Vidauban Rental Property with a Gross Yield of 8.40%, Net Yield of 6.93% after all Charges

Property Description

100% Self-financing possible for this rental building consisting of 4 F2 apartments, all air-conditioned.

Ground Floor - F2 of 35.76 m² rented for 506.76 + 30 charges
Living kitchen 22.78 m², Bedroom 9.39 m², Shower room WC 3.59 m², interior courtyard 4.70 m²
1st Floor - F2 of 31.58 m² rented for 506.76 + 35 charges
Living kitchen 19.22 m², Bedroom 8.46 m², Shower room WC 3.90 m², interior courtyard 4.70 m²
2nd Floor - F2 of 31.77 m² rented for 506.76 + 25 charges
Living kitchen 19.37 m², Bedroom 8.50 m², Shower room 3.90 m², interior courtyard 4.70 m²
3rd Floor - F2 of 34.78 m² rented for 568.69 + 25 charges
Entrance 2.13 m², Kitchen 3.81 m², Living room 15.20 m², Bedroom 9.43 m², Shower room WC 4.21 m², Tropézienne terrace 4.70 m²

Monthly insurance 73.23. Common electricity: 21.26. Property taxes 176.58.
Thus, a net monthly income of 1,817.90 x 12 months = 21,814.80 annually
Rental yield of 21,814.80 / 315,000 = 6.93% net of all charges.
The purchase of this building can therefore be self-financed over 20 years with a 100% loan at 3.5%, resulting in a monthly payment of 1,809.

A loan is a commitment and must be repaid.
Co-ownership of 4 lots - including 4 residential lots.