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Leaseback Resales Profit/Loss Calculator


How to calculate your approximate profit upon the re-sale of your light leaseback property at Berges du Canal
Download a copy and fill in the four red boxes in Profit Calculator Open Office
or Profit Calculator Excel
To calculate your profit/loss add your figures in to the downloaded copy (the four figures that are bold in the example table) and the built in formulae will do the rest.
Purchase Price inc VAT, exc furniture   121 400   Estimated current market values for a Berges property ASSUMING sold without a lease in place (note that this is not possible) and purchaser obliged to repay the VAT initially saved (this figure is necessary to back-calculate the real market price):
Purchase price exc VAT exc furniture   101  505
Furniture*   4 800 One-bed mezzanine apartment (27m²)   99 500 3.685E/m²
VAT   19 895 Two-bed villa (40m²)   130 000 3.250E/m²
  Two-bed villa (55m²)   169 000 3.072E/m²
New market VALUE if the property is bought outside of the lease and VAT has to be repaid   169 000 Three-bed villa (68m²)   195 000 2.860E/m²
Plus furniture*   4 800

*Furniture - note that this is not included in the final profit sum as the purchase and sale cancel each other out.

 

For furniture, you can either take your initial furniture price, reduce a little for normal wear and tear and then add on a reasonable sum for any additions you are selling on with the property. Or, if you have added only one or two pieces, you can simply use the original price, with the normal wear and tear being balanced out by the one or two additions.
 
No of full years of ownership   3
Equal to VAT discount of   2 984
VAT initially saved minus VAT discount so far   16 910
 
Justifiable market price assuming lease continued (exc furniture, for calcs below)   152 089   
Market selling price incl furniture   156 889
 
Sales commission at 7% (on price exc furniture)   10 646
 
Seller's net price   141 443
 
Profit before CGT   39 938
 
CGT at 16%   6 390
 
Profit after CGT   33 548