At market level
median 1,000 €/m² for comparable properties
100,000 € 1,000 €/m²
Rent covers ~ 151% of the payment
~ 668 €/mo rent · pays for itself in ~ 12 yrs
Sale42,000 €2,100 €/m²
Expected rent668 € /mo
~22,000 € ABOVE MARKET
overpriced
against the median for houses in Lipaka (8 properties)
Area
20 m²
Land Area
2,000 m²
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment186 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 358% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 22,000 € above the typical price (the median) for houses in Lipaka (8 properties) — 2,100 €/m² against 1,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 186 €, against an expected local rent of 668 €. The rent covers the whole payment (358%).
Details
- Category
- Residential
Location
Similar properties nearby
At market level
median 1,000 €/m² for comparable properties
20,000 € 1,000 €/m²
Rent covers ~ 753% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
+12% above market
median 1,000 €/m² for comparable properties
83,900 € 1,118 €/m²
Rent covers ~ 179% of the payment
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median 1,000 €/m² for comparable properties
16,910 € 222 €/m²
Rent covers ~ 890% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
At market level
median 1,000 €/m² for comparable properties
25,000 € 1,000 €/m²
Rent covers ~ 602% of the payment
~ 668 €/mo rent · pays for itself in ~ 3 yrs
−61% below market
median 1,000 €/m² for comparable properties
14,000 € 388 €/m²
Rent covers ~ 1075% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
−60% below market
median 1,000 €/m² for comparable properties
16,000 € 400 €/m²
Rent covers ~ 941% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs