Simulator
What could a share of rented property return?
Pick an amount and a scenario. Every figure is after fees and taxes, and the bad case is always next to the good one.
Steps of 5,000 MAD. The limit is 500,000 MAD per project. Above that: business angels are not capped, talk to us.
Holding period: 5 years, fixed
Your money is locked up while the property is held. After the first year, organised exit windows open every 6 months, where you can offer your share to other associates. A buyer is not guaranteed and a transfer fee applies. This simulation assumes you stay until the sale in year 5.
Your result, Base scenario
All figures are net · indicative · not guaranteed, after fees and taxes.
Net cash per year
The rent your share earns in year 1, after the property reserve, IGUDAR's platform fee (incl. TVA), corporate tax and the 10 % withholding on dividends. It is a projection, not a promise.How is this calculated?1,122.51 MAD
4.5 % indicative net cash yield (Base) · not guaranteed
Net profit over 5 years
Everything you receive over 5 years (yearly cash plus your share of the sale at the end) minus the amount you invested, after all fees and taxes. The property could sell for more or less than assumed.How is this calculated?4,246.26 MAD
Cash received plus your share of the sale, minus what you put in (net · indicative · not guaranteed).
Net IRR
IRR is your yearly rate of return counting when each payment arrives. It includes the 6.5 % purchase costs (registration, land registry, notary) paid from the capital, so it is lower than the cash yield.How is this calculated?3.47 %
3.5 % net IRR (Base) · indicative · not guaranteed
Money multiple
How many dirhams come back for each dirham invested, after fees and taxes. 1.00× means you only get your money back; below 1.00× would be a loss.How is this calculated?1.17×
Total money back divided by money in, over 5 years (net · indicative · not guaranteed).
The same amount in each scenario
We always show the pessimistic case first. Real life can land anywhere in this range, or outside it.
Pessimistic
- Net cash per year
- 912.88 MAD
- Net profit over 5 years
- 2,146.55 MAD
- Net IRR
- 1.79 %
Loses to a bank deposit
BaseChosen
- Net cash per year
- 1,122.51 MAD
- Net profit over 5 years
- 4,246.26 MAD
- Net IRR
- 3.47 %
Beats a bank deposit
Optimistic
- Net cash per year
- 1,369.27 MAD
- Net profit over 5 years
- 6,198.31 MAD
- Net IRR
- 5.01 %
Beats a bank deposit
Versus a bank deposit
Net profit over 5 years on the same amount (Base scenario, indicative).
In this scenario the property share earns more than a deposit. It also carries risks a deposit does not: vacancy, a falling price, and money locked up for 5 years.
Where your rent goes
Every 100 MAD of rent the property earns in year 1, Base scenario (indicative).
You keep 59.8 of every 100 MAD.
Reserve and vacancy
5.0 MAD
Kept aside for repairs and empty months
IGUDAR platform fee
12.0 MAD
Covers running costs, incl. TVA
Corporate tax
16.6 MAD
Paid by the property company
Withholding tax
6.6 MAD
10 % on the dividend you receive
You
59.8 MAD
Lands in your bank account
What you pay IGUDAR
For 25,000 MAD. Sellers and operators pay their own fees; you do not.
- Entry fee
- 0.00 MAD
- Nothing to pay to subscribe.
- Platform fee, per year
- 225.00 MAD incl. TVA
- 187.50 MAD before TVA. Paid through the property company, it covers its running costs.
- Exit fee, your share
- 433.20 MAD
- Charged to the property company when the building is sold (Base scenario sale price, incl. TVA).
- Transfer fee
- 1.5 % of the amount traded
- Only if you sell your share early, in an exit window. Not part of the 5-year simulation.
Interested at this amount?
Leave your email. It is non-binding and no money is collected. We will note 25,000 MAD and the Base scenario you looked at.
1,123 MAD/yr · 4,246 MAD over 5 yrs
Base · net · indicative · not guaranteed