Marketplace Deal
Munich Studio – Schwabing
Munich, Germany · Apartment
Deal Score
83/ 100
Excellent
Gross Yield
6.29%
Cap Rate
4.29%
Faktor
15.9×
Pre-Tax Cashflow
-102 €
/moTax Refund (AfA)
9 €
/moAfter-Tax Cashflow
-94 €
/moDSCR
0.88
EKR (Cash-on-Cash)
7.94%
Total Invested
86.000 €
AI Investment Commentary
AI analysis temporarily unavailable. Review the metrics above for your investment decision.
Year 1 Cashflow Breakdown
Einnahmen & Ausgaben — monthly view
-94 €
after-tax / month
+
Gross Rental IncomeKaltmiete
1.100 €-
Vacancy Deduction3% Leerstand
−33 €=
Effective IncomeNettomieteinnahmen
1.067 €-
Mortgage InterestZinszahlung (Jahr 1)
−429 €-
Principal RepaymentTilgung
−424 €-
Operating ExpensesHausgeld & Verwaltung
−317 €=
Pre-Tax CashflowCashflow vor Steuern
102 €-
AfA Depreciation (2%)Abschreibung p.a. (steuerlich)
−342 €+
Tax Refund (42% rate)Steuerrückerstattung
9 €=
After-Tax CashflowCashflow nach Steuern
94 €Faktor
15.9×
AfA Base (80%)
205.200 €
Annual AfA
4.104 €
Annual Tax Refund
+103 €
Annual Breakdown
Net Annual Cashflow-1.226 €
10-Year Equity & Cashflow
Property Value Projection
Year 10282.222 €
10-Year Annual Projection
Annual Summary — interest, principal, tax refund & cashflow
| Year | Zinsen Interest | Tilgung Principal | CF vor St. Pre-Tax | Steuerrückerstattung Tax Refund | CF nach St. After-Tax | Monatlich After-Tax/mo |
|---|---|---|---|---|---|---|
| Year 1 | −5.145 € | 5.085 € | -918 € | -27 € | -945 € | -79 € |
| Year 2 | −4.964 € | 5.266 € | -600 € | -236 € | -836 € | -70 € |
| Year 3 | −4.777 € | 5.454 € | -272 € | -453 € | -725 € | -60 € |
| Year 4 | −4.583 € | 5.648 € | +67 € | -677 € | -610 € | -51 € |
| Year 5 | −4.382 € | 5.849 € | +417 € | -908 € | -491 € | -41 € |
| Year 6 | −4.174 € | 6.057 € | +779 € | -1.147 € | -368 € | -31 € |
| Year 7 | −3.959 € | 6.272 € | +1.152 € | -1.394 € | -242 € | -20 € |
| Year 8 | −3.735 € | 6.495 € | +1.537 € | -1.650 € | -113 € | -9 € |
| Year 9 | −3.504 € | 6.726 € | +1.934 € | -1.914 € | +20 € | +2 € |
| Year 10 | −3.265 € | 6.965 € | +2.345 € | -2.187 € | +158 € | +13 € |
| 10-Year Total | −42.488 € | 59.817 € | +6.441 € | +-10.593 € | -4.152 € | avg -35 €/mo |
Financial Summary
Purchase Price
210.000 €
Down Payment
63.000 €
Loan Amount
147.000 €
Monthly Mortgage
853 €
NOI (Annual)
9.004 €
Annual Debt Service
10.230 €
German Tax Analysis (AfA / Steuerrückerstattung)
AfA Rate
2% p.a.
Annual AfA Deduction
4.104 €
Year 1 Interest Paid
5.145 €
Taxable Rental Income (V+V)
-245 €
Annual Tax Refund
103 €
After-Tax Annual Cashflow
-1.124 €