Yearly return after company tax (money-weighted) — T2 in Melun — SCI à l’IS · ID 01SCI ISMWRR — After IS

Company lender rate > 0: shortfalls are covered by a lender's short-term loan (not your money). Rate = 0: shortfalls are paid by you and counted here. The company's lender rate (one for the whole company: the portfolio's setting, else the first property's) is 0.00%, so you cover shortfalls personally — each year you put in exactly what keeps the company account at €0 (the payment after the purchase shown on the Savings account page, which also joins your compte courant and is paid back at the sale). The same injections as the After Sale page: Year 0 is the initial investment, then each year the cash you added when the company ran short — the payments after the purchase of the savings account page, Part 3 (after the company tax was paid, so they can include cash that only paid that tax — unlike the before-tax page). Each injection is made at the end of its year and grows from the next year on.

What's added at Year 25, on top of the recurring cash-flow account above: the property's own built-up equity and appreciation — the same 3 terms Property Networth After IS assembles from, alongside its own Closing Balance/IS terms (this page's own Σ Totals above). Full ledgers on Equity from Loan and Appreciation.

Any deficit year's own negative Total is still counted here in full (the loss is real) — but that same amount is also added to Total Injected (Part 1), so it cancels out of the Final Amount below without disappearing from Total Profit. Final Amount below equals Property Networth After IS exactly: the cash you added sits in the company account (since 2026-09-25 the injections are the engine's own payments after the purchase).

Each amount in the worked lines is rounded to the cent, so a line can differ by €0.01.

Year 25: final amount = total injected €33,874.46 − €9,464.46 (Σ totals) + €140,466.65 (Year 25 extras) − €24,410.00 (initial investment) = €140,466.65.

Year 25: this equals what the property is worth to you after company tax, €140,466.65. (its page)

Bars are drawn only for Year 0 (the initial investment) and Year 25 (that year's own amounts plus the Year 25 extras); the in-between years' amounts are too small to read at this scale, so they aren't drawn — hover any year for its full breakdown. Y-axis uses a compressed (signed arcsinh) scale; hover values and labels still show real, untransformed euro amounts. The total profit line tracks the running net profit through each year (starting at −€24,410, ending at Total Profit — the same Total Profit figure shown in Part 2) — add back Total Injected (Part 1), not just the Year 0 investment, to get the Final Amount from Part 2. No breakeven marker here deliberately — most of Total Profit lands all at once at Year N (Year N Extras), so a mid-chart zero-crossing on the cumulative line wouldn't mean you'd actually recovered your money at that point, only that the running Total_t sum did.

Each euro injected, compounded at R from its own injection year, equals the final amount. Built up in 3 steps: first the total actually injected, then the final amount it grew into, then R itself.

Step 1 — Total Injected

Step 2 — Final Amount (FV_final)

Step 3 — Solve for R

R ≈ 6.4631%: Σ Inj_t × (1 + R)^(25 − t) = €140,466.65; minus the final amount €140,466.65 = €0.00 — R is the rate that makes this €0. Each injection is made at the end of its year t and grows from the next year on, for N − t years (the initial investment, Year 0, for all N).

Depends on the rate idle cash earns in the Reinvestment/Financing Account — see Reinvestment/Financing Account.

MWRR by exit year — the exact same method as Part 4, recomputed for every year 1 through 25 instead of just Year 25. Use the year selector above to view any one of these years in full detail.