Don’t want to be burdened by monthly mortgage payments for the next 30 years of your life? You may want to think smaller and consider trading in your two-bedroom home for a tiny house. While these structures are certainly not for people who like to live lavishly, they might be the ideal choice—and perhaps even a stylish one—for those who embrace minimalism or travel often. At least that seems to be the target market for this hot-pink home spotted by Curbed.

Designed by architect Joshua Woodsman for tiny home purveyor Pin-Up Houses, the “Magenta” house measures just about 11 feet by 6 feet, but has all the basic necessities you’d need. It comes with a small kitchenette, sofa bed, water tank, toilet, gas cooker, and three electrical outlets.

Storage space can be found underneath the sofa bed, and additional belongings can be placed atop nets that are strung across the ceiling and walls. There’s also a table for al fresco dining. The cost? Only $11,000.

The structure is built atop a flatbed trailer, allowing homeowners to hitch it to their car and take it with them wherever they decide to live. The makers of this tiny home call it “a manifesto of temporary independent housing, against debt and mortgages.”

Check out the video below to see the interior and other details.

[h/t Curbed]