median 1,591 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 276 €/mo rent · pays for itself in ~ 11 yrs
Strong investment rating
The rent covers 311% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This garage/Parking is priced 10% below the typical price (the median) for comparable properties — 1,428 €/m² against 1,591 €/m².
With 20% down over 20 years the monthly mortgage payment is about 89 €, against an expected local rent of 276 €. The rent covers the whole payment (311%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,591 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 276 €/mo rent · pays for itself in ~ 11 yrs
median 1,591 €/m² for comparable properties
Rent covers ~ 160% of the payment
~ 276 €/mo rent · pays for itself in ~ 12 yrs
median 1,591 €/m² for comparable properties
Rent covers ~ 249% of the payment
~ 276 €/mo rent · pays for itself in ~ 8 yrs
median 1,591 €/m² for comparable properties
Rent covers ~ 178% of the payment
~ 276 €/mo rent · pays for itself in ~ 11 yrs