AI-generated analysis
NEGOTIATE — Offer €455,000–465,000. Acceptable hold if long-term Paris exposure; yield not best-in-class.
Yield analysis
Purchase price: €485,000 · Size: 48 m² · €10,104/m²
Gross annual rent: €25,200 (€2,100/mo) · Charges: €250/mo
Gross yield: 5.2% · Net yield: 3.6% · Net-net: 3.2%
Monthly cashflow (unlevered): +€210
Mortgage (80% @ 3.8%): ~€1,810/mo · After debt: −€290/mo
Payback: 22.1 years
Market assessment
Location: 7.8/10 — Paris 11e, near Voltaire
Demand: Very high rental · Price per m² elevated vs yield
Rental trend: +2.1%/yr · Capital growth 5 yr: +12%
10-YEAR PROJECTION
Rent growth 2%/yr · Value 1.8%/yr
Year 10 equity build (25% down): ~€165k estimated
Levered IRR base: 5.4%
Risk assessment
① High entry €/m² limits upside
② Rent control zone — indexation caps
③ Building energy rating D — future works risk
④ Competition from new builds in 12e/20e
Market intelligence
11e micro-market: gross 4.5–5.5% typical · Deal at 5.2%
Micro-apartments <50 m²: high turnover, furnished premium +8–12%
Strengths
Excellent liquidity · Strong tenant demand
Furnished rental option · Metro lines 9, 3, 2 nearby
Recommendation
NEGOTIATE — Offer €455,000–465,000. Acceptable hold if long-term Paris exposure; yield not best-in-class.
Disclaimer
AI-generated analysis for informational purposes only. Not financial or investment advice.