54.8 m²
2
1958
✓ VERIFIED
01/12/2027
5.51%


0/1
54.8 m²
2
1958
✓ VERIFIED
01/12/2027
5.51%
Property with tenant built in 1958 in Madrid, Madrid. The house is on the third floor, which has 42.61 m2, distributed in 2 double bedrooms, bathroom, separate kitchen and living room. Armored door and wooden floors. New double glazed windows. Property does not have an elevator. It has air conditioning and heating with hot and cold pumps in the living room and bedrooms. The bathroom has an electric towel radiator.
Comprehensive renovation in 2018 including plumbing, electricity, carpentry, flooring, redistribution of the home, windows, doors.
It is in good state of maintenance.
QUALITY OF THE AREA
Carmen Montoya, 10, Madrid, Madrid
Flat
54.8 m²
46.21 m²
2
1
1958
Good condition
Yes
Good condition
Yes
Property Reference: 1815
Lease type
HabitualSublease
NoSecurity deposit
€1,700Is there a right to purchase?
NoUpgradable to the IPC
YesIPC updated
-Animals allowed
NoClaimable for own use
YesPurchase price
Monthly rent
Acquisition costs
Total Initial Investment

Revenue
Current annual rent
Annual rent increase
Vacancy factor
Expected income 2º year
10,290.78 €Expenses
Total operating expenses
1,112.39 €Net operating cash flow
9,087.61 € Mortgage
Net cash flow
9,087.61 €A selection of properties carefully chosen by our team.