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Property for sale information

 
Germany, Saxony, Werdau / Amazing Yield of 12% / Annual Rental Income Euro 17,100  
Price: € 142,500
Mortgage & ROI calculators »
Type: Apartment
Country: Germany

Berlin


Reference nr: LO809314
Description:

TENANTED APARTMENT HOUSE WITH 12% YIELD – SAXONY / This fully tenanted apartment house is in Werdau, Saxony. Werdau is a typical residential town in Saxony located 50km east of Chemnitz, 80km south of Leipzig and 210km from Berlin. The town is a tourist attraction set amongst the green rolling hills of Saxony, situated on the River Pleisse, with a population exceeding 23,000 and a history associated with textiles but more recently with precision engineering linked to the automobile industry.

This apartment house comprises of six residential units (366m2) and a detached garage to the rear of the property. The property is in excellent order throughout and delivers an annual rental income of 17,100 euros – a terrific yield of 12%!

All this is available at the bargain price of 389 euros per m2.

Price from Euro 142,500
Yield: 12 %


Area: Saxony, Werdau
Type: Apartment Block
Size: 366 m²
Tenanted: yes
Ref: FBVS1306


PLEASE CONTACT US ON 01-6771188 TO RESERVE THIS PROPERTY OR FOR FURTHER DETAILS!

Bedrooms: Bathrooms: Price (€):
8 6 142,500
Features:
City
Furnished
Submission Date:
06-26-2008
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: €142,500
 

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