8% return on investment in Hannover Döhren! (1,620 € per square meter). 3-room apartment with a factor of 18.5.

A top property for investors. This 3-room apartment, currently rented out to students, generates a return of approximately 8%. The total return of a property is always comprised of the current rental yield and the appreciation of the property. The rental yield is approximately 5.5% (around €1,131.74 profit per month after expenses), and the appreciation, conservatively estimated, is around 2.5%. Total: approximately 8% return.

And if you sell after 10 years (tax-free), you will achieve the following:
1. You will have earned €135,808.80 in rent (profit before taxes) if you never adjust the rent for the rooms over those 10 years. However, the normal turnover of a student apartment means that you can typically adjust the rent slightly every 3.5 years when a new room is rented. Therefore, the actual amount would likely be even higher.
2. A conservatively estimated appreciation of just 2.5% per year (only 25% in 10 years) means that the value of the property will increase from €250,000 to at least €312,500, which, in addition to the €135,808.80 in rent, represents a tax-free profit of approximately €62,500. Total: €198,308.80 (profit in 10 years).

Or, to put it another way, you buy today for €250,000 and in just about... Over 10 years, you could potentially earn a sales price of at least €312,500 (with only a 2.5% annual increase in value) and at least €135,808.80 in rent. This means that an initial investment of €250,000 could become €448,308.80 in just about 10 years.

Other features:
- All windows are new and triple-glazed.
- The electrical system is 3-phase and largely renewed (approximately 2015).
- Tiling in the hallway, kitchen, and bathroom (very durable).
- Storage space in the hallway (perfect for student rentals).
- 3 bedrooms (perfect for student rentals).
- Excellent location (perfect for student rentals).
- Radiators have been replaced (also approximately 2015).
- Bathroom with a window (perfect for ventilation).
- Well-maintained building (new entrance door and windows, etc.).

Rent:
- Room 1: €595 (including utilities, fiber optic internet, and partial furnishings).
- Room 2: €525 (including utilities, fiber optic internet, and partial furnishings).
- Room 3: €500 (including utilities, fiber optic internet, and partial furnishings).
Total: €1,620 / month (income).

Expenses:
- €233.26 for building maintenance, water, and reserve for maintenance.
- €120.00 for heating (gas) approximately.
- €65.00 for electricity approximately.
- €40.00 for fiber optic internet.
- €10.74 for other expenses.
- €19.26 for property tax.
Total: €493.26 / month (expenses).

€1,126.74 profit per month after expenses. €13,520.88 profit per year after expenses. Excellent price factor! In Hannover-Döhren, a typical price multiplier for rented investment properties is between 25 and 35. For example:
1) €13,580.88 annual rent x 25 = €339,522 property value
2) €13,580.88 annual rent x 30 = €407,426 property value
3) €13,580.88 annual rent x 35 = €475,330 property value

Why am I selling this excellent investment property for only €250,000 (a price multiplier of only approximately 18.5)? - The sole reason is that I am currently buying my first multi-family building and require liquidity for that purpose. Sale without a real estate agent. This means you save €8,925 (3.57% of €250,000)!!!

Excellent location, with the "Peiner Straße" subway station right outside. This makes it easy to reach the main train station, for example, in just about 10 minutes.