investment project. germany. residental house

CODE – S91Kirchberger str. 128, 0842 Wilkau, Hasslau

EXTERIOR3 floors/Good condition

LAND AREA – 1173 sqm

INTERIORLiving area – 380 sqm

To Chemnitz – 35km/ 38 min by car

To Leipzig – 115km/ 1 hour by car

To Berlin – 307km/ 3 hours by car

Project Profitability• Property cost €25.000• 3 flats/ 1 flat is rented now-€400• Estimated monthly rent – 3*€400=€1200/per month• Annual income you will get - €1200*12=€14.400• Maintaining your property:- Property tax(1.28%)=€25.000*1.28%=€320 per year-Waste water tax - ~€60 per year- The bills – water, gas, electricity- Third party insurance - ~€55 per year- The building insurance - ~ €150 per year- Income tax - ~25%= €14.400*25%= €3600 once per year Total= €320+ €60+ €55+ €150+ €3600= €4185

Your profit - €14.400- €4185= €10.215 per year

After 3 years your income will reach €30.645After 5 years your income will reach €51.075

Buying procedure/payments

Property cost €25.000

- Stump duty - ~2%= €25.000*2%= € 500- Council property purchase tax ~4.5%=

€25.000*4.5%= €1125- Cost pre-registration - €50- Cost full registration your ownership - €500

Total: €25.000+ €500+ €1125+ €50+ €500= € 27.175

Terms of payment

Property cost €25.000

First payment – 50%- €12.500Another part of payment €12.500 in installment during not more than 3 months Your monthly fee will be - €4167

*Important note – you can receive your full ownership on this house just after full payment, before this moment you will have just a pre-registration