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Hamburg-Bergedorf · Faktor 22,9: 12 vermietete Eigentumswohnungen, einzeln erwerbbar – Ø 4.393 €/m² in Hamburg-Bergedorf
Reserved

WE 6

Commission-free for buyers.

Guaranteed rent
€1,336.00 / month
4.37% yield · multiplier 22.9x
Current rent
after exposé release
Return on equity p.a. · 10 years · after tax
11.4%+5.0% vs. MSCI World
This apartment (2% value growth)11.4%
MSCI World (after tax)6.4%
Value growth p.a.:0% → -2.7%1% → 5.9%2% → 11.4%
Equity (purchase costs 7.5%)€27,540
Monthly net (year 1)−€195/month
Wealth after 10 years — apartment€125,537
Same payments invested in the MSCI World€86,867

Affordable: €150 to €300 net per month — suits buyers on the top tax rate with some headroom

Purchase price 100% financed (4.5% interest, 1% repayment), equity = incidental purchase costs, tax rate 42%, constant rent (guaranteed rent, otherwise current rent), tax-free sale after 10 years. Depreciation (AfA) 2% p.a. (straight-line by year of construction) on the building share (75%) of the acquisition costs incl. incidental costs. MSCI World: 7.5% p.a. before tax (long-term average), German flat-rate withholding tax with partial exemption on sale; in the wealth comparison, equity and all top-up payments are invested identically. Value growth is an assumption — hence the scenarios. Non-binding sample calculation, not investment, tax or financing advice.

Building98/98a
Floor–
Rooms–
Living area83.50 m²
Purchase price€367,200
Price per m²€4,398

Floor plan, current rent, service charge, address and documents become visible once the exposé for this project has been released — request the exposé below.

Your business case — after tax

Enter your key figures as an example — everything is calculated locally, nothing is saved.

1 · Your key figures
Marginal tax rate
Equity €
2 · Financing
Interest rate % p.a.
Repayment % p.a.
Federal state (property transfer tax)
3 · Property & tax
Non-recoverable service charge €/mo
Reserve €/mo
Building share %
Depreciation (AfA) % p.a.
Purchase price€367,200
Incidental purchase costs (property transfer tax 5.5% + notary/land registry 2%)€27,540
Total investment€394,740
Loan€339,660
Annual depreciation (AfA)€5,921
Monthly calculationGuaranteed rent
Rental income+€1,336.00
Non-recoverable service charge + reserve−€85.00
Loan instalment (interest + repayment)−€1,647.35
Cash flow before tax−€396.35
Tax effectfrom taxable result (rent − interest − depreciation − costs) × 42%+€184.88
Cash flow after tax−€211.47
of which repayment = wealth buildingthe instalment includes repayment — it is not a loss but debt reduction+€424.58
Return on equity after tax (incl. repayment)4.6%

Current rent not yet provided — the calculation shows the guaranteed rent case.

Non-binding, simplified sample calculation (straight-line depreciation on the pro-rata acquisition costs, first-year interest, reserve contributions not treated as tax-deductible, excluding church tax/solidarity surcharge) — not investment, financing or tax advice. Please check your individual situation with your tax adviser and bank.