Updated 02.09.2021

This is my second rental property in my real estate portfolio. It has 2 apartments and an ATM. They are all rented out.

Purchase

Property price: 217 922€

Down payment: 56 995€
Registration of property: 768€

Banking fees: 805€
Lawyer: 2012€
Building expert: 620€

Total cash used to buy this property:  61 200€

Debt

Mortgage: 148 015€

Monthly cash flow

Rental income: 2 354€
Mortgage payment: 595€
Property tax: 90€
Property management fee: 31€
Estimated expenses (20% of rental income): 471€

Result (when fully rented out): 1 167€

Property value