[Certhas]

https://www.immobilienscout24.de/expose/154724307

The mortgage is estimated at 1600€ / month, S-Bahn to Hauptbahnhof is 22 minutes.

It's not super comfortable (as you'll be paying bills on top) but absolutely doable on a single 4k€ net income.

It took me about 2 minutes to find this.

Edit: To note, I claimed it's easily doable in the Berlin area, not in the Munich area. In the outskirts of Berlin 4k Net is more comfortably doable. Berlin is also geographically larger, so travel times will start being significantly above 30 minutes, too, though.

[mgraupner]

It's a 30-year-old house, at the moment I live in a similar old house. There is a considerable amount of renovation that needs to be done on houses that old, this house also has an energy efficiency rating of F, which is the worst. You need to invest at least €150,000 on top of that to have a reasonably modern house. It's also not decent to live on a 250m2 plot, which is probably the smallest space you can put a house on.

[lnsru]

Fail. This property is rented to 2 families. So it’s price reduced by at least €200k compared to an empty property. You’ll never get out 2 families at once as long as they pay rent.

[Certhas]

If you buy for yourself you can. If you buy for investment, then not.

[lnsru]

That’s the nice theory. This place is rented since 1995 for cheap. No way to buy it for yourself. That’s why the price is low.