Sample Report: Investment Property (Educational)

Key takeaways

• Illustrative example — not a real property valuation
• Investment lens: net yield and vacancy sensitivity
• Conditional proceed if rent proof fails or price does not adjust

Definitions

Vacancy stress test

Recomputing net yield after assuming extra vacant months—shows fragility of optimistic rent assumptions.

Executive summary

Multi-unit residential asset, 320 m² built area, price 890,000 TND, target gross yield 7.2%. Market rent assumptions optimistic vs conservative comps.

Property score

68/100 — Moderate: Yield attractive; assumptions need validation

Risk assessment

• Vacancy stress test reduces net yield below 5.5%
• One unit requires cosmetic capex
• Regulatory compliance for short-term rent unverified

Yield analysis

Gross: 7.2% · Net: 5.6%

Stress case net 4.8% with 2 months vacancy

Recommendation

Conditional proceed—re-trade if rent proof or reduce price 8–10% to meet target net yield.

Property profile (hypothetical)

Multi-unit residential, ~320 m² built, asking 890,000 TND, target gross yield 7.2%. Designed to show yield-first screening—not development or PAU zoning analysis.

Location & geographic context

Tenant demand depends on local employment and amenity catchments. OSM enrichment informs access narrative; it does not prove occupancy rates.

Accessibility

For investors, accessibility proxies tenant pool quality. Treat distance-to-services as context, not a rent forecast.

Valuation assumptions

Purchase price and rent comps in the sample are placeholders. ARDH scenarios are not guarantees of exit price or bank LTV.

Investment assumptions

Gross 7.2% / net 5.6% with a stress case near 4.8% after vacancy. Always replace illustrative rents with signed leases or broker evidence.

Risk methodology

Flags cover vacancy, cosmetic capex, and short-term rental regulation uncertainty. Regulatory compliance is never assumed complete.

SWOT methodology

Strength: headline yield. Weakness: optimistic rent. Opportunity: price reduction. Threat: vacancy + regulation. Use SWOT to structure IC memos—not as investment advice.

Final recommendation — how to interpret it

“Conditional proceed” means the deal only works if assumptions are proven or price adjusts. It is not a buy recommendation from ARDH Consulting.

Limitations of this sample

No guarantee of rental income, future prices, or permit compliance. Cross-check with Methodology, Data sources, and Limitations; verify with lawyers and local property managers.

Frequently asked questions

Does ARDH guarantee rental income?

No. Yield figures are scenario math under user or illustrative assumptions.