6.96% yield | Rental apartment in Dessau.

For sale is a small, one-room apartment in Dessau that has been rented out for several years. This property is particularly suitable for investors looking for a manageable investment with an existing rental agreement, clear financial figures, and no commission fees on the purchase. The apartment has been continuously rented since 2018. The monthly net rent is €290, equivalent to an annual net rent of €3,480. With a purchase price of €50,000, this results in a gross rental yield of approximately 6.96% and a factor of around 14.4.

Key figures:
Purchase price: €50,000 (negotiable)
Living area: approximately 37 m²
Rooms: 1
Floor: 1st floor
Renovation/Construction:­ 1996
Monthly net rent: €290
Annual net rent: €3,480
Gross rental yield: approximately 6.96%
Factor: approximately 14.4
Monthly service charges (Hausgeld): €276
Of which are included in the rent: €202
Not included in the rent: €74
Of which is for maintenance reserve: €36
Buyer's commission: none

After deducting the portion of the service charges that is not included in the rent, the calculated annual income is approximately €2,592 before financing, taxes, and any potential special expenses. The apartment features a built-in kitchen, a bathtub, partial furnishings, and a storage room in the basement. A floor plan is available and can be sent for review. The tenancy agreement is reliable; the rent is paid on time. This makes the property particularly suitable for buyers who are looking to acquire an existing, small investment property rather than a vacant unit. If you are seriously interested, I would be happy to provide further documentation, including the floor plan, tenancy agreement, service charge statements, financial plan, minutes of the owners' meetings, and other key figures. We can discuss the apportionment of notary fees.