Story No. 1 · Frankfurt · Single, around €90k
A 354.000 € apartment, bought on a 90.000 € salary.
A newly renovated 40 m² apartment in central Frankfurt with a 3-year rental guarantee, 100 % financed at 4,5 % fixed for ten years. The forecast she saw, and the four scenarios we stress-tested before she signed.
- Central Frankfurt40 m², newly renovated
- Rent32 € / m²
- Rental guarantee3 years
- Financed100 %
- Interest4,5 % fixed 10 y
- Repayment1 %
- AfA3 %
- Appreciation3 %
- Income growth0 %
- Own capital28.320 €
Own capital covers the purchase costs only: 6 % transfer tax, 1,5 % notary and land registry, 0,5 % financing costs. Hessen, single filing.
- Worst month before tax benefits
- −366 €
- In 2027, narrowing every year as rent rises
- After tax benefits, first full year
- +43 € / month
- The apartment carries itself from year one
- Total wealth if sold in 2036
- 170.939 €
- 6,04× own capital · 19,7 % annualized
Projection from the assumptions above. Rent is indexed 2 % a year, the salary stays flat, and the apartment is sold after the 10-year holding period, so the gain is tax-free.
What we stress-tested
Click a column to see its charts- Total wealth at sale
- 170.939 €sold 2036
- Own capital multiple
- 6,04×19,7 % a year · 10 years
- Cashflow before tax benefits
- −28.428 €over the hold
- Cashflow after tax benefits
- +9.121 €over the hold
- Tax benefits over the hold
- +37.549 €10 years
Base case, year by year
Cashflow before tax benefits
per month · rent minus loan and costs
−28.428 €
Cashflow after tax benefits
per month · including the tax refund
+9.121 €
Tax impact
per year · income tax saved
+37.549 €
The same three charts every client sees for their own property in the Financemate scenario planner.