Matei Voievod 114
Purchase Price €135,000
Area (m²) 45.3 m²
Price / m² €2,980.13
1st Year ROI 1.72%
Net Annual Income €1,464.3
5-Year + Sale Avg ROI 11.09%
Key Features
01
Location Advantage
Muncii Metro Station M1, 8-10 minutes walk
02
Nearby Amenities
Mega Image, Profi & Piata Obor Market / Schools / IOR Park
03
Apartment Quality
Newly designed
04
Parking & Storage
Ground floor parking
Concept Choice
Equity Builder
Properties acquired at favorable pricing and supported by leveraged financing with relatively low initial cash, aiming to build wealth over time through mortgage amortization and steady capital appreciation.
Property Identification
- Property Type
- 2-rooms
- Layout
- Semi-Detached
- Street
- Bucharest, Matei Voievod Nr. 114 AP 4
- City
- Bucharest
- Sector
- 2
- Year of Construction
- 2018
- Floors in Building
- 6
- Floor
- 2
- Seismic Risk Grade
- None
- Transportation Distance
- Muncii Metro Station M1, 8-10 minutes walk
- Elevators
- 1
Size & Technical
- Usable Apartment
- 45.3 m²
- Constructed Apartment
- —
- Total Usable Area
- 45.3 m²
- Condition
- Newly Renovated
- Central Heating
- Private
- Gas
- Yes
- Electricity
- New
- Storage Areas
- Yes
- Parking
- Da - inclus
Financial Case
- Purchase Price
- €135,000
- Asking Price
- €135,000
- Price per sqm
- €2,980.13
- Parking Price
- —
- VAT
- —
- Total Purchase Costs
- €135,000
- Projected Annual Appreciation
- 5%
Cash
Acquisition Costs
Total Purchase Costs€135,000
Total Closing Costs€8,360.5
Total Renovation Costs€300
Total Cash Investment€143,660.5
Sale / Exit
Projected Sale Price (5 Years)€183,351.25
Net Rental Income€31,064.55
Total Revenues€214,415.8
Selling Expenses-€8,489.16
Net Amount in Cash€205,926.63
Income
Total 1st Year Rent€7,200
Total 1st Year Expenses-€721
Total 1st Year Net Income€6,479
Returns
1st Year ROI4.51%
5-Year + Sale Avg ROI8.67%
Leverage
Acquisition Costs
Loan-to-Value (LTV)45%
Total Down Payment€74,250
Bank Financing€60,750
Total Closing Costs€10,829.17
Total Renovation Costs€300
Total Investment (Owner Equity)€85,379.17
Sale / Exit
Projected Sale Price (5 Years)€186,501.97
Net Rental Income€5,991.06
Total Revenues€192,493.03
Loan Payoff-€51,144.29
Selling Expenses-€8,635.04
Net Amount in Cash€132,713.7
Income
Total 1st Year Rent€7,200
Total 1st Year Expenses-€5,735.7
Total 1st Year Net Income€1,464.3
Returns
1st Year ROI1.72%
5-Year + Sale Avg ROI11.09%
Gallery
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