Riga Latvia Apartment building (9% net) 

Apartment house, consisting of 3 buildings (total area of 2700m2): 1. Building 2. 58m2 new building of 984m2 (. Commissioned in 2000) 3. the old building of 1704m2 (replaced all communication and overlapping) area, lease: 2200m2 plot: 2400m2 Number of tenants 12 (warehouses, shops) The cost of renting warehouses 3,5 € / m2 shops 7 € / m2 Rentals put 95% of the area of Revenue rent per month including VAT: 12 051 € All accounting official! Number of employees: 5 (3 guard, 1 janitor, 1 control) Property tax: 11234 € / year (payments 936 € / month), net income (after payment of all expenses and tax): 110 000 € (9%) Price : 1 200 000 €