137,763.44
 11 12 13 14 15 16 17 18
287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00

0 0 0 0 0 0 0 0
-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34
-10,315.15 -9,074.59 -7,820.38 -6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31
269,056.51 249,797.07 271,551.28 252,319.29 274,101.24 254,897.30 276,707.62 257,532.35
-48,430.17 -44,963.47 -48,879.23 -45,417.47 -49,338.22 -45,881.51 -49,807.37 -46,355.82
220,626.34 204,833.60 222,672.05 206,901.81 A 209,015.79 226,900.25 211,176.53

-112,767.89 -114,008.45 -115,262.66 -116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

107,858.45 90,825.15 107,409.39 90,371.15 ### 89,907.11 106,481.25 89,432.80
###
costo por m2soles soles todos dolares dolares todos

### 4100.00 553500.00 3321000.00 166216.22 997297.30 6.00

### 4100.00 287000.00 1148000.00 86186.19 344744.74 4.00
### 4100.00 266500.00 1066000.00 80030.03 320120.12 4.00
### 5535000.00 332432.43 1662162.16
135.00 810.00
70.00 280.00
65.00 260.00
1350.00
 VARIACION 1.143
COSTO DE CONSTRUCCION -259373.46 -259373.46 -207498.77 -207498.77

COSTO DE
AÑO 0 1 2 3 4
INGRESO 553,500.00
VENTA DE ACTIVOS

COSTOS VARIABLES -296463.866 -296463.866495 -237171.0932 -237171.09

COSTOS FIJOS -108,752.92 -30,444.68 -12,808.24 -20,436.59
INTERESES -22,002.04 -20,890.05 -19,765.82 -18,629.22
UTILIDAD -427,218.83 -347,798.59 -269,745.15 277,263.10
IMPUESTO 76,899.39 62,603.75 48,554.13 -49,907.36
UTILIDAD NETA -350,319.44 -285,194.85 -221,191.03 227,355.74
TERRENO -1,118,880.00
CAPITAL DE TRABAJO -184,063.19 39,154.12 34,755.57 -3,814.17
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22 -104,453.81
FLUJO DE CAJA 697,056.81 -412,246.31 -352,632.27 -328,322.42 122,901.93
RENTABILIDAD 10%
VNA 381,811.02
TIR Err:523

-184063.19 -144909.07 -110153.51 -113967.68

RESULTADOS ESCENARIO 5 VARIACION

ORIGINALES
VNA 138,220.18 381,811.02 -243,590.84
TIR 12.88% Err:523 Err:523
-207498.77 -190207.21 -190207.21 -207498.77

COSTO DE CONSTRUCCION AL 114.3

5 6 7 8 9 10 11 12
553500.00 553,500.00 553,500.00 553,500.00 553,500.00 287,000.00 266500.00

-237171.09 -217406.84 -217406.84 -237171.09 0 0 0 0

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -7,628.34 -7,628.34
-17,480.13 -16,318.39 -15,143.87 -13,956.42 -12,755.92 -11,542.21 -10,315.15 -9,074.59
278,412.20 299,338.19 300,512.71 281,935.90 520,307.49 -31,978.80 269,056.51 249,797.07
-50,114.20 -53,880.87 -54,092.29 -50,748.46 -93,655.35 5,756.18 -48,430.17 -44,963.47
228,298.00 245,457.32 246,420.42 231,187.43 426,652.14 -26,222.61 220,626.34 204,833.60

-105,602.91 -106,764.65 -107,939.17 -109,126.61 -110,327.12 -111,540.83 -112,767.89 -114,008.45

122,695.09 138,692.67 138,481.25 122,060.82 316,325.03 ### 107,858.45 90,825.15
 13 14 15 16 17 18
287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00 ###

0 0 0 0 0 0 ###
-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 ###
-7,820.38 -6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31 ###
271,551.28 252,319.29 274,101.24 254,897.30 276,707.62 257,532.35 ###
-48,879.23 -45,417.47 -49,338.22 -45,881.51 -49,807.37 -46,355.82
222,672.05 206,901.81 A 209,015.79 226,900.25 211,176.53

-115,262.66 -116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

107,409.39 90,371.15 ### 89,907.11 106,481.25 89,432.80
costo por m2soles soles todos dolares dolares todos

4100.00 553500.00 3321000.00 166216.22 997297.30 6.00 135.00 810.00

4100.00 287000.00 1148000.00 86186.19 344744.74 4.00 70.00 280.00
4100.00 266500.00 1066000.00 80030.03 320120.12 4.00 65.00 260.00
5535000.00 332432.43 1662162.16 1350.00
VARIACION 1.1
COSTO DE TERRENO -1,118,880.00

COS
AÑO 0 1 2 3 4
INGRESO 553,500.00
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46 -259373.46 -207498.77 -207498.77
COSTOS FIJOS -108,752.92 -30,444.68 -12,808.24 -20,436.59
INTERESES -22,002.04 -20,890.05 -19,765.82 -18,629.22
UTILIDAD -390,128.42 -310,708.19 -240,072.83 306,935.42
IMPUESTO 70,223.12 55,927.47 43,213.11 -55,248.38
UTILIDAD NETA -319,905.31 -254,780.71 -196,859.72 251,687.05
TERRENO -1230768
CAPITAL DE TRABAJO -184,063.19 39,154.12 34,755.57 -3,814.17
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22 -104,453.81
FLUJO DE CAJA 585,168.81 -381,832.18 -322,218.14 -303,991.11 147,233.23
RENTABILIDAD 10%
VNA 408,100.69
TIR Err:523

-184063.19 -144909.07 -110153.51 -113967.68

RESULTADOS ESCENARIO 6 VARIACION

ORIGINALES
VNA 138,220.18 408,100.69 -269,880.51
TIR 12.88% Err:523 Err:523
 COSTO DE TERRENO 110%
5 6 7 8 9 10 11 12
553500.00 553,500.00 553,500.00 553,500.00 553,500.00 287,000.00 266500.00

-207498.77 -190207.21 -190207.21 -207498.77

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -7,628.34 -7,628.34
-17,480.13 -16,318.39 -15,143.87 -13,956.42 -12,755.92 -11,542.21 -10,315.15 -9,074.59
308,084.52 326,537.82 327,712.34 311,608.22 520,307.49 -31,978.80 269,056.51 249,797.07
-55,455.21 -58,776.81 -58,988.22 -56,089.48 -93,655.35 5,756.18 -48,430.17 -44,963.47
252,629.31 267,761.01 268,724.12 255,518.74 426,652.14 -26,222.61 220,626.34 204,833.60

-105,602.91 -106,764.65 -107,939.17 -109,126.61 -110,327.12 -111,540.83 -112,767.89 -114,008.45

147,026.40 160,996.36 160,784.95 146,392.13 316,325.03 ### 107,858.45 90,825.15
 13 14 15 16 17 18
287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00 ###

###
-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 ###
-7,820.38 -6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31 ###
271,551.28 252,319.29 274,101.24 254,897.30 276,707.62 257,532.35 ###
-48,879.23 -45,417.47 -49,338.22 -45,881.51 -49,807.37 -46,355.82
222,672.05 206,901.81 A 209,015.79 226,900.25 211,176.53

-115,262.66 -116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

107,409.39 90,371.15 ### 89,907.11 106,481.25 89,432.80
costo por m2soles soles todos dolares dolares todos
4100.00 553500.00 3321000.00 166216.22 997297.30 6.00 135.00 810.00
4100.00 287000.00 1148000.00 86186.19 344744.74 4.00 70.00 280.00
4100.00 266500.00 1066000.00 80030.03 320120.12 4.00 65.00 260.00
5535000.00 332432.43 1662162.16 1350.00
VARIACION 1.123
COSTO DE TERRENO -1,118,880.00

C
AÑO 0 1 2 3 4
INGRESO 553,500.00
VENTA DE ACTIVOS
COSTOS VARIABLES -259373.46 -259373.46 -207498.77 -207498.77
COSTOS FIJOS -108,752.92 -30,444.68 -12,808.24 -20,436.59
INTERESES -22,002.04 -20,890.05 -19,765.82 -18,629.22
UTILIDAD -390,128.42 -310,708.19 -240,072.83 306,935.42
IMPUESTO 70,223.12 55,927.47 43,213.11 -55,248.38
UTILIDAD NETA -319,905.31 -254,780.71 -196,859.72 251,687.05
TERRENO -1256502.24
CAPITAL DE TRABAJO -184,063.19 39,154.12 34,755.57 -3,814.17
PRESTAMO 2,000,000.00
AMORTIZACION -101,081.00 -102,192.99 -103,317.22 -104,453.81
FLUJO DE CAJA 559,434.57 -381,832.18 -322,218.14 -303,991.11 147,233.23
RENTABILIDAD 10%
VNA 382,366.45
TIR Err:523
-184063.19 -144909.07 -110153.51 -113967.68

RESULTADOS ESCENARIO 7 VARIACION

ORIGINALES
VNA 138,220.18 382,366.45 -244,146.27
TIR 12.88% Err:523 Err:523
 COSTO DE TERRENO 112.3%
5 6 7 8 9 10 11
553500.00 553,500.00 553,500.00 553,500.00 553,500.00 287,000.00

-207498.77 -190207.21 -190207.21 -207498.77

-20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -20,436.59 -7,628.34
-17,480.13 -16,318.39 -15,143.87 -13,956.42 -12,755.92 -11,542.21 -10,315.15
308,084.52 326,537.82 327,712.34 311,608.22 520,307.49 -31,978.80 269,056.51
-55,455.21 -58,776.81 -58,988.22 -56,089.48 -93,655.35 5,756.18 -48,430.17
252,629.31 267,761.01 268,724.12 255,518.74 426,652.14 -26,222.61 220,626.34

-105,602.91 -106,764.65 -107,939.17 -109,126.61 -110,327.12 -111,540.83 -112,767.89

147,026.40 160,996.36 160,784.95 146,392.13 316,325.03 ### 107,858.45
 12 13 14 15 16 17 18
266500.00 287,000.00 266500.00 287,000.00 266500.00 287,000.00 266500.00 ###

###
-7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 -7,628.34 ###
-9,074.59 -7,820.38 -6,552.37 -5,270.41 -3,974.35 -2,664.04 -1,339.31 ###
249,797.07 271,551.28 252,319.29 274,101.24 254,897.30 276,707.62 257,532.35 ###
-44,963.47 -48,879.23 -45,417.47 -49,338.22 -45,881.51 -49,807.37 -46,355.82
204,833.60 222,672.05 206,901.81 A 209,015.79 226,900.25 211,176.53

-114,008.45 -115,262.66 -116,530.67 -117,812.62 -119,108.68 -120,419.00 -121,743.73

90,825.15 107,409.39 90,371.15 ### 89,907.11 106,481.25 89,432.80
costo por m2soles soles todos dolares dolares todos
4100.00 553500.00 3321000.00 166216.22 997297.30 6.00 135.00
4100.00 287000.00 1148000.00 86186.19 344744.74 4.00 70.00
4100.00 266500.00 1066000.00 80030.03 320120.12 4.00 65.00
5535000.00 332432.43 1662162.16
 810.00
280.00
260.00
1350.00