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High Return 2 Bedroom Apartment

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Living space
87
Bedrooms
2
Living rooms
1
Bathrooms
1
Rented since
06/2010
€268,770
€3,100/m²
BUYER COMMISSIONCommission-Free

Highlights

Historic building, dating to 1906, renovated in 2014

Wooden floorboards

High ceilings and lots of natural light

Landscaped garden courtyard

Very popular neighbourhood

Description

The Building

Despite being more than a hundred years old, INNDIGO undoubtedly has an eye on the future. With its eye-catching, bold façade, the building presents a fascinating fusion of modern exterior and classic interior. The building was comprehensively renovated in 2014, including a complete overhaul of the façades, stairwells and balconies, and is situated around a tranquil landscaped inner courtyard.

The Apartment

Hidden away on the ground floor, behind the excitingly modern façade, lies a classic 3-room Altbau apartment, with large living area and two practical storerooms. In addition, residents here benefit from a compact bathroom and plenty of light. And with 87m², both families and discerning couples will feel more than comfortable.

The Location

The apartment is located in Neukölln’s Weserkiez, one of the most colourful, interesting and popular neighbourhoods in Berlin. Weserstraße, the street from which the neighbourhood takes its name, is the lifeline of the area, and famous throughout the city for its vibrant atmosphere and array of bars, restaurants, and shops.

Apartment ID:31
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FEATURES

Balcony
3m Ceilings
Main Flooring: Floorboard
Cellar

APARTMENT DETAILS

Firing: Distance
Ground floor

DOCUMENTS

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Exposé
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Floorplan

Condition

Needs minor fixes

No costly repairs
Ready to move in
Flexibility of design
Visualization and dimensions of the 3D model are for illustrative purposes only and are not binding.

Return calculator

All projections are estimated for a period of 10 years.

RETURN CALCULATOR

Return on equity
9.90% p.a.
Down payment
€117,184
MONTHLY PAYMENT
€192/month

Projected financial performance

All projections are estimated for a period of 10 years.
Summary
Apartment
Financing
Market
Transaction
PURCHASE
Down Payment
€117,184
megaicons/down-payment
  • Purchase Price
    €268,770
  • Closing Costs
    €24,189
  • Opening Loan Balance
    €175,776
  • Initial Cash Investment
    €117,184
RETURN
Return on Equity
9.90% p.a.
  • Initial Cash Investment
    €117,184
  • Opening Loan Balance
    €175,776
  • Ending Cash Balance
    €311,419
  • Ending Loan Balance
    €126,379
GROWTH
Initial Operating Balance
€192/month
  • Initial Rental Income
    €655
  • Initial Rental Costs
    €96
  • Initial Loan Interest
    €366
  • Initial Operating Balance
    €192
Disclaimer: The projected financial performance is purely for illustrative purposes and does not constitute financial advice. The shown financial figures are estimations (“Performance Data”) only. Such Performance Data is based on the current expectations and certain assumptions, of which many are beyond the control of EverEstate Gmbh. These are subject to a number of risks, uncertainties and other factors. EverEstate Gmbh does not guarantee any Performance Data shown; future results and performance may be higher or lower than the Performance Data.
High Return 2 Bedroom Apartment
Innstraße 35, 12045 Berlin

LISTING PROVIDED BY:

ZIEGERT Bank- und Immobilienconsulting GmbH
Schlüterstr. 54
10629 Berlin
The Ziegert Group is Berlin’s leading Real Estate company, and cooperates internationally with Knight Frank. The team of over 200 highly qualified and motivated employees focuses on the sale of apartments, financial consulting, as well as interior design and other property-related services. The goal is to provide a full 360° service to customers in national and international markets.
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