A fully rented one-bedroom apartment in Mukkula, Lahti, with an excellent rental yield of 10.20%
A fully leased one-bedroom apartment for sale in an excellent location in Mukkula, Lahti, less than two kilometers from university campuses! Rental yield: 10.20% and return on equity: 27.20%
Price excluding tax €47,500
Selling price €21,699
Cash flow / month €405.74
Rental income 10.20 %
Information about the apartment
| Address | 4 Reppurinkatu |
|---|---|
| Apartment | D 71 |
| Type | 2 hours + month |
| Area | 51.5m2 |
| Rent | 650 € |
| Maintenance fee | 244,26 € |
| Financial compensation | 184,79 € |
| Debt ratio | 23 199 € |
| Status |
Reserved
|
A fully rented one-bedroom apartment in Mukkula, Lahti, with a 10.20% return
- Neat apartment, already rented out
- The apartment has an excellent floor plan and a glazed balcony.
- Building renovated in 2018–2019
- Great location close to universities, stable rental demand!
- Comprehensive services and public transport connections in the surrounding area
- The apartment has a 10.20% return on rent and a 27.20% return on equity
- Lahti is a growing city and offers excellent potential for investors.
- Return on equity of up to 27.20% and cash flow of €221.34 per month with 70% financing*
*Loan calculated based on a 20-year term and a 3% total interest rate. The monthly loan payment, including interest, is €184.40 in this calculation. Cash flow is calculated using the formula: rent + maintenance fees + loan payment = €221.74/month
Basic information about the housing company
- Name of housing company:Asunto Oy Mukkulan City
- Property ID:398-007-7053-1
- Land ownership:Leased (City of Lahti)
- Annual rent for the plot:€21,100
- The lease term for the plot ends on:May 31, 2030
- Planning situation:Local detailed plan
- Year of introduction:1967
- Building and surface materials:Concrete
- Roof type:Gable roof
- Roofing material:Felt
- Heating system:District heating
- Ventilation:Mechanical extraction
- Elevator:Yes
- Sauna in the building:Yes
- The building has:Bicycle storage, civil defense shelter, storage rooms
- Parking spaces:16 carports, 33 garages
- Energy class:C2018
- Energy certificate validity period:19.09.2033
- Maintenance needs assessment completed:2025
- Asbestos survey:The property was completed before 1994, and no asbestos survey has been conducted.
- Number of residential units (units):190
- Total floor area of residential units:10,531.5 m²
- Loans for the housing company:€4,270,248.43 (December 31, 2025)
Renovations carried out in the housing company
- 1997– Renovation of facade, roof, and balconies (balcony glazing is owned by the shareholders)
- 2001– Sauna renovation (building 3)
- 2002– Renovation of domestic water systems, replacement of heat distribution rooms and sub-distribution centers, and balancing of the heating system
- 2006– Sauna renovation (buildings 2 and 4)
- 2008– Construction of waste shelters (3 units)
- 2009– Yard renovation (house 2)
- 2012– Replacement of exterior doors and locks (Abloy Sento)
- 2017– Reppurinkatu 2 cold storage facility decommissioned and demolished
- 2018–2019– Pipe renovation (traditional method): bathroom renovation, apartment-specific water meters, iLOQ locking system, exhaust air heat recovery (buildings 3 and 4), replacement of electrical distribution boards and supply cables, fire alarm system, smoke extraction windows, demolition of cold storage rooms, construction of club room (building 4) and cleaning of subfloor
- 2020– Replacement of staircase and number lights and push buttons; replacement of automation in the heat distribution room in building 2
- 2021– Painting of parking spaces, asphalt repairs, roof repairs and maintenance painting of metal roofing on building 4, washing of facades (buildings 2, 3, 4) and addition of lighting to the playground.
- 2022– Maintenance painting of garage doors and cladding panels; Reppurinkatu 4 roof renovation (foundations, gutters, downspouts, heating cables, skylights, and safety cable system)
- 2023– Repair of balcony railing elements (building 4)
- 2024– Repairs to balcony railing elements (Reppurinkatu 2 & 3), painting of stairwell lobbies (Reppurinkatu 3 & 4), and installation of apartment-specific fire alarms
Maintenance needs assessment (next 5 years)
- Renovation of lobbies
- Planning window renovations
Pictures of the apartment
Floor plan of the apartment
Apartment condition points
| Average condition score for the apartment | 3 |
|---|---|
| Average surface area of apartment | 3 |
| Average condition of the kitchen | 3 |
| Average condition of bathrooms | 3,5 |
| Description | Condition | Impact on re-renting |
| 1 | Broken and requires immediate replacement or repair. | This will likely affect re-renting. |
| 2 | Clear signs of wear, but still usable. | May affect re-renting. |
| 3 | In habitable condition and meets the tenant's needs. | Unlikely to affect re-rental. |
| 4 | Very neat and in good condition. | Unlikely to affect re-rental. |
| 5 | In new condition. | Does not affect re-renting. |
The condition scores for each living space are averages based on detailed condition scores for the different rooms in the apartment. Check out the detailed condition scores for the apartment in the apartment materials!
Location of the destination on the map
Real estate investor's return and loan calculator
Estimated loan amount (monthly)
Cash flow
Return on equity (ROE)
Required equity capital
Lahti as an investment city
Lahti – A dynamic investment city in the heart of growing Southern Finland
Lahti, Finland's eighth largest city, is a lively and developing center that offers diverse opportunities for residential investors. With a population of over 120,000, the urban area provides a solid foundation for housing demand, and Lahti's location in the middle of Southern Finland's growth corridor reinforces its position as an attractive investment destination. The city's diverse services, strong industrial heritage, and investments in green technology make it a unique combination of tradition and future prospects.
Why choose Lahti for real estate investment?
Lahti is a city that leaves no one cold. Its excellent transport connections to Helsinki and elsewhere in Finland make it an ideal location for both work and leisure. The city's continuous development is reflected in the emergence of new residential areas, businesses, and services, which creates a stable foundation for housing demand and rental income. Lahti is also known for its active cultural and sporting life, which attracts residents and increases the city's appeal. Lahti's affordable housing offers a wide range of options, from new developments to renovated apartments, so every investor is sure to find a property that suits their budget and goals. Lahti is a city that pulsates with life and offers real estate investors the opportunity to be part of its success story.
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Kalle Lax
Aarne Urvas
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