Profitable house

Profitable house consisting of 3 buildings (total area 2700m2): 

• building - 58m2
• The new building - 984m2 (commissioned in 2000)
• old building - 1704m2 (all communications and floors have been replaced)

Area to be leased: 2200 m2.

The area of ​​the land: 2400 m2. 

Number of tenants: 12 (warehouses, shops).

Rental price: warehouses - 3,5 € / m2, shops - 7 € / m2.

95% of the total area is leased out.   

Rental income per month including VAT: 12,051 €.

All official accounting! 

Number of employees: 5 (3 security guards, 1 janitor, 1 manager).   

Property tax: 11234 € / year (payments of 936 € / month).

Net income (after payment of ALL expenses and taxes): 110,000 € (9% per annum).