Now available for free in the App Store: Immo Tools

The Lukinski Immo Tools and the Lukinski Villas App, now free for iOS and Android Phones.

Top 3 calculators in the app!

The 3 most popular calculators of Immo Tool users so far:

Top 3 Calculator: #1 Yield Check

The yield calculators, for example, are particularly popular. The yield of a property tells you how profitable it is (guide: property yield). With the yield check calculator you can check super fast and easy if a planned real estate investment is profitable. The yield quick check for capital investments.

• Yield Check

Calculate net yield #2

With the net yield calculator you can calculate the net yield of a property. Here you can enter the gross yield, the applicable taxes and costs (e.g. maintenance costs) to determine the net yield.

• Calculate net yield

Calculate brokerage costs #3

You can easily calculate the brokerage costs with the corresponding calculator. Here you can enter the amount of the purchase price to determine the brokerage costs incurred.

• Calculate brokerage costs

Real estate financing

Calculate equity

With the equity calculator, you can easily calculate your current equity, which can be used as a down payment when financing a property.

• Calculate equity

Calculate reserve

With the Reserve Building Calculator, you can calculate your monthly savings and set a goal for how much reserve you need for a future purchase.

• Calculate reserve

Calculate maximum purchase price

With the app’s Maximum Purchase Price Calculator, you can calculate how much you can spend on a property without straining your finances. Here you can enter various factors such as income, equity and monthly expenses to determine a realistic purchase price.

• Calculate maximum purchase price

Calculate redemption schedule

The repayment schedule calculator helps to calculate the schedule for the repayment of a loan. Here you can enter the amount of the loan, the repayment rate and the accruing interest to get an overview of the monthly repayments.

• Calculate redemption schedule

Buy real estate

Calculate ancillary purchase costs

With the calculator for ancillary purchase costs, you can calculate the costs incurred when buying a property in addition to the purchase price, such as notary fees, land transfer tax, brokerage fees, etc.

• Calculate ancillary purchase costs

Calculate real estate transfer tax

With the real estate transfer tax calculator, you can calculate the amount of real estate transfer tax that is due when you buy a property. Here you can enter the purchase price and the state to determine the amount of tax.

• Calculate real estate transfer tax

Real Estate Yield

Calculate gross yield

With the gross yield calculator you can calculate the gross yield of a property. Here one can calculate the amount of the purchase price, the monthly rental income, but without (!) the costs incurred (e.g. maintenance costs) to determine the gross yield.

We recommend the net yield, it is much more accurate for calculating the yield of a property.

Still to the calculator:

• Calculate gross yield
• Calculate net yield

Calculate purchase price factor

Especially for larger properties and portfolios, the purchase price factor is often used. Simply put, the result shows in how many years (x) the property has recovered. With the purchase price factor calculator you can calculate the amount of the purchase price factor. Here you can enter the purchase price and the annual rental income to determine the purchase price factor.

• Calculate purchase price factor

Real estate areas

Calculate usable area (DIN 277)

With the usable area calculator (DIN 277) you can calculate the usable area of a property by entering the dimensions of the rooms and the thickness of the walls. This calculation is done according to the specifications of DIN 277.

• Calculate usable area (DIN 277)

Calculate living space (WoflV)

With the living space calculator (WoflV) you can calculate the living space of a property by entering the dimensions of the rooms and the thickness of the walls. This calculation is done according to the specifications of the Living Space Ordinance (WoflV).

• Calculate living space (WoflV)

Calculate traffic area (DIN 277)

With the traffic area calculator (DIN 277) you can calculate the traffic area of a property by entering the dimensions of the rooms and the thickness of the walls. This calculation is done according to the specifications of DIN 277.

• Calculate traffic area (DIN 277)

Calculate functional area (DIN 277)

With the functional area calculator (DIN 277) you can calculate the functional area of a property by entering the dimensions of the rooms and the thickness of the walls. This calculation is done according to the specifications of DIN 277.

• Calculate functional area (DIN 277)

WEG (community of owners)

Calculate co-ownership share

The co-ownership share calculator allows you to calculate the co-ownership share in a property by entering the total value of the property and the share of ownership.

• Calculate co-ownership share

Calculate maintenance reserve

With the maintenance reserve calculator you can calculate how much the maintenance reserve for a property should be in order to cover future repair costs. You can enter the amount of the purchase price and the expected costs for repairs.

• Calculate maintenance reserve

Sell real estate

Calculate speculation period

With the speculation period calculator you can calculate when a property may be sold after the speculation period in order to obtain tax exemption. You can enter the date of purchase and the speculation period.

• Calculate speculation period

Calculate partial sale

With the partial sale calculator you can calculate the value of a partial sale of a property. Here you can enter the purchase price, the costs incurred and the expected rental income to find out the value of the partial sale and of course to calculate the user fee (comparable to rent) in return for the partial purchase.

• Calculate partial sale

Calculate partial sale check

With the Partial Sale Check you can check whether a partial sale of a property is profitable. Quick and easy.

• Calculate partial sale

Equity investment in the purchase of real estate

Whether for personal use or capital investment, equity capital is required for every real estate purchase. Especially when buying your first property, the amount of equity you need to contribute is important. If you are buying a property for your own use, you should contribute as much equity as possible. If you are investing in a property as a capital investment, less is more.

As a basic rule:

• Self-interest = As much equity as possible
• Capital investment = As little equity as possible

Why is that?

Equity as a safety mechanism

In order for the bank to give you a loan for your property, it needs a certain security to get this money back in full later. That is why your creditworthiness is checked in advance. The more liquid your finances are, the less equity is necessary. However, if your expenses outweigh your income, you will need more equity. Once you have received your loan, you pay it back monthly through repayments.

The better your credit rating, the less equity you have

Important: As an owner-occupant, you have to pay back the interest on your loan yourself. Investors, on the other hand, can deduct them from their taxes.

Self-interest: This is how much equity you need

So as an owner-occupier, you need to put in as much equity as possible. In addition, the higher the equity, the lower the interest burden. Because the more equity you bring in, the less risk there is for the financing bank and the lower the interest rates are calculated.

As a general rule: 20% equity for owner-occupiers

Monthly Costs & Income

So how much should you earn each month? Our tip: The monthly cost of your loan should not exceed 40% of your net income.

Here is a calculation example:

• Income (net): 3,000 euros
• 40% = 1.300 Euro

So the monthly repayment including interest should not exceed the 1,300 euros.

Capital investment: This is how little equity you need

While you need as much equity capital as possible for owner-occupation, as an investor you enjoy the advantage of having to contribute far less equity capital. In addition, you can deduct the interest from your taxes. Ideally, even the tenant indirectly pays your interest. As a buyer of a property as an investment, your equity covers only 10-15% of the costs.

These include:

• Incidental purchase costs
• Real estate transfer tax
• Notary fees
• Court costs
• Brokerage costs

Rolling equity: Fast investments

Our pro tip: Make use of your rolling equity. But how does it work? It’s simple: You buy a property and contribute equity. Now this is paid out again through redemption and you can use it directly for your next investment.

Conclusion: This is how much equity you need!

So here is the rule of thumb once again:

• Self-interest = As much equity as possible
• Capital investment = As little equity as possible

In the case of personal use, your equity serves as security for the bank that it will definitely get your money back sooner or later. In principle, the equity you put in should not exceed 40% of your net salary. As an investor, on the other hand, you only need to contribute 10 to 15 percent as equity. The interest is to be borne by the tenant and with the help of rolling equity, you can invest directly in the next property.

You can find more about equity and real estate financing on my new project for real estate buyers (Immobilien-Erfahrung.de):

• Equity (external)

Equity bottleneck? Advantages of interim financing

There can be various reasons for interim financing. You already own a property, but would like to move for professional or private reasons and cannot sell your house so quickly? As can be inferred from the name of this financing solution, this option gives you a chance to have fixed capital or funds available in the future at the current time.

You can apply for a form of financing for a maximum of 24 months in the amount of the equivalent value

The most common questions about bridge financing in advisory meetings are:

• How long does bridging finance last?
• What is a bridging loan?
• How does interim financing work?
• What is bridging finance house?

House and apartment purchase: definition of interim financing

Interim financing, also known as pre-financing, does not come alone. Rather, it is usually applied for together with an annuity loan and counted as an equity component. You can apply for this form of financing for a maximum of 24 months in the amount of the equivalent value.

Repayment of this additional financing is possible at any time without an early repayment penalty to the bank. If you sell a property you own, for example, before the interim financing period expires, you can redeem the loan at any time and from then on only pay the agreed instalments for your property financing.

Pre-financing and interim financing: Experience

Pre-financing and interim financing give you maximum flexibility and ensure that you do not have to postpone a planned house purchase or apartment purchase due to fixed finances, for example those invested in tangible assets.

Another advantage is the fact that the interim financing is counted as equity in the interest calculation of the annuity loan and secures you the best interest rate. The value is there, so you can ensure a relaxed ratio of loan-to-value and loan-to-value through bridging finance.

Thus, pre-financing and interim financing are considered as equity capital

You can use interim financing as equity capital if you own two properties as a bridging loan or if you want to use capital from an insurance policy that is due to expire in the foreseeable future as part of follow-up financing . In these cases, your capital cushion or the existing tangible asset flow into the equity valuation of the real estate financing and have a positive effect on your conditions.

Art on the building at a glance: Shape-changing work on the building

• Artistic modification of a building
• Alterations, such as a mural or a statue integrated into the building
• Artistic change can affect property value

Back to the wiki: Real Estate