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Property for sale information

 
Germany, Berlin, Pankow / Attractive Yield of 5.4% in great location  
Reference nr: LO213418
Description:

This tenanted apartment is located in Berlin-Pankow - widely tipped as the next Prenzlauer Berg. The property has a large living area, bedroom, bathroom and kitchen as well as a large balcony. This third floor apartment has a tiled bathroom, gas central heating, new wood strip flooring and a fully fitted kitchen complete with electric appliances. The five storey apartment building has cellar storage, car parking, a lift and an inner courtyard complete with a children’s playground.
The monthly rental income is 375€ (including 50€ for car parking).The yield, therefore, is a very attractive 5.4%!

Price from Euro 74,750

Area: Berlin, Pankow, Hauptstrasse
Type: Apartment
Bedrooms: 1
Baths: 1
Size: 53.45 m²
Tenanted: yes
Yield: 5.4 %
Ref: FBGT1114


PLEASE CALL US ON 01-6771188 FOR FURTHER DETAILS.

Bedrooms: Bathrooms: Price (€):
1 1 74,750
Features:
City
Furnished
Submission Date:
06-25-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €74,750
 

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