Viabilidade Modelo

Estudo 1

Legenda: Preencher -

Descrio geral do empreendimento

Dados gerais do terreno
ndice de Aproveitamento
Tamanho mdio da unidade (m2)
rea do Terreno (m2)
rea aproveitvel do parcelamento

2.9
147.8
2,770.0
100.00%

Estudo preliminar de arquitetura

rea lquida do terreno
Nmero de unidades
Nmero de torres
Nmero de andares
Nmero de aptos. por andar

2,770
53.96611765
1.0
23.00
2.35

Forma de aquisio do terreno

Dinheiro

Dinheiro
Valor do m2 =
Valor total =

1,800.00
4,986,000.00

0.00%
-

Descrio do empreendimento
Descrio

rea

Tipo 1
Tipo 2
Tipo 3
Tipo 4
Tipo 5
Tipo 6
Tipo 7
Total

170.00
170

Custo de construo
Custo direto de construo / m2 de rea privativa
Taxa de adm. + manut. ps-obra
rea privativa / rea construda

Preo de venda mdio

Preo de venda R$/m2
Preo de venda / unidade

5,200
884,000

rea de vendas
total

Qte

46
46

7,820.00
7,820

Unid. da permuta

rea de vendas
lquida
7,820.00
0
7,820

2,200.00 Custo total de construo / m2 de rea privativa

9% Custo de construo / unidade
1.00 ndice de aproveitamento do projeto

Preo de venda /m2

5,200.00
5,200.00
5,200.00
5,200.00
5,200.00
5,200.00
5,200.00

Preo da unid.

884,000
-

2,398.00
407,660.00
2.82

Preo total

40,664,000
40,664,000

custo total/m2

2,398.00
2,398.00
2,398.00
2,398.00
2,398.00
2,398.00
2,398.00
2,398

Custo Total

18,752,360
18,752,360

rea
permutada

0.0

Valor da permuta

0.0

Viabilidade Modelo
Legenda:

Estudo 1

Preencher -

ndices financeiros e de projeto

Premissas Bsicas

Outros Parmetros

- Incorporao Prpria

Data Base:
Data Lanamento (ms):

- No cumulatividade do PIS/COFINS

12

11/04/12

% VGV

% Terreno

% Obra

% Custo total

Prazo

Incio

11/04/13
Alquota:

4.65%

- Despesas de Publicidade

4.00%

IR - Alquota

25%

Base de Clculo:

8.00%

- Taxas e licenas

0.50%

12

CSSL - Alquota

9%

Base de Clculo:

12.00%

Prprio:

100%

Dvida:

0%

- Custo Real do Endividamento ( Juros Bruto - TR Proj )

Taxa anual:

10.50%

- Prazo de incio da obra (em meses do lacto)

- Custo do Capital Prprio (Custo Oportunidade - INCC)

Taxa anual:

12.65%

- ITBI

- Rendimento Aplicao (Rendimento - INCC)

Taxa anual:

9.65%

- Custo Mdio Ponderado do Capital (WACC)

Taxa anual:

12.65%

- Prz de construo da obra (meses)

24

Taxa Mensal:

0.95%

- Prazo total de vendas (em meses)

15

- Lucro Presumido

- Estrutura de Capital

- Critrio Principal : Valor Presente Lquido (VPL)

- Juros de Mora Aps entrega

- Custos de projetos

2.00%

- Comisso do terreno (permuta)

- Comisso de Venda

3.00%

- Administrao da incorporao

- Repasse do cliente - banco (Fim Obra +)

4.00%
1.00%
12
2.00%

1
2

Viabilidade Modelo
Estudo 1
Terreno
Legenda:
Forma de pagamento em dinheiro do terreno

No.

Ms
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
31
32
33
34
35

11/04/12
11/05/12
11/06/12
11/07/12
11/08/12
11/09/12
11/10/12
11/11/12
11/12/12
11/01/13
11/02/13
11/03/13
11/04/13
11/05/13
11/06/13
11/07/13
11/08/13
11/09/13
11/10/13
11/11/13
11/12/13
11/01/14
11/02/14
11/03/14
11/04/14
11/05/14
11/06/14
11/07/14
11/08/14
11/09/14
11/10/14
11/11/14
11/12/14
11/01/15
11/02/15

Pagamento
4,986,000.00
4,986,000.00

Preencher -

Viabilidade Modelo
Estudo 1
Infra-estrutura
Legenda:

No.

Ms
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
31
32
33
34
35

11/04/12
11/05/12
11/06/12
11/07/12
11/08/12
11/09/12
11/10/12
11/11/12
11/12/12
11/01/13
11/02/13
11/03/13
11/04/13
11/05/13
11/06/13
11/07/13
11/08/13
11/09/13
11/10/13
11/11/13
11/12/13
11/01/14
11/02/14
11/03/14
11/04/14
11/05/14
11/06/14
11/07/14
11/08/14
11/09/14
11/10/14
11/11/14
11/12/14
11/01/15
11/02/15

Pagamento
-

Preencher -

Viabilidade Modelo
Estudo 1
Construo da obra
Legenda: Preencher Quantidade
Custo Total
Prazo Construo

Ms
04/14
05/14
06/14
07/14
08/14
09/14
10/14
11/14
12/14
01/15
02/15
03/15
04/15
05/15
06/15
07/15
08/15
09/15
10/15
11/15
12/15
01/16
02/16
03/16
04/16
05/16
06/16
07/16
08/16
09/16

46
18,752,360
24

Cronograma
100.00% 18,752,360 ndice Acumulado
375,047
2.00%
2.00%
375,047
4.00%
2.00%
375,047
6.00%
2.00%
750,094
10.00%
4.00%
750,094
14.00%
4.00%
750,094
18.00%
4.00%
750,094
22.00%
4.00%
750,094
26.00%
4.00%
750,094
30.00%
4.00%
750,094
34.00%
4.00%
750,094
38.00%
4.00%
750,094
42.00%
4.00%
750,094
46.00%
4.00%
750,094
50.00%
4.00%
750,094
54.00%
4.00%
750,094
58.00%
4.00%
750,094
62.00%
4.00%
750,094
66.00%
4.00%
750,094
70.00%
4.00%
76.00%
6.00% 1,125,142
82.00%
6.00% 1,125,142
88.00%
6.00% 1,125,142
94.00%
6.00% 1,125,142
100.00%
6.00% 1,125,142
0
100.00%
0
100.00%
0
100.00%
0
100.00%
0
100.00%
0
100.00%

Viabilidade Modelo

Tipo 1
170m2

Composio Pagamento

Parcela
Prazo do Parcelamento (meses)

% Total

Mensal
Semestral
Anual
Chaves
Repasse

Total
Composio da Unidade Padro
No.
Descrio
1
Tipo 1
2
Tipo 2
3
Tipo 3
4
Tipo 4
5
Tipo 5
6
Tipo 6
7
Tipo 7
8
9
10
Unidade Padro
Unidades Vendidas

04/13
05/13
06/13
07/13
08/13
09/13
10/13
11/13
12/13
01/14
02/14
03/14
04/14

40

50

Mensal

Tipo 2
0m2

44,200.00

44,200

1,262.86

1,263

0.00

0.00

221,000.00

221,000

574,600.00

574,600

884,000.00

884,000

Anual
Chaves
Repasse

Parmetros de Venda
Qte
46
0
0
0
0
0
0
0
0
0
46
46

m2
170.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

$ / m2
$ Unitrio
Sub-Total
5,200
884,000 40,664,000
5,200
0
0
5,200
0
0
5,200
0
0
5,200
0
0
5,200
0
0
5,200
0
0
0
0
0
0
0
0
0
0
0
884,000 40,664,000
rea Total
7,820
Preo Mdio
5,200

Quadro de Vendas

1
2
3
4
5
6
7
8
9
10
11
12
13

30

Semestral

24
5.00
5.00
0.00
0.00
25.00
65.00
100.00

Sinal

Data

20

Sinal

Planejamento de vendas

Ms

10

Legenda: Preencher -

Estudo 1

Prazo Mximo de Vendas:

Percentual de Vendas:
% Triangular
71

14%
12%
10%
8%
6%

Triangular

7.00
0.93
0.87
0.80
0.73
0.67
0.60
0.53
0.47
0.40
0.33
0.27
0.20
0.13

TriP

Norm Ac

100.00%
13.33% 2.28%
12.38% 6.68%
11.43% 15.87%
10.48% 30.85%
9.52% 50.00%
8.57% 69.15%
7.62% 84.13%
6.67% 93.32%
5.71% 97.72%
4.76% 99.38%
3.81% 99.87%
2.86% 99.98%
1.90% 100.00%

Normal

99.38%
1.65%
4.41%
9.18%
14.99%
19.15%
19.15%
14.99%
9.18%
4.41%
1.65%
0.49%
0.11%
0.02%

NorP

100.00%
1.66%
4.43%
9.24%
15.08%
19.27%
19.27%
15.08%
9.24%
4.43%
1.66%
0.49%
0.11%
0.02%

Total

100.00%
9.95%
10.08%
10.79%
11.81%
12.35%
11.67%
9.78%
7.41%
5.34%
3.86%
2.85%
2.06%
1.36%

Em Unidades

Em R$

46 40,664,000
5
4,045,799
5
4,097,351
5
4,389,485
5
4,803,168
6
5,021,602
5
4,746,636
5
3,978,269
3
3,014,655
2
2,172,589
2
1,571,104
1
1,157,532
1
838,156
1
552,317

4%
2%
0%
04/13 07/13 10/13 01/14 04/14

15 meses
100%
% Normal
29

Mdia
Desvio

5
2

60

70

Viabilidade Modelo
Legenda: Preencher -

Estudo 1
Recebimentos

Tabela de Datas/Prazos
Quadro de Pagamento
% Venda:
Parcela

Qte

Sinal
Mensal
Semestral
Anual
Chaves
Financiamento
Total Unidade Padro

100%

Prazo Total:

$ Unitrio

Sub-Total

1 44,200.00
35
1,262.86
6
0.00
3
0.00
1 221,000.00
1 574,600.00
R$

44,200.00
44,200.00
0.00
0.00
221,000.00 Entrega +
574,600.00 Entrega +
884,000.00

Quantidade de Unidades Padro:

Data Base:
Prazo Total de Vendas:
Incio das Obras:
Prazo de Construo:

24 meses
Ms Referncia

% Total

5.00%
5.00%
0.00%
0.00%
25.00%
65.00%
100.00%

-1
2

4/11/2012
15 meses
12 meses
24 meses

46 unidades

Plano Padro

Quadro de Vendas
Ms

Intervalo entre Base e Lanamento:

Qte Mensal

0
0
0
0
0
0
0
0
0
0
0
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4.58
4.64
4.97
5.43
5.68
5.37
4.50
3.41
2.46
1.78
1.31
0.95
0.62
0.31
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

Sr Bim

Sr Trim

1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1
2
1

1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2
3
1
2

Sr Sem

12
Sr Anual

1
2
3
4
5
6
1
2
3
4
5
6
1
2
3
4
5
6
1
2
3
4
5
6
1
2
3
4
5
6
1
2
3
4
5
6
1
2
3
4
5

1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5

Seq
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
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

Data
11/04/12
11/05/12
11/06/12
11/07/12
11/08/12
11/09/12
11/10/12
11/11/12
11/12/12
11/01/13
11/02/13
11/03/13
11/04/13
11/05/13
11/06/13
11/07/13
11/08/13
11/09/13
11/10/13
11/11/13
11/12/13
11/01/14
11/02/14
11/03/14
11/04/14
11/05/14
11/06/14
11/07/14
11/08/14
11/09/14
11/10/14
11/11/14
11/12/14
11/01/15
11/02/15
11/03/15
11/04/15
11/05/15
11/06/15
11/07/15
11/08/15
11/09/15
11/10/15
11/11/15
11/12/15
11/01/16
11/02/16
11/03/16
11/04/16
11/05/16

TOTAL
Sinal
2,033,200
2,033,200
Ok!
Sinal
202,290
204,868
219,474
240,158
251,080
237,332
198,913
150,733
108,629
78,555
57,877
41,908
27,616
13,765
2
-

Mensal
2,033,200
2,033,200
Ok!
Mensal
5,780
11,633
17,904
24,765
31,939
38,720
44,403
48,710
51,814
54,058
55,712
56,909
57,698
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
58,091
52,312
46,458

Semestral
0
0
Ok!
Semestral
-

Anual
0
0
Ok!
Anual
-

Chaves
#NAME?
10,166,000
#NAME?
Chaves
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

TRUE
Financiamento
26,431,600
26,431,600
Ok!
Financiamento
-

Total
#NAME?
40,664,000
#NAME?
Total
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
202,290
210,647
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Total
#NAME?

6,681

JurosPs
441

Fase

Lanamento

Incio das Obras

Fim das Vendas

Fim da Obra

Recebimento Total
0
0
0
0
0
0
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
202,290
210,647
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Viabilidade Modelo
Estudo 1
Fluxo de caixa
2.00%
No.

Ms

Receita Bruta
#NAME?

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
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62

04/12
05/12
06/12
07/12
08/12
09/12
10/12
11/12
12/12
01/13
02/13
03/13
04/13
05/13
06/13
07/13
08/13
09/13
10/13
11/13
12/13
01/14
02/14
03/14
04/14
05/14
06/14
07/14
08/14
09/14
10/14
11/14
12/14
01/15
02/15
03/15
04/15
05/15
06/15
07/15
08/15
09/15
10/15
11/15
12/15
01/16
02/16
03/16
04/16
05/16
06/16
07/16
08/16
09/16
10/16
11/16
12/16
01/17
02/17
03/17
04/17
05/17

0
0
0
0
0
0
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
202,290
210,647
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Juros
Ps
6,681
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
441
763
949
993
919
779
623
477
344
226
123
45
0

Receita Total
#NAME?
0
0
0
0
0
0
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
202,290
210,647
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Compra do
Terreno
(4,986,000)
(4,986,000)
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
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
0
0

ITBI
(99,720)
0
(99,720)
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
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

Projetos
(375,047)
0
0
(62,508)
(62,508)
(62,508)
(62,508)
(62,508)
(62,508)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Construo
Obra
(18,752,360)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(375,047)
(375,047)
(375,047)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(750,094)
(1,125,142)
(1,125,142)
(1,125,142)
(1,125,142)
(1,125,142)
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Comisso
Terreno

Taxas e licenas
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
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
0
0
0

(203,320)
0
0
0
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
(16,943)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Promoo
Publicidade
(1,626,560)
0
0
0
0
0
0
0
0
(406,640)
(406,640)
(406,640)
(406,640)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Comisso
Vendas
(1,626,560)
0
0
0
0
0
0
0
0
0
0
0
0
(161,832)
(163,894)
(175,579)
(192,127)
(200,864)
(189,865)
(159,131)
(120,586)
(86,904)
(62,844)
(46,301)
(33,526)
(22,093)
(11,012)
(1)
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
0
0
0
0

Administ.
Infra-estrutura
Incorpor.
(276,696)
0
(49,860)
0
(997)
0
(625)
0
(795)
0
(795)
0
(795)
0
(795)
0
(795)
0
(4,236)
0
(4,236)
0
(4,236)
0
(4,236)
0
(1,788)
0
(1,808)
0
(1,925)
0
(1,921)
0
(2,009)
0
(1,899)
0
(1,591)
0
(1,206)
0
(869)
0
(628)
0
(463)
0
(335)
0
(3,971)
0
(3,861)
0
(3,750)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(7,501)
0
(11,251)
0
(11,251)
0
(11,251)
0
(11,251)
0
(11,251)
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 de
PIS/Cofins
Despesas
(27,946,263) #NAME?
(5,035,860)
0
(100,717)
0
(63,133)
0
(80,246)
0
(80,246)
0
(80,246)
0
(80,246) #NAME?
(80,246) #NAME?
(427,819) #NAME?
(427,819) #NAME?
(427,819) #NAME?
(427,819) #NAME?
(180,563)
(9,406)
(182,646)
(9,795)
(194,448) #NAME?
(194,048) #NAME?
(202,873) #NAME?
(191,764) #NAME?
(160,722) #NAME?
(121,792) #NAME?
(87,773) #NAME?
(63,473) #NAME?
(46,764) #NAME?
(33,862) #NAME?
(401,111) #NAME?
(389,920) #NAME?
(378,799) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(757,595) #NAME?
(1,136,393) #NAME?
(1,136,393) #NAME?
(1,136,393) #NAME?
(1,136,393) #NAME?
(1,136,393) #NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?
0
#NAME?

LAIR
#NAME?
(5,035,860)
(100,717)
(63,133)
(80,246)
(80,246)
(80,246)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
12,320
18,206
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

IR/CSSL
#NAME?
0
0
0
0
0
0
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
(6,231)
(6,488)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

LL
#NAME?
(5,035,860)
(100,717)
(63,133)
(80,246)
(80,246)
(80,246)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
6,090
11,718
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Fx Caixa
Mensal
#NAME?
(5,035,860)
(100,717)
(63,133)
(80,246)
(80,246)
(80,246)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
6,090
11,718
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Fx Caixa
Acumulado
(5,035,860)
(5,136,577)
(5,199,710)
(5,279,956)
(5,360,202)
(5,440,447)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Fx Caixa Acumulado a
V.P.

Lanamento

Incio das Obras

Fim das Vendas

Fim da Obra
Repasse

(5,035,860)
(5,042,352)
(4,964,629)
(4,860,828)
(4,716,879)
(4,537,277)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Despesa
Financeira
#NAME?
(51,241)
(51,871)
(52,671)
(53,472)
(54,272)
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Viabilidade Modelo

5/6/12 13:14

Estudo 1

Taxa Valor Presente:

12% a.a.

Resumo Condies Financeiras

Quadro de resultados

Millions

(1.0)
(2.0)
(3.0)
(4.0)
(5.0)
(6.0)

Incio das Obras

Fim das Vendas

Lanamento

0.0

Fim da Obra
Repasse

Valor Nominal
#NAME?
#NAME?
(5,085,720)
(4,986,000)
(99,720)
(375,047)
(18,752,360)
(1,626,560)
(1,626,560)
(276,696)
(203,320)
#NAME?
#NAME?
6,681
#NAME?

Receita Bruta Total (VGV)

Despesas Totais
Terreno
Imvel
ITBI + Comisso
Infra-estrutura
Projetos
Construo Obra
Promoo/Publicidade
Comisso Vendas
Administrao da incorporao
Taxas e licenas
Impostos Federais
Lucro Lquido Empreendimento
Juros Ps-Chaves
Lucro Total

% Nominal
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

VPL
#NAME?
#NAME?
(5,084,735)
(4,986,000)
(98,735)
(358,715)
(13,007,569)
(1,480,277)
(1,382,941)
(215,012)
(186,979)
#NAME?
#NAME?
3,949
#NAME?

% VPL
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?

Viabilidade Modelo

5/6/12 13:14

Estudo 1
Resumo Condies Financeiras

Taxa Valor Presente:

12% a.a.

Descrio resumida do empreendimento

rea do terreno (m2)
Valor do terreno

2,770
4,986,000 (nominal)

Quantidade de unid.

#NAME?

(a V.P.)

46

rea privativa mdia (m2)

170.00

Prazo de obra (meses)

24

Valor de venda (R$)

884,000 (nominal)

Custo de construo (R$)

407,660 (nominal)

Valor (nominal)

% do VGV
(nominal)

Valor (a V.P.)

% do VGV (a V.P.)

Receita Bruta Total (VGV)

#NAME?

100.0%

#NAME?

100.0%

Despesas Totais

#NAME?

#NAME?

#NAME?

#NAME?

Lucro

#NAME?

#NAME?

#NAME?

#NAME?

Valor (nominal)

a V.P,

#NAME?

#NAME?

Quadro de resultados

Receitas e despesas financeiras

Capital a ser investido
Tx. de remuner. capital (%a.m.)

1.00%

12.65% a.a.

Despesa financeira

#NAME?

#NAME?

Receita financeira

#NAME?

#NAME?

Payback (meses)

Resultado lquido do negcio

Resultado lquido

(Exposio mxima do empreend.)

(Remunerao do capital Investido)

Valor (nominal)

% do VGV
(nominal)

Valor (a V.P.)

% do VGV (a V.P.)

#NAME?

#NAME?

#NAME?

#NAME?