Initial Results
Rental yield
3,75 %
Rental income/month
772 €
Price/m²
6.024 €
Securing Your Loan
You would finance of the purchase price with a loan. Your repayment rate is set at , ensuring a structured approach to repaying your mortgage. You are considering a KfW loan of , with an interest rate of . Meanwhile, your bank is offering an interest rate of on the remaining loan. You anticipate additional costs of when obtaining the loan. Your KfW loan has a fixed period of , with a payback period of and a repayment-free period of , allowing you financial flexibility in the early years of ownership.
How will your loan and equity cover your purchase?
For your desired property, the costs you have to consider are notary fees of 2 % and property transfer tax of 6,5 %. In total, you will have the purchase fees of 21.945 € for this property. In addition you have a downpayment of 0 €, for total up front cost of 21.945 €.
Bank loan is 97.000 € with the interest rate of 4,41 %.
KfW loan is 150.000 € with the interest rate of 2,44 %.
Total loan amount is 247.000 € with the mixed interest rate of 3,21 %.
Your Financial Situation
Your annual gross income is , and you file taxes as .
Your estimated marginal tax rate is 47 %. This influences your loan eligibility and tax refund related to property ownership.
Investment Assumptions
You will buy in month(s) and anticipate the property will be completed in month(s). You also account for a further rental delay of month(s) after completion. Over time, you expect the property value to appreciate by per year and rental income to grow at per year. The property has a payment schedule.
Advanced Considerations
Have you chosen to apply tax deductions in advance for the same year? To ensure smooth property management, you account for in tax-deductible property management fees (SEV und WEG) and in maintenance reserves, which are not tax-deductible. The land value is estimated at .
Tax Depreciation and Tax Savings of a Property as % of Initial Building Value
Projected Overall Financial Outcomes
Since your property qualifies for the Sonder-AfA condition and with your upfront investment of 21.945 €, your projected total gains over various periods are as follows:
The internal rate of return (IRR) over these timeframes is estimated as:
IRR over 10 years
25,8 %
IRR over 15 years
21,34 %
IRR over 30 years
14,34 %
Visualizing Your Investment
To help you analyze your financial projections, here are the key insights:
Average monthly cash flow projection in year 1-40 (Cashflow excludes the purchase fees and downpayment)
Your Projected Payment Plan (Average Monthly Cashflow)
Cumulative net worth over time
By carefully planning your property investment, securing favorable financing, and optimizing tax refund, you are setting yourself up for long-term financial success. This strategic approach ensures that your investment aligns with your financial goals and maximizes your returns over time.
