If you are looking for a place in the center of Munich to rest your head at the end of a day of exploring, you cannot go wrong with this location and cost.
It's not super fancy, the apartment is just one small room with a bed that folds down from the wall, turning it into a bedroom. The bed is very comfortable though, and we also enjoyed the huge TV (for watching world cup!), the small balcony, spotless bathroom and wifi. We slept with the balcony door open for air, which is great until the kids at the school across the street show up around 7am, then you can close the door and it is totally soundproof. We did not try to cook, but there are a couple hot plates in the kitchen.
The apartment is super close to the city center, so you can walk to everything but it is also on the same block as the U/S Bahn so incredibly easy to get anywhere else you want to go.
Thomas was super easy to communicate with and explained everything we needed to know when we checked in. Recommend!