atro_city

  • 11 Posts
  • 787 Comments
Joined 2 years ago
cake
Cake day: August 5th, 2023

help-circle







  • Really? A cute little apartment in the center of Madrid that would normally cost 3k a month?

    Months Nominal Rent Rent Accumulated total % of original value
    1 3000 3000 3000 0,15%
    2 3000 6000 9000 0,45%
    3 3000 9000 18000 0,90%
    4 3000 12000 30000 1,50%
    5 3000 15000 45000 2,25%
    6 3000 18000 63000 3,15%
    7 3000 21000 84000 4,20%
    8 3000 24000 108000 5,40%
    9 3000 27000 135000 6,75%
    10 3000 30000 165000 8,25%
    11 3000 33000 198000 9,90%

    Let’s say they bought it a 2M€. You sure they would want to let it sit empty for 9-11 months a year?