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Property for sale information

 
Elisabeth Str  
Price: € 350,000
Mortgage & ROI calculators »
Type: Commercial
Country: Germany



Reference nr: MK519437
Description:

Location:
The property is centrally located in Rostock’s Steintor Vorstadt, a residential area mostly sporting period multi-storey terrace buildings.
Popular residential area with easy access to city center, amenities, motorway, hospitals & shopping.

Description: Built in 1900, basement, fully renovated in 2000. Total living area 237 m².

Furnishings: Baths, built-in kitchens throughout, tiled throughout. All apartments with either bath or shower units, bathrooms with new windows, new windows throughout, Laminate flooring, south-east facing balconies & roof terraces, Gas central heating with warm water storage system, bicycle storage room, landscaped backyard.

Layout: *4 three-room apartments / *approx 366 m² total living space

Rental income: *Target rental income p.a. 27.559,00 €
*Actual rental income p.a. 27.559,00 €

Purchase Price: 350.000,00 € = 8% yield

Purchase Costs: Notary 2%, Land Registry Tax 3.5%, legal costs

Features:
Submission Date:
05-06-2008
Last Update:
06-23-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €350,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations