At market level
median 978 €/m² for comparable properties
130,000 € 1,040 €/m²
Rent covers ~ 308% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 6 yrs
Sale25,000 €625 €/m²
Expected rent1,778 € /mo
~14,000 € BELOW MARKET
good value
against the median for houses in Cherno more (10 properties)
Area
40 m²
Land Area
200 m²
Floor
0 / 1
Construction
Brick
Year
2000
Yield analysis
Strong investment rating
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 1603% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 1 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 14,000 € below the typical price (the median) for houses in Cherno more (10 properties) — 625 €/m² against 978 €/m².
With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 1,778 €. The rent covers the whole payment (1603%).
Details
- Category
- Residential
Location
Similar properties nearby
At market level
median 978 €/m² for comparable properties
164,900 € 916 €/m²
Rent covers ~ 243% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 8 yrs
−10% below market
median 978 €/m² for comparable properties
124,000 € 885 €/m²
Rent covers ~ 323% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 6 yrs
+62% above market
median 978 €/m² for comparable properties
250,000 € 1,582 €/m²
Rent covers ~ 160% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 12 yrs
−34% below market
median 978 €/m² for comparable properties
65,000 € 650 €/m²
Rent covers ~ 617% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 3 yrs
+60% above market
median 978 €/m² for comparable properties
250,000 € 1,562 €/m²
Rent covers ~ 160% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 12 yrs
−28% below market
median 978 €/m² for comparable properties
59,900 € 704 €/m²
Rent covers ~ 669% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 3 yrs
+11% above market
median 978 €/m² for comparable properties
65,000 € 1,083 €/m²
Rent covers ~ 617% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 3 yrs