alte-strasse in Reinach

Name: alte-strasse
Brand: Argovia Immobilien GmbH
SKU: 19325
Availability: InStock

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Project info

Object ID: 19325

Finished at	March 2022
Price, m²	From 8410$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

470,960$

Net profit

7,229$

Payback period

49.6 years

Avg property value increase per year

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About the project

The modern apartment building with 28 apartments on "Alten Strasse" is in the new center of Reinach. The apartments are flooded with light and are being built to a high standard (kitchen with stone covering, built-in cupboards, cloakroom, parquet floors in the living area and tiled floors in the bathroom and kitchen area).