Offer and earnings preview

We are offering for sale co-ownership shares in the apartment building located at Schonensche Straße 38, Berlin-Prenzlauer Berg.

The price is 173.-€ per 1/10,000th

The minimum share should not be less than 5,000.-€.

The following earnings preview is based on a share of 10,000.-€.

Supposing a mature building loan agreement to the sum of the share amount is available based on savings of 4,000.- €. The building loan to the amount of 6,000.-€ is issued at an interest rate of 3%, amortization is 5.38%. This means that the loan could be paid back after 15 years.

Result:

The entire loan repayment is made taking the rent surpluses into consideration

With an on-going monthly expense starting at approx. 12.70 €

With a subsequent constantly increasing starting disbursement beginning at approx. 8.4%

All figures used are averages and may differ according to the flat and location thereof within the building.

EARNINGS PREVIEW FOR A STAKE OF 10,000.-€

Year	1	5	10	15	16	20	30
Rental income	390.10€	420.10€	475.30€	537.76€	551.20€	608.42€	778.83€
Loss of rent risk Maintenance Administration	-7.80€ -5.35€ -26.68€	-8.40€ -10.70€ -28.73€	-9.51€ -21.40€ -32.51€	-10.76€ -32.10€ -36.78€	-11.02€ -32.10€ -37.70€	-12.17€ -37.55€ -41.62€	-15.58€ -53.49€ -53.27€
Rent surplus	350.27€	372.26€	411.89€	458.12€	470.38€	517.19€	656.49€
Interest payments at 9.7% annuity	-502.80€	-502.80€	-502.80€	-502.80€
Solvent underfunding Solvent surplus	-152.53€	-130.54€	-90.91€	-44.68€	470.38€	517.19€	517.19€
Monthly amount saved	-12.71€	- 10.88€	-7.58€	-3.72€
Equity yield rate related to the entire amount saved					8.43 %	9.27 %	11.77%

All figures are estimates; actual values may be higher or lower.