I have checked the basic income and expense assumptions, but the building’s financial position is still unclear. The property is a three-bedroom coastal home in Amsterdam at €391,000, with projected rent of €1,900 a month—about 5.8% gross.
My figures include expected gaps between tenants...
If the rent or recurring costs are wrong, this purchase could produce very little cash flow despite an attractive headline yield. I’m reviewing a 2-bed Amsterdam new-build flat priced at €496,800, with projected rent of €2,756 a month and a stated gross yield of roughly 6.7%.
My spreadsheet...